Genzyme Corp , trying to restore investor confidence, said on Thursday it will look into selling three non-core businesses -- genetic testing, diagnostic products and its pharmaceutical materials unit.
Attorneys for Lehman Brothers Holdings Inc and Barclays Plc sparred in court on Monday as they began a trial over whether the British bank received an improper $11.2 billion windfall from its takeover of Lehman's core U.S. brokerage in September 2008.
The U.S. Treasury on Monday plans to start selling off its 27 percent stake in Citigroup , the latest step in the Obama administration's effort to end unpopular bailout programs.
The consumer protection agency in Minas Gerais state, Brazil's second most populous, blocked the sale of Toyota Motor Corp's (7203.T) Corolla cars in the state from Thursday, citing risks of unintended acceleration in the cars.
The aircraft leasing unit of bailed-out insurer American International Group has agreed to sell 53 passenger jets to Australia's Macquarie Group to raise a much-needed $2 billion in cash.
London City skyscraper Tower 42 is up for sale with a 300 million pounds ($461 million) pricetag as owners BlackRock and Hermes seek to profit from spiralling demand in the UK's stock-starved property market.
Redwood Trust Inc is looking to float at least $200 million worth of securities backed by home mortgage loans, the Wall Street Journal said, citing people familiar with the situation.
RadioShack Corp is exploring alternatives including a share buyback or a possible sale of the company that could net more than $3 billion, the New York Post said, citing sources close to the situation.
The Treasury could unveil a preset trading plan next month for the sale of its 27 percent stake in Citigroup Inc , Bloomberg said on Thursday, citing people with direct knowledge of the matter.
Lehman Brothers Holdings Inc fired new allegations at Barclays Capital Inc on Thursday, saying the British investment bank got a $13 billion windfall profit from its deal to buy Lehman's U.S. brokerage in September 2008.
Taiwan will further scrutinize American International Group's stalled $2.2 billion sale of its Nan Shan Life unit, and may decide on its fate before the end of June.
Delta, US Airways, American Airlines, Midwest and United, are kicking off a two-day sale from/to more than 60 cities in the United States for travel through November 16, 2010, Bestfares.com reports.
Citigroup's launch of preferred securities on Wednesday is a potentially major test of market sentiment, one year after prices of bank bonds and stocks plunged to multi-year lows, analysts said.
Lone Star plans to resume selling a $3.9 billion majority stake in Korea Exchange Bank, KEB said, in what would rank as South Korea's biggest banking deal to date.
Chevron Corp , the second-largest U.S. oil company, put several of its downstream operations up for sale, including its Pembroke refinery in the UK, and said it would eliminate 2,000 jobs this year.
Chevron Corp, the second-largest U.S. oil company, said it planned to put several downstream operations up for sale, including its Pembroke refinery in the UK, and eliminate 2,000 jobs this year.
AIG was closing in on a deal on Sunday to sell its foreign life insurance unit to MetLife Inc for more than $15 billion in cash and stock, leaving it with a substantial minority stake in MetLife, sources familiar with the matter said.
Zale Corp is looking to sell the leases on as many as 12 of its New York City jewelry stores in an apparent move to shore up its finances.
News Corp Chief Executive Rupert Murdoch said on Tuesday he didn't believe speculation that New York Times Co would be bought by Mexican billionaire Carlos Slim.
News Corp Chief Executive Rupert Murdoch said on Tuesday he didn't believe speculation that New York Times Co would be bought by Mexican billionaire Carlos Slim.
Allied Irish Banks said it would try to sell assets or a stake in the group before approaching shareholders or the government for further capital, after posting its first ever full-year net loss.
American International Group Inc agreed to sell its Asian life insurance unit to Britain's Prudential Plc for about $35.5 billion, in a deal that would help the U.S. government get back billions of its bailout money, sources familiar with the matter said.