A $740 million portfolio of performing loans held by failed German bank Eurohypo AG on U.S. properties has attracted more than 100 prospective buyers, several sources said on Tuesday.
Andy Fields, a businessman in England, claims he found Pop Art sketch drawn by a young Andy Warhol at a garage sale and purchased it for $5. Fields purchased the sketch in 2010 in Las Vegas for $5 from a man who claims his aunt cared for Warhol as a child. The drawing of Rudy Vallee in Pop Art style is signed by Warhol and dates back to the 1930's, when the infamous pop artist was just 10 or 11-years-old and is worth more than $2 million today.
The Bureau of Ocean Energy Management, the U.S. authority issuing permits to drill for oil and gas, announced Monday it will be hosting a series of public meetings ahead of a new round of oil and natural gas development lease offerings in the Gulf of Mexico.
A Canadian court has granted Sino-Forest Corp protection from its creditors and has approved an agreement with some of its noteholders to start the process of selling the embattled Chinese forestry company.
Friday's surge may have been a reaction to RIM's new CEO, Thorsten Heins, who said he's conducting a strategic review of the company, indicating a sale of some or all of its assets is possible.
Sino-Forest Corp has asked a Canadian bankruptcy court to approve an agreement providing for either the sale of the embattled Chinese forestry company to a third party, or a restructuring enabling note holders to acquire nearly all of its assets.
Sears Holding Corp is mulling the sale of its Land's End clothing line to private equity firms, as the company hopes to ease ongoing problems with liquidity.
Here are the 10 most valuable franchises in America.
Rio Tinto PLC said Tuesday it is mulling ways to sell off its diamond operations, as the world's third-largest mining company tries to divest mines it says may no longer fit its growth strategy.
Sharp Corp. announced Tuesday plans to sell new shares in itself to Hon Hai Precision Industry Co., part of Foxconn Technology Group, in an effort to raise 132.5 billion yen ($1.6 billion) after forecasting a record loss for the year.
British taxpayers may take billion-pound hit if plans go ahead to sell off up to a third of stake in RBS to sovereign wealth investors in Abu Dhabi.
Online auction company EBay Inc said on Monday it had blocked global sales of sorbitol following the death of a medical patient in Italy who consumed a sample of the sugar substitute which had been bought on the Internet.
The British government has been in talks with Abu Dhabi's cash-rich sovereign wealth funds to sell a large portion of its 82 percent holding of RBS for months, according to a report.
The luxurious LA mansion where US President John F. Kennedy and his wife Jacqueline spent their honeymoon in 1953 is up for auction for $95 million.
Viterra said on Monday it was in exclusive talks with one prospective buyer, pushing its shares lower as the prospect of a bidding war for Canada's biggest grain handler diminished.
Continuing its delicate game of portfolio balancing, United Technologies said Thursday it will sell off several major business units as way to raise cash for a previously announced $16.5 billion acquisition of aerospace manufacturer Goodrich Corp.
The new iPad goes on sale Friday (March 16) at 8 a.m. Want the new iPad but you are too lazy to stand in the line or hate getting your tablet later than others? Well then, how about buying the cheaper iPad 2 instead? It all boils down to your needs and preferences. You might just find out that you don’t need the new iPad, or, the iPad 2 could be less advanced than what you would prefer.
Britain should not delay too long kick-starting the sale of its shares in Royal Bank of Scotland , the chief executive of RBS said, as speculation grows that the government could sell an initial stake at a loss.
Apple's new HD iPad, the tablet formerly known as iPad 3, goes on sale March 16, but before you grab one, here's a quick primer on what you need to know beforehand. It's just called iPad or new iPad, and it will be the one on sale for $500 as the iPad 2 is now down to $400. Not that anyone would try to sell you the wrong iPad, but telling them apart at a glance is not easy.
Goodrich Corp shareholders voted on Tuesday to approve selling the maker of aircraft components to diversified manufacturer United Technologies Corp for $16.5 billion.
Britney Spears, who is currently in talks to become the newest judge on Simon Cowell's The X Factor, has re-listed her Mediterranean-styled Beverly Hills mansion for $2.995 million. Check out photos of Spears' sprawling abode, presented by Nancy Sanborn of Prudential California Realty.
Real men wear mantyhose. If you thought men in tights was a sartorial statement best left to medieval jesters, think again, said The Daily Mail's Daisy Dumas.
