Talecris Biotherapeutics Holdings Corp priced shares in its initial public offering for $19 each, within the expected range, but increased the size of the share issue in the largest IPO by a biopharmaceuticals firm in three years.
More private equity firms in Australia are eyeing exit strategies by floating companies in the wake of U.S. buyout group TPG'slaunch this week of Myer's $2 billion initial public offering.
Bank of America Corp said on Wednesday six internal candidates are in the running to take over from Chief Executive Kenneth Lewis when he retires at the end of the year. All six are on the executive management team, four are long-time Bank of America staff and just one -- Tom Montag -- joined through the bank's acquisition of Merrill Lynch & Co.
French food group Danone settled a legal row with China's top beverage producer Wahaha by selling out of their joint venture, as analysts speculated Danone is looking to the United States for a big acquisition.
U.S. securities regulators are eyeing new restrictions on the multi-trillion dollar securities lending market used by short-sellers after the credit crisis revealed the industry was anything but low risk.
Accretive Health Inc AH.N, a provider of technology and services aimed at helping hospitals manage their revenue cycles, plans to raise as much as $200 million in an initial public offering, according to a prospectus filed with U.S. regulators.
Myer, Australia's largest department store chain, plans to raise up to $2 billion in a share offering that will test investor appetite for retail stocks and may encourage other IPOs in the sector.
Shares of China's top videogame company Shanda Games Ltd fell 14 percent on Friday in one of the worst trading debuts of the year, the latest indication that while the IPO market may be recovering, investors are still selective.
BlackBerry maker Research In Motion could see its share of the smartphone market eroded by competing devices like Apple's iPhone, analysts warned on Friday as RIM's stock plunged more than 16 percent in the wake of a disappointing profit and outlook report.
U.S. commercial banks reported a drop in trading revenues for the second quarter as earnings from interest products plunged, though revenues were boosted by improving credit markets, the Office of the Comptroller of the Currency said on Friday.
Thomson Reuters on Friday released the top government-guaranteed bond underwriters for the third quarter of 2009 as of Thursday, September 24.
Shares of Research In Motion fell around 15 percent on Friday after the BlackBerry maker reported a lower profit and gave an outlook that fell short of analysts' expectations.
China's top video game operator, Shanda Games, priced its $1 billion U.S. IPO at the top of an indicative range, as firms globally make bold moves to capitalise on a spike in investor confidence.
Morgan Stanley is outrunning archrival Goldman Sachs as 2009's busiest adviser on mergers as optimism grows that the crippling effects of the financial crisis on dealmaking may be easing.
ING will sell its 51 percent stake in a wealth management joint venture to partner Australia and New Zealand Banking Group (ANZ) for 1.1 billion euros ($1.6 billion) as the Dutch group slims down through asset sales.
Rising Powers at Table; Way Opening for Buyouts; Loan Losses Grow
Goldman Sachs Group Inc expects to benefit from the new over-the-counter derivatives and commodity trading rules owing to its strong technology position, said a Citigroup analyst, who met with Goldman management, and raised his earnings outlook for the bank.
Shares of Julius Baer Holding AG's U.S. asset management arm Artio Global Investors Inc finished their first day of trade up 4.8 percent after the company's initial public offering raised more money than expected.
World leaders at the G20 meeting on Thursday closed in on a statement urging new restraints on bankers' pay, a flashpoint for outrage in the global financial crisis.
Shares of Julius Baer Holding AG's U.S. asset management arm Artio Global Investors Inc jumped 6.7 percent in their debut following the company's initial public offering that raised more money than expected.
Goldman Sachs' (GS.N) $334 million investment in Geely Automobile Holdings (0175.HK) will boost the Chinese automaker's global ambitions, including a potential bid by its parent for Ford's (F.N) Volvo brand.
Julius Baer's U.S. asset management arm Artio Global Investors Inc is set to price its U.S. initial public offering after Wall Street closes on Wednesday in what is likely to be a test of investors' appetite for new financial issues.
