Investors as well as donut and coffee fans might remember last month when Dunkin Donuts' IPO was the hottest thing on Wall Street. The stock had gained 42 percent since Dunkin' Brands Group Inc.'s initial public offering in July. But now one of the banks that managed the IPO has issued a "sell" rating on the company which operates Dunkin' Donuts and Baskin-Robbins stores.
Many jittery hedge funds are clinging to core stock holdings in the hope that a rebound in equity markets in the final four months of the year will save the $2 trillion industry from its second calendar year of losses in just four years.
Ontario-based Jaguar Financial has bought into RIMM and wants a shake-up. CEO Victor Alboini told IBTimes the current management is putting all its eggs in one basket and is not meeting the competition from Apple and others.
European financial markets steadied Tuesday, with the euro jumping against the Swiss franc, after a sharp sell-off a day earlier due to fears for the euro zone's future and that of its banking sector.
State prosecutors accusing major U.S. banks of improper mortgage practices have offered them a deal that may limit their legal liabilities in return for a multibillion-dollar payment, the Financial Times reported Tuesday.
Big U.S. banks in talks with state prosecutors to settle claims of improper mortgage practices have been offered a deal that may limit their legal liabilities in return for a multibillion-dollar payment, the Financial Times reported on Tuesday.
Europeans are plagued by mental and neurological illnesses, with almost 165 million people or 38 percent of the population suffering each year from a brain disorder such as depression, anxiety, insomnia or dementia, according to a large new study.
Singapore's Temasek Holdings has hired a senior Bank of America-Merrill Lynch investment banker, part of a reshuffling of the top dealmaking team at the state investor.
The yuan's recent gains are helping to tame China's inflation but it is too early to conclude that Beijing has won its battle to cool price pressures, World Bank President Robert Zoellick said on Monday.
Pension funds in developed economies are facing a new crisis as falling equities and tumbling bond yields widen their deficits, threatening the incomes and retirement dates of future retirees.
Pension funds in developed economies are facing a new crisis as falling equities and tumbling bond yields widen their deficits, threatening the incomes and retirement dates of future retirees.
If high-risk stock Sprint can snare Apple's iPhone 5 this autumn, the company and the stock's day will have finally arrived.
To say it's been a discomforting time for U.S. stock investors lately would be an understatement. Europe debt concerns, a tepid U.S. economic recovery that’s not creating enough jobs, and now Hurricane Irene’s damage has jolted institutional investors. Given the above, where’s the Dow headed from here?
The European Union imposed a ban on purchases of Syrian oil on Saturday and targeted three Syrian firms in an expanded sanctions list meant to intensify pressure against President Bashar al-Assad's government.
The world economy is stepping into a new danger zone, World Bank President Robert Zoellick said on Saturday, as growth slows and investor confidence weakens.
Ontario has ordered a full environmental review of a proposed mega-quarry backed by one of Boston's best-known hedge funds, a move that may threaten a project that has already raised local opposition.
Hulu's sale could fetch $2 billion for Disney, News and Comcast
As strongly as gold bullion prices have risen lately, the are greater for an even more robust surge among gold mining company stocks, a CIBC analyst said.
Gold prices vaulted higher Friday, as did silver prices, after the U.S. government revealed that no new jobs were created last month, a body blow to stocks but a gift to investors who bought Treasuries or precious metals.
Toronto's main stock index dropped sharply on Friday morning after dismal U.S. jobs data signaled the frail state of the world's largest economy, but rallying gold miners helped break the fall.
Gold rose to a 1-1/2 week high on Friday as investors sought refuge in safe haven assets after a disappointing labour market report from the United States added to mounting fears about the pace of recovery in the world's largest economy
Joe Roth has risen again to be one of Hollywood's most prolific producers, so it's easy to forget that he undertook one of the most: disastrous studio ventures in recent times with Revolution Studios.