Private equity firm Apollo Global Management LLC's
first-quarter earnings rose fivefold from a year earlier as the value of its investments increased, in its first quarterly report since its March IPO.
China's Sina Corp plans to ramp up investment in its hot Twitter-like product, Weibo, for the rest of the year in order to fend off competition from Tencent Holdings and attract a wider user base.
If you want a degree in the arts, here are three degrees that are wise choices.
Goldman Sachs plans to raise up to 5 billion yuan ($770 million) for a private equity fund in China, a source familiar with the matter said on Thursday.
The top pre-market NASDAQ Stock Market gainers are: IncrediMail, VeriSign, Quantum Fuel Systems Technologies Worldwide, Symantec, and JetBlue Airways. The top pre-market NASDAQ Stock Market losers are: Wilshire Bancorp, Cisco Systems, Shire, ARM Holdings, and Sohu.com.
The Sri Lankan born Hedge fund founder Raj Rajaratnam, the billionaire manager of the Galleon hedge fund, was found guilty on Wednesday on all counts in the largest hedge fund insider trading case in the United States history.
The CME Group raised margin requirements on oil futures for May 10 for the fourth time since February to $6,250 per contract. In response, oil futures plunged more than 5 percent to $98.5 per barrel on May 11.
U.S. stocks dropped sharply (wiping out this week’s advances) in tandem with plunging commodity prices
The Chinese economy may be in trouble and the stock market seems to acknowledge the dangers.
Top hedge fund founder and stock trader Raj Rajaratnam was 'expressionless' in a New York federal court on Wednesday as a jury verdict was read finding him guilty of 14 charges, including insider trading.
HSBC Holdings Plc (NYSE: HBC) said it plans to save up to £2-billion (or $3.5-billion) over the next two years. by downsizing its wealth management and retail segments
U.S. stocks were set to open little changed on Wednesday as investors sorted through company news to find reasons to lift the market further after three days of gains.
The companies whose shares are moving in pre-market trade on Wednesday are: Capital Trust, Macy's, Rosetta Stone, Netapp, Carnival, Magic Software Enterprises, Aircastle, Walt Disney and Molycorp.
U.S. stock index futures edged higher on Wednesday on follow-through from three days of gains on Wall Street as growth in China showed signs of cooling.
China and the United States reached agreement to collaborate closely in the Asia-Pacific region after a two-day strategic and economic dialogue in Washington D.C. on Tuesday.
The top after-market NYSE gainers on Tuesday are: Federal Agricultural Mortgage, ExamWorks Group, Capital Trust, Rosetta Stone and Hovnanian Enterprises. The top after-market NYSE losers are: Molycorp, Diana Shipping, Aircastle, AMB Property and F.N.B. Corp.
GM has announced that it will invest $2 billion in two years from now, creating or retaining 4,000 jobs.
Microsoft CEO Steve Ballmer and Skype CEO Tony Bates jointly announced on Tuesday that the two companies have entered into a deal under which Microsoft will acquire Skype for $8.5 billion. Apart from creating value and emerging as a strategically important player in the voice and chat connectivity segment of the exploding web business, Skype also won real big time suitors like Microsoft, Google and Facebook. Perhaps the rivals' attempt to outbid each other and own Skype resulted in the Estoni...
Skype's owners, led by private equity firm Silver Lake, will make more than three times their investment - a total capital gain of more than $5 billion - on sale of the company to Microsoft Corp, a source familiar with the deal said on Tuesday.
Microsoft today agreed to buy Skype, the world's most popular Web-calling service, in a move to narrow Google's lead in Web advertising.
The CEO of Japan's Softbank, Inc. invests over $60 million into Gilt Groupe, Inc.
General Motors (NYSE: GM) is planning to add or preserve about 4,200 jobs in eight states (including 2,000 in the Detroit area alone), according to a report in the Detroit Free Press newspaper.