A mortgage servicing company's claims that would push responsibility for faulty mortgage loans onto Wall Street titan Morgan Stanley were dismissed by a Delaware court, according to a court filing.
Douglas Clayton, chief executive officer of private equity fund manager Leopard Capital, has launched his second fund focused on Cambodia.
ETF Securities said ETFS Physical Swiss Gold Shares had a record day's trading volume on August 11 of 1.74 million shares, or $208 million. This represents the greatest one-day volume since its first US trading day on September 9, 2009.
General Motors Co has added Bank of America Merrill Lynch and Citigroup Inc to the slate of its lead underwriters for its initial public offering
Bankrupt U.S. auto parts supplier Visteon Corp is in talks with at least three bank groups on exit financing worth about $700 million
Barnes & Noble Inc is in talks to end a battle with one of its top investors, a source with knowledge of the discussions said, as the bookseller tries to attract buyers for its business.
Asian stocks slid to a near three-week low on Thursday on growing doubts about global economic growth that also helped the dollar cling to its gains after it scored its biggest rise in nearly two years.
Buyout firm Kohlberg Kravis Roberts & Co said on Tuesday it expects to start fundraising for its next private equity fund sometime in the next few quarters.
Private equity firm Kohlberg Kravis Roberts & Co said on Monday it has canceled plans to sell $500 million of new common units, less than one month after it listed on the New York Stock Exchange.
Hedge fund investor William Ackman has bought a slice of debt on Stuyvesant Town Peter/Cooper Village and could become the next owner of the sprawling Manhattan apartment complexes.
Ford Motor is planning to win back its investment grade credit rating that it lost in 2005, the Wall Street Journal said, citing people familiar with the situation.
Metal producers should steer clear of using forward prices to assess potential profitability of new projects or for budgeting purposes as this could lead to misleading conclusions.
Instead they could look at long-term price forecasts or use consultants. However, there are times when a producer without in-house research or unable to pay consultants, has little choice. In this case results should carry a health warning.
Gold held steady on Thursday after drop in prices from a 2-week high spurred light buying from jewelers in Asia, but firm stock markets were likely to weigh while holdings on the ETF fell slightly.
Investors await the release of more data from the United States, particularly the payrolls report, which will offer clues on the health of the economy. Friday's government report on jobs may show a drop of 65,000 in July as census jobs dried up.
Gold held steady on bargain hunting on Thursday after prices slipped below $1,200 an ounce but firm stock markets were likely to weigh, and holdings on the ETF fell slightly.
Investors await the release of more data from the United States, particularly the payrolls report, which will offer clues on the health of the economy. Friday's government report on jobs may show a drop of 65,000 in July as census jobs dried up.
Investment bank Houlihan Lokey had declined to endorse Sam Zell's $8.2 billion leveraged buyout of Tribune Co, citing the deal would saddle the media conglomerate with too much debt, the Wall Street Journal said, citing people familiar with the matter.
Loews Corp posted a better-than-expected 8 percent rise in quarterly net profit, as the hotels and energy conglomerate recorded a gain on investments compared to significant investment losses a year earlier.
Gold prices slipped below $1,180 an ounce in Europe on Monday knocked by a dearth of haven buying as confidence in the financial markets improved, though some emergent physical demand limited losses.
Spot gold was bid at $1,177.65 an ounce at 6:21 a.m. ET, against $1,181.50 late in New York on Friday. U.S. gold futures for August delivery fell $4.00 to $1,179.90.
U.S. stocks are unlikely to break above a key technical level this week unless monthly jobs data and consumer company results paint a more promising picture of the recovery.
U.S. stocks are unlikely to break above a key technical level this week unless monthly jobs data and consumer company results paint a more promising picture of the recovery.
Investors in India are waking up to the power of gold. In a recent survey, it has come out that Asian investors are more likely to buy gold in the next six months than their North American and European counterparts.
U.S. stocks are unlikely to break above a key technical level next week unless monthly jobs data and consumer company results paint a more promising picture of the recovery.
Once again Europe has come to the rescue of gold, which has been witnessing a steady slide during the past few weeks. With Italy and Greece plunging into crisis again, the uncertainty looming over Europe has added to the fear among investors and gold prices are set to cash in on this panic with more demand from safe haven buying.