INVESTMENT

Private equity firm Blackstone Group (BX.N) is aiming to control the restructuring of hotel owner Highland Hospitality Corp, a source familiar with the matter said on Tuesday, confirming a report in the Wall Street Journal.

The S&P 500 and the Nasdaq rose on Tuesday as better-than-expected factory orders and a surge in vehicle sales at Ford Motor Co provided more evidence of an economic recovery.

A day after the Tokyo Stock Exchange launched its new high-speed trading system, meant to capture the new need-for-speed in financial markets, U.S. exchanges were quick to tout how swift their systems are.

A casual comment by Doug Casey triggered my thoughts on how to get triple duty out of an atypical investment. My priorities are a little different because mothers focus on making money and being certain our families are taken care of, particularly when it comes to trifles like putting food on the table literally.

The S&P 500 and the Nasdaq rose on Tuesday as better-than-expected factory orders and a surge in vehicle sales at Ford Motor Co provided more evidence of an economic recovery.

2009 is finally behind us, and the New Year's in full force - as evidenced by the solid rally that stocks are starting today. Here at the Penny Sleuth, we closed the year out strong with another shot at double-digit gains in just three trading days last week.

Kraft sweetened its $16.8 billion offer for Britain's Cadbury and a potential rival stood aside, but just hours later the U.S. food firm's influential top shareholder threatened to vote against the deal.

Kraft sweetened its $16.8 billion offer for Britain's Cadbury and a potential rival stood aside, but just hours later the U.S. food firm's influential top shareholder threatened to vote against the deal.

There is appetite for initial public offerings in Canada, but activity remained slow as 2009 drew to a close, a survey by PricewaterhouseCoopers showed on Tuesday.

AgBank, China's No. 3 lender by assets, is likely to make its multibillion dollar IPO only in the second half of 2010 or even later, as it tries to sort out its bad loans and waits out an expected round of capital raising by other Chinese lenders, sources said on Tuesday.

Dealmakers in China may well find a lot of the action this year in an unlikely place.

Stock index futures pointed to a flat open on Tuesday as investors awaited key economic data for new signs of recovery one day after the Dow and the S&P rallied to their highest closes in more than 15 months.

The recovery in financial markets last year helped bring significant improvement to the financial health of U.S. pension funds, potentially adding $180 billion to companies' balance sheets, a survey showed on Tuesday.

Stock index futures were flat on Tuesday as investors awaited key economic data for fresh signs of an economic recovery a day after the Dow and the S&P rallied to their highest closes in more than 15 months.

Stock index futures were flat on Tuesday as investors awaited key economic data for fresh signs of an economic recovery a day after the Dow and the S&P rallied to their highest closes in more than 15 months.

Sumitomo Mitsui Financial Group , Japan's third-largest bank by assets, plans to raise up to $8.7 billion by issuing new shares to meet stricter capital requirements and for potential acquisitions in Asia, people with knowledge of the matter said.

Growing confidence about the global economy lifted Asian stocks to a fresh 17-month high on Tuesday as investors continued to be drawn to riskier assets, while the dollar stabilized after a weak start to the year.

Bank of America Corp's defense against civil charges it misled investors during its takeover of Merrill Lynch & Co suffered a setback on Monday when a judge ruled that the bank may not present as trial evidence media reports that it told shareholders to ignore.

Stocks climbed broadly on Monday after a report showed the manufacturing sector expanded for a fifth straight month, lifting confidence in the global economy as investors eye fourth quarter earnings.

Credit Suisse Group AG has been sued by property owners in four luxury ski and golf resorts, saying the Swiss bank concocted a loan scheme to defraud them and ultimately take over the properties.

A U.S. judge on Monday upheld the prison sentence of a key informant in the tax fraud case against Swiss bank UBS AG and ordered him to start serving his 40-month term as scheduled this Friday.