Henry Kravis, co-founder of private equity firm Kohlberg Kravis Roberts & Co , said on Tuesday the market for initial public offerings has improved in recent months and the firm would monetize assets in its portfolio as opportunities arise.
The United States is building criminal cases against more than 150 American clients of Swiss bank UBS as part of a crackdown on tax evasion now made easier by a deal over access to secret account information.
Metro-Goldwyn-Mayer Inc has replaced its chief executive, Harry Sloan, with a team that includes a turnaround expert and its production boss, Mary Parent, as the storied Hollywood studio grapples with reducing a high debt load.
Metro-Goldwyn-Mayer Inc has replaced its chief executive, Harry Sloan, with a team that includes a turnaround expert and its production boss, Mary Parent, as the storied Hollywood studio grapples with reducing a high debt load.
The United States is building criminal cases against more than 150 American clients of Swiss bank UBS as part of a crackdown on tax evasion now made easier by a deal over access to secret account information.
Rosetta Stone Inc shares lost more than a quarter of their value on Monday after the language training software maker cut its third-quarter earnings outlook and scrapped a proposed stock offering a week after announcing it.
HealthPort Inc, a healthcare information service provider, filed with regulators on Monday to raise up to $100 million in an initial public offering, becoming the latest company with private equity funding to apply to go public.
China Everbright Securities' 30 percent rise on its Shanghai debut, subdued by China standards, suggests investor demand may be cooling after previous soaraway debuts fuelled concerns over price bubbles.
Stock index futures rose on Tuesday, rebounding from a steep drop the previous session, ahead of data expected to show housing starts rose to their highest level in eight months.
Stock index futures rose on Tuesday, rebounding from a steep drop the previous session, ahead of data expected to show housing starts rose to their highest level in eight months.
Details of a landmark settlement of the U.S. tax case against Swiss bank UBS are expected this week, which should help the bank restore its image and open the way for the Swiss state to sell its UBS stake.
Eyeing a fresh wave of public offerings, Lazard Ltd has hired former Goldman Sachs Group Inc equity-markets banker Tom Tuft, the Wall Street Journal said on Tuesday.
World stocks and commodity prices recovered on Tuesday from the previous session's sell-off, which was prompted by concerns over the pace of global recovery, while the Japanese yen and safe-haven U.S. government bonds eased.
Global miner Rio Tinto agreed to sell its Alcan packaging unit for about $2 billion to Australia's Amcor Ltd , easing its debt burden after an ill-timed acquisition two years ago.
Asian stocks retreated on Tuesday, following Shanghai shares into the red and keeping nerves frayed about whether further profit taking will end the bull market that emerged from the financial crisis.
Market Wisdom or Hazard? Huge Credit Card Scam Caught; Justice for Broker Fraudster
One of the stock market's favorite accepted nuggets of wisdom is the notion that there's a pile of money waiting in the wings, itching to jump back into the market.
CITIC Securities Co, China's largest listed brokerage, posted a 19.77% drop in net profit in the first half of this year on a suspension of initial public offerings (IPOs) and a decrease in fund sales.
UBS will give U.S. authorities the names of about 5,000 wealthy Americans suspected of using the Swiss bank to evade taxes under a deal that will be formalized this week, a U.S. legal source said on Monday.
A former Credit Suisse Group AG broker was convicted by a federal jury of fraud for steering corporate clients into risky auction-rate securities, causing nearly $1 billion of losses.
The rate of U.S. credit card defaults showed signs of stabilizing last month, an indication that American consumers may not be in as bad shape as feared despite job losses and the housing slump.
Charles Schwab Corp was sued by New York Attorney General Andrew Cuomo, who accused the discount brokerage of fraudulently misleading investors about the safety of auction-rate securities.
