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CVC buys Barclays' iShares for $4.4 billion

Private equity firm CVC Capital Partners is buying iShares asset management business from Barclays for 3 billion pounds ($4.4 billion) in a deal that will be 70 percent funded by the British bank.

ING to shed up to $10.6 billion of assets

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Dutch ING plans to sell operations worth up to 8 billion euros ($10.6 billion) to reduce risk, focus its bank on Europe, and manage its banking and insurance separately, boosting its shares on Thursday.

Wells Fargo may keep Evergreen Investments: report

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Wells Fargo said the asset management unit Evergreen Investments which it inherited when it bought Wachovia Corp was not for sale, even as it scales back Wachovia's investment banking operation, the NY Post reported citing sources.
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Goldman: Civil aerospace downturn may be more severe

The downturn in the civil aerospace sector is expected to be more severe than previously estimated mainly due to a decline in world air traffic and global gross domestic product, said Goldman Sachs, which downgraded Rolls Royce Group by a notch to sell.
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Stock futures add to gains on Wells Fargo view

Stock index futures pointed to a higher open on Thursday after Wells Fargo gave first quarter guidance and a New York Times report the U.S. banking industry seems to be in better shape than many people thought.
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Stock futures point to higher open after banks report

Stock index futures pointed to a higher open on Thursday after the New York Times reported the U.S. banking industry seems to be in better shape than many people think, citing officials involved in the federal stress tests.
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Dell shares rise as analyst sees stock nearly doubling

Dell rose nearly 4 percent on Wednesday after Craig-Hallum analyst Christian Schwab raised upgraded the stock from buy to neutral and raised his new price target for the computer maker to $19, nearly double the firm’s closing price of $9.83 yesterday.
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SEC offers short sale curbs, traders irked

U.S. securities regulators floated five new proposals to curb short selling, drawing fire from short sellers who feel they are being made scapegoats for the financial crisis and stock market plunge.
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SEC to seek comment on short sale curbs

U.S. securities regulators will seek public comment on five proposals to curb short selling, blamed by some lawmakers and executives for deepening the financial crisis and driving down share prices.
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SEC seeks comment on short sale curbs

U.S. securities regulators will seek public comment on five proposals to curb short selling, blamed by some lawmakers and executives for deepening the financial crisis and driving down share prices.
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SEC seeks comment on proposed short sale curbs

Proposals for curbing short selling, blamed by some U.S. lawmakers and executives for worsening the financial crisis and driving down share prices, will be issued for public comment.
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Treasury says some insurers qualify for TARP

The U.S. Treasury said on Wednesday some life insurers have met requirements for government capital investments under an existing rescue plan, clarifying that it is not launching a new bailout for the sector.
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Danger lurks behind banks' results

U.S. banks' first-quarter results will show that losses from credit cards and commercial and real estate loans have not yet peaked, and perhaps dash hopes that the worst of the banking crisis has passed.
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Danger lurks behind U.S. banks' results

U.S. banks' first-quarter results will show that losses from credit cards and commercial and real estate loans have not yet peaked, and perhaps dash hopes that the worst of the banking crisis has passed.
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Some insurers qualify for TARP funds: Treasury

The U.S. Treasury said on Wednesday some life insurers have met requirements for government capital investments under an existing rescue plan, clarifying that it is not launching a new bailout for the sector.
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SEC debates restricting short sellers

U.S. securities regulators were considering proposed curbs on short selling at a meeting on Wednesday, weighing steps that could restrict a type of investing blamed by some lawmakers and executives for worsening the financial crisis and driving down share prices.
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SEC weighs restricting short sellers

U.S. securities regulators were considering proposed curbs on short selling at a meeting on Wednesday, weighing steps that could restrict a type of investing blamed by some lawmakers and executives for worsening the financial crisis and driving down share prices.
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Wall Street futures fall as earnings season starts

Stock index futures pointed to a lower open on Wednesday Dow component Alcoa kicked off the earnings season with its second consecutive quarterly loss and reignited concern about the global economy.
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U.S. stock futures fall

Stock index futures pointed to a lower open on Wall Street on Wednesday, as mounting fears over corporate results knocked down stock markets around the world.
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U.S. SEC to consider restricting short sellers

U.S. securities regulators meet on Wednesday to consider restrictions on short selling, a type of investing blamed by some lawmakers and executives for exacerbating the financial crisis and driving down share prices.
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SEC to consider restricting short sellers

U.S. securities regulators meet on Wednesday to consider restrictions on short selling, a type of investing blamed by some lawmakers and executives for exacerbating the financial crisis and driving down share prices.

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