INVESTMENT

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Funds Flirt With Scandal-Tainted Stocks

Some of America's most prominent investment firms loaded up on shares in dozens of public companies even as the U.S. government stepped up probes into those companies use of option grants.
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Hogg Robinson sets IPO range

Business travel company Hogg Robinson set a wide indicative price range on Tuesday for its planned return to the London stock market
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FTSE pares 2-day losses

The FTSE 100 index rose on Friday, recovering from a sharp sell off over the past two sessions, as crude oil prices fell and Asian markets gained.
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PartyGaming's H1 profit up 47 pct

Online gaming group PartyGaming reported a 47 percent increase in its first half core profit on Thursday and said it was confident for the full year.
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SunGard tops list of bidders for Misys: sources

U.S. software firms SunGard Data Systems and Fiserv Inc top the list of suitors expected to submit bids for UK software company Misys by a deadline set for later this week, sources close to the matter said on Monday.
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Unloved bonds make investor comeback - for now

Signs that the world economy is at a turning point are being reflected by tentative evidence that bonds are moving back into favor after years as an unloved alternative to booming equities.
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The Return of Frank Quattrone

He was a high-flying investment banker capitalizing on the late 90s technology bubble, setting up deals to launch billion dollar IPOs. Now, after three years of court battles against the government involving charges that he obstructed an investigation, Frank Quattrone is free to pursue his business once again.
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Door Opens For Return to Wall Street for Quattrone

A U.S. federal court judge on Tuesday approved a settlement that would let former star technology investment banker Frank Quattrone avoid a third trial for obstructing justice, opening the door for him to resume his career on Wall Street.
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Chain store sales mixed last week

U.S. chain store sales were mixed last week, as solid demand for back-to-school items were offset by cooler weather and the end of sales tax holidays, two reports showed on Tuesday.
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Options Backdating Hits McAfee

McAfee Inc, the security software provider, said on Wednesday that reviewers discovered problems in the dating of some of its option grants leading to a possible restatement in financial data.
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PAETEC Acquire US LEC

PAETEC, a privately-held supplier of communication solutions firm announced that it would acquire US LEC Corp., a telecommunication company.
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Tokyo Ranks First in Purchasing Power Survey

Tokyo residents have the highest purchasing power in the world, overriding residents in Los Angeles, London, New York and Sydney, according to a new survey released on Wednesday by Swiss banking giant UBS.
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Chinese labor policies mar African welcome

When Chinese investors bought struggling copper producer Chambishi Mining Plc, miners in this Zambian town gave them a heroes' welcome for averting its closure and for creating more jobs.
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Stock Futures Lifted by Cisco Outlook

Cisco Systems' buoyant sales outlook helped pull U.S. stock market futures higher on Wednesday, offsetting the last session's downturn after the Federal Reserve signaled a pause rather than end to interest-rate hikes and after another warning in the home building sector.
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Junk bonds could be bruised by economy, LBOs

The good times in the $850 billion U.S. junk bond market may be at risk of winding down as the economy slows, leveraged buyouts get bigger and an increasing amount of bond supply looms.
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Aramark Agrees To Management Buyout

Aramark, a food service provider, on Tuesday accepted a management buyout from Joseph Neubauer, its chairman and CEO, in conjunction with a private equity consortium.
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Forbes Sells Minority Stake

Forbes Media LLC announced on Thusday that it had sold a minority stake in the company to a private equity group.

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