The Treasury is re-looking at plans to float the Asian unit of AIG in case a bid by Prudential to buy the AIA fails, two British newspapers reported on Sunday.
British insurer Prudential launched its long-awaited $21 billion cash call and a delayed offensive to woo wary shareholders to back its takeover of rival AIG's Asian unit.
Senior executives from NYSE Euronext, Nasdaq OMX Group Inc and CME Group Inc will testify to a congressional panel on Tuesday on last week's shock sell-off in the stock markets, according to a witness list obtained by Reuters.
U.S. stock index futures were lower on Tuesday, easing after the previous session's hefty gains and as concerns lingered about how Greece will get its budget deficit under control.
Stock exchange operator Nasdaq OMX Group Inc issued the names of hundreds of stocks for which it is canceling trades following Thursday's sudden stock market plunge.
CBS Corp , owner of the most-watched television network, reported its first quarterly revenue growth in more than a year, helped by a rebound in advertising.
April's jobs report and a slew of other economic indicators may bolster U.S. stocks this week, but jitters over Greece's debt and investigations into Goldman Sachs will test the market's resiliency.
April's jobs report and a slew of other economic indicators may bolster U.S. stocks this week, but jitters over Greece's debt and investigations into Goldman Sachs will test the market's resiliency.
Goldman Sachs may soon settle its fraud case with the U.S. regulator, the New York Post reported on Thursday, opting to end a legal fight rather than endure a repeat of the public flogging it received this week.
(Reuters) - Americans are steadily losing confidence in their ability to get healthcare and pay for it, despite the passage of healthcare reform legislation, according to a survey published on Wednesday.
Lower level Goldman Sachs executives tried to fend off accusations they inflated the housing bubble, sold clients shitty deals and made billions off the market's collapse, in a high stakes Senate hearing.
Stocks finished little changed on Wednesday as disappointing outlooks from healthcare companies offset strong earnings from Morgan Stanley and Apple Inc .
Wall Street fell on Monday as a fraud case against Goldman Sachs weighed on the market for a second day, overshadowing positive Citigroup earnings and upbeat economic data.
London City skyscraper Tower 42 is up for sale with a 300 million pounds ($461 million) pricetag as owners BlackRock and Hermes seek to profit from spiralling demand in the UK's stock-starved property market.
News Corp's New York Post and Wall Street Journal are offering discounted advertisement prices, the Financial Times wrote, citing people familiar with the plan.
The Dow and S&P ended flat on Friday, giving back earlier gains after the sinking of a South Korean naval ship, while tech shares' weakness kept the Nasdaq in slightly negative territory.
Best Buy Co beat Wall Street's view for profit and sales in its holiday quarter and forecast stronger-than-expected earnings in the current year, sending shares up 7.7 percent.
The moribund Manhattan office market regained a pulse in the first quarter, after a year that saw only eight properties sold for more than $30 million.
The 2010 New York City Saint Patrick's Day Parade kicks off Wednesday at 11:00 a.m. starting at 44th Street and Fifth Avenue.
Major U.S. stock indices erased earlier gains to trade negative for the day. Lower than expected consumer sentiment index, a technical resistance for the S&P 500, and declining shares of drug companies pushed the market down.
Major U.S. stock indices ended mixed even though American International Group continued raise cash by selling its units and France reiterated its support for Greece and the euro.
Telecom and technology sector stocks rose on Monday as major stock indices closed mixed.