There are several big banks that might like to have Citi’s (C) consumer bank network in the US and abroad. HSBC (HBC) comes to mind. So do BNP Paribus and UBS. The investment banking busines...
A majority ownership interest in Joe & the Juice was sold to private equity company General Atlantic.
Investor George Soros laid it on the line in a speech today in Berlin:The policy of fiscal retrenchment in the midst of rising unemployment is pro-cyclical and pushing Europe into a deeper and longer...
John Tamny, Real Clear Markets During the darkest days of the war in Iraq, former British Prime Minister Tony Blair was asked whether the United States’ best days were behind it. Instead of...
It appears that Avaya (AV), the enterprise telecom equipment maker, is about to be sold to Nortel (NT) or private equity firm Silver Lake. The stock trades at about $16 and it looks like  the...
Reuters says that the German media Handelsblatt and Frankfurter Allgemeine Zeitung are reporting that DaimlerChrysler (DCX) is seriously considering spinning off its troubled Chrysler unit. The...
The art world is full of stories of now famed artists who died destitute or, if they were fortunate, were able to eke out a living by selling their paintings or sculptures for what would today be...
Sonos entered the markets quietly on Thursday, but shares have quickly climbed since the open in one of the most anticipated IPOs of 2018.
While most of the car industry struggles in Europe and companies report severe earnings problems there, German-based BMW showed that, as the rich get richer, it can overcome deep problems in it home...
Source: ThinkstockThe education division of The McGraw-Hill Companies Inc. (NYSE: MHP) has been sold to subsidiaries of Apollo Global Management LLC (NYSE: APO) for $2.5 billion the company announced...
Warren Buffett is often regarded as the greatest investor of modern times. Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A) has become one of the largest conglomerates and holding companies in the...
Solarfun Power Holdings Co. Ltd. (NASDAQ: SOLF), a photovoltaic cell and PV module maker in China, is trading higher after the company gave guidance.  The outlook for the third quarter of 2009 is...