MADRID— Spanish renewable energy and engineering giant Abengoa says it has begun bankruptcy protection proceedings in a bid to avoid what could be one of the country's largest insolvencies. Abengoa told Spain's market regulator in a statement Wednesday that it will be seeking preliminary protection from creditors with the aim of reaching a deal on its...» Read More
Stifel Financial's purchase of Sterne Agee is about becoming more relevant to clients, CEO Ron Kruszewski tells CNBC.
Metals and mining companies Grupo FerroAtlantica and Globe Specialty Metals have entered an agreement to combine their businesses.
An Indonesian telecom found a way to restructure its debt over creditor objections: it loaned itself money and counted its own votes toward approval.
M&A experts forecast there will be more major pharma deals in 2015 — but the U.K. won’t be a focus and the deals won’t be done for tax reasons.
BT said it would raise $1.5 billion through a placing of new shares to fund its 12.5 billion pounds ($19 billion) acquisition of EE.
The drugmaker has engaged in $100 billion of M&A in the last year, but CEO Brent Saunders told CNBC it is committed to innovation.
Valuations for energy companies may not have fallen far enough to spark dealmaking, two analysts tell CNBC.
HOUSTON— Oil services company Baker Hughes Inc. will lay off about 7,000 workers as it prepares for a downturn in orders because of the plunge in crude prices, the company said Tuesday. The layoffs represent about an 11 percent cut to the 62,000- plus workers Baker Hughes says it employs worldwide. Oil services rival Halliburton had announced in November it...
The operating unit of Caesars Entertainment Corp, the largest U.S. casino company, filed for Chapter 11 bankruptcy on Thursday.
The banking industry could look different soon due to the high cost of being a big bank, Lazard's Gary Parr tells CNBC.
Healthcare M&A looks set to be strong again this year, following deals from Shire and Roche. But Goldman Sachs says energy's a sector to watch too.
A bankruptcy court has allowed defunct video streaming company Aereo Inc to auction its TV streaming technology assets, court papers show.
The owner of London's Canary Wharf on Friday rebuffed a raised $4.1 billion bid from Qatar and a North American investor.
Sears reported a quarterly net loss of $548 million, and the retailer said it had nearly doubled its planned store closures to cut costs.
Did President attempt to change his tone on business at the Business Roundtable meeting Wednesday? CNBC's Jeff Cox, Steve Liesman and Ron Insana of Marketfy.com, share their opinions.
CNBC's John Harwood provides insight to President Obama's remarks on the global economy to CEOs at the Business Roundtable meeting.
CNBC's John Harwood shares some of the highlights of the Business Roundtable meeting with leading U.S. CEOs, including President Obama's remarks on tax reform, regulation and immigration reform.
The evergreen rumor that Shell could be looking to buy BP returned to the market Tuesday -- and sent share prices of both companies higher.
Pay-TV channel Starz is seeking as much as $5 billion in a potential sale, the New York Post reports.