CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories. Christmas is this week and retailers are hoping for a big Super Saturday.» Read More
Mike Lynch, the founder of Autonomy who is engaged in a war of words with Hewlett-Packard Chief Executive Meg Whitman over allegations of fraud, is firmly at the heart of the British establishment and was once dubbed the “British Bill Gates” by the media.
While many investors were caught off-guard Tuesday morning by the giant, fraud-ridden write-down by Hewlett-Packard of the value of Autonomy, hedge fund manager Jim Chanos wasn’t one of them.
U.S. stock index futures indicated a slightly lower open on Wall Street on Friday, following declines in Europe on worries about the U.S. “fiscal cliff” and Greece’s prospects of securing further aid.
The deal only makes sense if you think of it the other way—Jefferies taking over Leucadia. Which, actually, is what’s happening, even if technically the deal is structured the other way.
Leucadia National, a holding company with investments in a broad array of businesses, is buying the investment banking firm Jefferies Group in an all stock transaction worth roughly $3.7 billion, according to people familiar with the transaction.
NYSE Euronext reported higher-than-expected third-quarter earnings on Tuesday but revenue missed expectations as global trading activity remained weak.
It isn't a big-game elephant, but Warren Buffett has captured a smaller "party" prize. Buffett's Berkshire Hathaway announced today it has acquired privately-held Oriental Trading, based in Buffett's home town of Omaha, Nebraska.
Advance Auto Parts, an aftermarket retailer of automotive parts with over 3700 stores and a $5.2 billion market value, has hired Blackstone to explore a sale of the company, according to people familiar with the situation.
The surprise acquisition of Lucasfilm by Disney Tuesday will certainly shake up the film world, but the deal also looks set to have substantial ripple effects in other parts of the entertainment industry.
An entrepreneur by the name of George Lucas just cashed out of the company he founded and built: Lucasfilm. Unlike many entrepreneurs who build companies these days, George Lucas didn't raise any VC money.
Walt Disney said it has agreed to acquire Lucasfilm, the film company founded by Star Wars creator George Lucas, in a cash-and-stock deal worth $4.05 billion.
Target said on Tuesday that it plans to sell its credit card portfolio to TD Bank Group, finding a buyer nearly two years after the retailer first said it wanted to sell the business.
A group of BAE Systems shareholders has demanded the resignation of chairman Dick Olver, saying sweeping changes are needed at the UK defense group following the collapse of the EADS merger two weeks ago. The FT reports.
Ally Financial and Royal Bank of Canada are closing in on a deal that would value Ally Canada at more than $4 billion, according to people familiar with the matter.
A variety of economic factors could finally push a certain currency pair through a key level, this strategist says.
Got a yen for the Japanese currency? Be careful, this strategist says.
Wonder what is keeping the British pound so strong? It's the British, stupid.
Multinational food and beverage companies have jumped into the fast-growing organic foods markets through strategic acquisition.
BAE Systems’ largest shareholder will on Monday signal its “significant reservations” about the U.K. defense group’s proposed tie-up with EADS, the FT reports.
Alistair Darling has made a forceful intervention in the plans by EADS to combine with BAE Systems, saying British interests were bound to suffer because the UK government would have no equity stake in the enlarged group. The FT reports.
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