A wealth inequality effect is underway at elite law firms, an industry that's hardly poor but is seeing a gap between the haves and have mores.» Read More
Freeport-McMoran bought Plains Exploration and McMoran Exploration -- a company in which it already owns a partial stake -- in two deals worth a combined $9 billion.
The FMHR traders debate whether Toll Brothers is a buy after the company missed its earnings estimates and the stock tumbled on the news.
The "Squawk on the Street" team report office supply retailers, OfficeMax and Office Depot announced an all-stock merger of equals, but neither company's current CEO has been named to lead the newly formed company.
ConAgra Foods announced on Tuesday it will acquire Ralcorp Holdings for about $5 billion to boost its presence in the private-label food market.
Aston Martin, purveyors of fast cars to a fictional British spy and to real-life billionaires, could be partly owned by India's Mahindra and Mahindra by the end of the week if the Mumbai tractor moguls have their way.
The chief executive of wireless hotspot provider ICOA said his company has never had acquisition talks with Google and is contacting authorities about a "hoax" press release on Monday that said Google acquired his company for $400 million.
Four months after a massive trading-technology glitch that cost it nearly half a billion dollars, Knight Capital Group is on the block, say people involved with the discussions, and could be merged in to one of its chief competitors.
In 2010, the billionaire hedge fund manager Steven A. Cohen gave a rare interview to Vanity Fair. He said that he wanted to combat persistent rumors that his firm, SAC Capital Advisors, routinely violated securities laws by trading on confidential information, the New York Times reports.
Hewlett-Packard shares took a beating after a dismal earnings report was blamed on a shocking $8.8 billion write-down. The question now is whether the company can get out its rut of poor decision making.
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.