While traders slog through yet another earnings season, former trader Raj Mahal muses about what he DOESN'T miss about life on the Street.» Read More
Bank of America has accused a Dutch court of unlawful action by blocking its $21 billion purchase of ABN Amro's U.S. unit LaSalle Bank in an appeal filing, the Financial Times reported on Friday.
Royal Bank of Scotland said on Tuesday it was not in talks with Bank of America regarding an attempt to resolve the purchase of LaSalle Bank, the U.S. arm of ABN Amro that is the subject of a dispute.
ABN Amro urged a Royal Bank of Scotland-led consortium and Bank of America to settle their dispute over the acquisition of ABN's U.S. unit, LaSalle, as the subsidiary's future remains a sticking point in the takeover battle for the Dutch bank, the Financial Times reported Friday.
Before the bell this morning, the ever-popular Dendreon put out a press release ahead of its presentation later today at the Bank of America Healthcare Conference in Las Vegas. You can listen to the presentation via Webcast at 1 p.m. ET. The company says that the Food and Drug Administration has confirmed that it will "accept either a positive interim or final analysis of survival" from the ongoing, larger clinical trial on Dendreon's highly controversial prostate cancer treatment Provenge.
ABN Amro's supervisory board is getting more involved in the Dutch bank's takeover battle after a consortium led by Royal Bank of Scotland launched a bid, ABN said on Wednesday.
The CEO of Royal Bank of Scotland told CNBC that the bank's $95.7 billion bid for Dutch Bank ABN Amro is more attractive than Barclays' rival bid because it offers a higher premium and will result in fewer lost jobs with more market synergies.
A consortium led by Royal Bank of Scotland launched a 71.1 billion euro ($95.7 billion) bid for Dutch group ABN AMRO, trumping Britain's Barclays in a battle for the world's biggest bank takeover.
Archstone-Smith Trust, a real estate investment trust, signed a definitive agreement to be acquired by Tishman Speyer and Lehman Brothers in a deal worth about $22.2 billion including debt, Archstone said.
Stocks closed moderately higher, with the Dow rising in late trading, as investors found encouragement in continued M&A news. "The private equity game, in my view, is in the early innings and corporate credit spreads are telling you that," said Jason Trennert, chief investment strategist at Strategas Research Partners.
A consortium of banks led by Royal Bank of Scotland will decide by May 29 whether it will make an official bid for the Netherlands' ABN Amro, it said in a statement Friday.
Shares of Barclays fell Thursday, as uncertainty about the outcome of its deal to acquire Dutch rival ABN Amro overshadowed an upbeat trading statement.
Everyone wants to give lip service to diversification, but when it comes down to it, they still just focus on the flavor of the month. Not on Cramer’s watch.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
British bank Barclays said on Monday it was not discussing selling any major assets in ABN Amro as part of its takeover proposal, after a newspaper said it may sell ABN's Brazilian business.
Royal Bank of Scotland is in talks with Bank of America over a deal on LaSalle, the U.S. unit of ABN Amro at the heart of the battle for control of the Dutch bank, the Wall Street Journal reported.
The embattled chief executive of Dutch bank ABN Amro Rijkman Groenink told Dutch RTL television Wednesday he would not succumb to pressure to resign.
Countrywide Financial, the largest U.S. mortgage lender, plans to add 2,000 sales jobs this year as a housing slowdown batters weaker rivals, Chief Executive Angelo Mozilo said on Monday.
A Royal Bank of Scotland-led consortium said it had secured financing for its proposed takeover of Dutch bank ABN Amro and said its plan had lower risk and not significantly more job cuts than a rival offer.
Joseph Keating, chief investment officer at First American Asset Management, told CNBC’s “Squawk on the Street” that dividend stocks are a good bet in retirement.
Ionatron, Diageo, Starbucks, Bank of America and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Barclays President Robert Diamond told CNBC's "Squawk Box" his company has no plans to add a cash component to its $88 billion takeover offer for Dutch bank ABN Amro.