Asian shares rose on Friday but trading was quiet with many regional markets shut for the Easter holidays, except for Japan, China and South Korea.» Read More
Bank of America Corp. rose$. 25 or 1.6 percent, to $16.02. Citigroup Inc. rose $1.86 or 4.1 percent, to $47.54. Goldman Sachs rose $2.16 or 1.4 percent, to $154.88.
April 14- Citigroup Inc posted better-than-expected quarterly income as losses on troubled assets narrowed, but revenue declined in many of its major businesses and operating expenses remained stubbornly high. The biggest boon to Citigroup's first-quarter results came from Citi Holdings, the unit that houses the assets it's looking to shed.
Bank of America Corp. rose$. 21 or 1.3 percent, to $15.98. Citigroup Inc. rose $1.58 or 3.5 percent, to $47.26. Goldman Sachs rose $1.67 or 1.1 percent, to $154.39.
April 14- Insurer Endurance Specialty Holdings Ltd said it offered to acquire Aspen Insurance Holdings Ltd for about $3.2 billion in cash and stock. Endurance's offer of $47.50 per share represents a premium of about 21 percent to Aspen's Friday close on the New York Stock Exchange.
April 14- China- focused hospital operator Chindex International Inc received a buyout offer of $23 per share, higher than the $19.50 offered by Shanghai Fosun Pharmaceutical Group and private equity firm TPG in February. Chindex, which runs the United Family Healthcare hospitals in China, did not name the new bidder.
The sharp stock market decline last week doesn't look like it will continue this week, Jonathan Golub, chief U.S. market strategist at RBC Capital, told CNBC on Monday.
April 14- Citigroup Inc's quarterly net profit rose 4 percent as a smaller loss on its troubled assets made up for a drop in revenue and profit from its core trading and lending businesses. Citigroup shares rose 3.8 pct to $47.43 in trading before the bell, clawing back some of the 9 percent loss since the Federal Reserve rejected its capital plans on March 26.
Like thunderstorms cooling an overheated landscape, more selling could rumble through the stock market in the coming week.
When Goldman Sachs filed its proxy earlier this month, it was free of a proposal that has become increasingly popular among governance activists.
LONDON, April 14- Emerging stocks pulled back from last week's 4-1/ 2 month highs on Monday, weighed down by renewed tensions over Ukraine, with Russian equities, bonds and currency taking the biggest hit.
NEW YORK, April 14- When Goldman Sachs Group Inc filed its shareholder proxy earlier this month, it was free of a proposal that has become increasingly popular among corporate governance activists: a demand for more disclosure about lobbying.
Bank of America Corp. fell$. 35 or 2.2 percent, to $15.77. Citigroup Inc. fell$. 55 or 1.2 percent, to $45.68. Goldman Sachs fell $3.26 or 2.1 percent, to $152.72.
April 11- Vornado Realty Trust, the owner of office buildings and retail properties chiefly in New York and Washington, said it would spin off its shopping center business into a publicly traded real estate investment trust. The company also named Jeffrey Olson, currently chief executive of Equity One Inc, as CEO of the to be separated business.
Bank of America Corp. fell$. 14 or. 9 percent, to $15.98. Citigroup Inc. fell$. 34 or. 7 percent, to $45.89. Goldman Sachs fell $2.52 or 1.6 percent, to $153.46.
April 11- JPMorgan Chase& Co posted far weaker-than-expected quarterly profit as uncertainty about the U.S economy weighed on investor trading volumes and consumer borrowing. JPMorgan's bond trading revenue plunged 21 percent, and mortgage lending revenue fell 84 percent from the same quarter last year.
LONDON, April 11- Greek bond yields rose on Friday as investors booked profits on the rally that preceded Greece's return to debt markets, with even its sought-after new five-year bond succumbing to selling pressure. "The euphoria is fading after yesterday's deal," said Owen Callan, a senior analyst at Danske Bank.
TOKYO, April 11- A group of investors have offered to take over the assets of Mt. The offer, filed with the Tokyo District Court last month, marks the first time that anyone has submitted a proposal to sponsor the rehabilitation of Mt.
LONDON, April 11- Greek bond yields rose on Friday as investors booked profits on the rally that preceded Greece's return to debt markets, although its new five-year bond held up relatively well in early trading.
April 10- Phibro Animal Health Corp's initial public offering was priced at $15 per share, an underwriter said, below its expected price range of $16- $18 per share. Backed by UK private equity firm 3 i Group Plc, Teaneck, New Jersey- based Phibro is selling 7.352 million shares in the offering.
April 10- Shares of auto-lender Ally Financial Inc fell as much as 4.1 percent in their market debut on Thursday, taking the shine off the biggest U.S. initial public offering so far this year as investor appetite for big stock offerings shows signs of waning.