European equities closed lower on Friday as investors looked ahead to Sunday, when a referendum that could affect Greece's future in the euro zone will take place.» Read More
A lot rests on the Revel, a 47 story property with a mirrored facade reflecting the sand, sea and sky right at its doorstep. New Jersey lawmakers are hoping the 20 acre resort casino will attract the new clients and added gambling revenue Atlantic City so desperately needs.
Cloud computing has been all the rage recently in IPOs, but tonight a different IPO prices: a stock exchange! BATS Global Markets (ticker: BATS) plans to sell 6.3 million shares in the $16 to $18 range.
Find out what’s going up, what’s going down and whether our traders would double down, fade or run in the other direction!
There may be dueling analysts split on whether Statoil is a ‘buy’ or ‘sell’, but “Mad Money” host Jim Cramer comes down firmly in the ‘buy’ camp.
The tales from the tapes came 20 years ago: Bankers Trust execs spoke of “R.O.F” -- “rip-off factor” -- the amount the bank could take from unsuspecting clients. What are the lessons?
The selling wave that hit the Treasury market this week reflects an improving view of the U.S. economy and could be start of a period of slightly higher interest rates.
The thousands of MF Global customers whose lives and businesses were derailed after $1.6 billion vanished in the collapse of the brokerage firm have now received offers to sell their claims and recoup nearly the entire shortfall, people involved in the negotiations said.
The current bull market, which turns three on Friday, enters its fourth year with still-skeptical investors asking the same question: Can it last? USA Today reports.
Cramer makes the call on viewers' favorite stocks.
Despite the lingering debt crisis and an incubating recession in many nations of the European Union, many global companies say they are maintaining or even increasing their investments in the euro zone and elsewhere on the Continent. The NYT reports.
The best way to get exposure to emerging markets may be to invest in the affiliates of multinational corporations that are listed on local exchanges, a new study suggests.
Wells Fargo plans to purchase European bank assets in order to increase the size of its wealth management and insurance divisions, CEO John Stumpf said.
As ten enforcement agencies throughout the globe have been investigating a possible Libor rates fixing scandal for up to eighteen months, what regulators were looking for "doesn't seem to be what they are now encountering in terms of potential abuse," Megan Murphy, investment banking correspondent for the Financial Times, told CNBC.
Computers and Bloomberg terminals dominate trading floors, but the human element remains a crucial feature of transacting across derivatives and other parts of the global financial system, the Financial Times reports.
Global hedge fund assets are off to a fairly good start this year, with a total of $2.01 trillion in assets under management, and a global median up 1.52 percent since January 1 — according to Deutsche Bank's Monthly Hedge Fund Trends Report February 2012.
Moody’s will likely downgrade some of the credit ratings of 17 global and 114 European financial institutions, but the downgrades likely will not result in a worse-case scenario, one analyst told CNBC.
UBS has suspended some of its most senior traders in connection with an international probe into the possible manipulation of interbank borrowing rates, in the latest controversy to hit the Swiss bank since the financial crisis, the Financial Times reports.
The natural-gas company shares are hard to love these days, but there are still angles to be played. Long-term investors point to optimism about the importance of U.S. natural gas supply in a global context, while short-term natural gas pricing weakness is also seen as a way to identify contrarian bets.
Won't Get Fooled Again: I was 15 when the iconic Who album came out in 1971, and bought it. So, apparently, did some of the euro zone ministers. The ministers are no longer being fooled.
Citigroup was forced to write off $50 million after two traders accused of attempting to influence global lending rates left the bank, according to people familiar with a worldwide investigation that is gathering pace, the Financial Times reports.