The Japanese government has selected Nomura Securities and JP Morgan among the 11 underwriters for a planned IPO of state-owned Japan Post.» Read More
TOKYO, Oct 1- The Japanese government has selected Nomura Securities and JP Morgan among the 11 underwriters for a planned initial public offering of state-owned Japan Post, the finance ministry said on Wednesday. Merrill Lynch and Barclays, which had been shortlisted for the IPO, were not included among those selected.
Sept 30- Residential solar panel installer Vivint Solar Inc priced its initial public offering at $16 per share, valuing the Blackstone Group LP- backed company at $1.68 billion.
Bank of America Corp. rose$. 04 or. 2 percent, to $17.05. Citigroup Inc. fell$. 23 or. 4 percent, to $51.82. Goldman Sachs fell$. 26 or. 1 percent, to $183.57.
Sept 30- Johnson& Johnson agreed to pay $1.75 billion in cash to buy privately held Alios BioPharma Inc, which is developing a drug for a common respiratory viral infection in children for which there is no approved treatment.
Bank of America Corp. rose$. 03 or. 1 percent, to $17.04. Citigroup Inc. fell$. 16 or. 3 percent, to $51.89. Wells Fargo rose$. 20 or. 4 percent, to $51.89.
The AIG bailout trial may help cleanse a lot of lingering resentment, says NYSE floor trader Kenny Polcari.
PARIS, Sept 30- Lingerie provider Agent Provocateur is seeing brisk business in Russia, Hong Kong and China, contrary to many other luxury brands, and is rolling out a second line co-designed by actress Penelope Cruz and her sister Monica, its head said.
Bank of America Corp. fell$. 01 or. 1 percent, to $17.00. Citigroup Inc. fell$. 20 or. 4 percent, to $51.85. Goldman Sachs fell$. 78 or. 4 percent, to $183.05.
At the recent UN climate change confab, most leaders were like "deer in headlights," says Terry Tamminen. It's time for action.
Sept 30- Following are the results of a monthly Reuters poll of 15 economists on Russia's economic and foreign exchange outlook. For a story on poll click on.
Sept 30- Rupert Murdoch's News Corp said it would buy Move Inc, the owner of property websites such as realtor.com, for about $950 million to expand its digital marketing business. Australian real estate website REA Group Ltd, which is 61.6 percent owned by News Corp, will take a 20 percent stake in Move for about $200 million, News Corp said.
For the first time, Fed officials have offered an account that differs significantly from the versions that, for many, have hardened into history.
*Alibaba leads way with record share listing. LONDON/ HONG KONG, Sept 30- Global equity capital markets returned with a vengeance in 2014 as bankers, investors and companies led a charge that culminated spectacularly in Alibaba, the biggest share listing ever.
*Newmont says exports 30,000 T from Indonesia on Monday. JAKARTA/ SYDNEY, Sept 30- Newmont Mining Corp sent out its first copper concentrate shipment from Indonesia this week that ended a nine-month hiatus, highlighting a ramp up in copper mine supply that is expected to tip the market into surplus this year.
Expectations of Fed tightening may spur fears of a rerun of emerging market turmoil, but Societe Generale tips a strong dollar as a bigger risk.
Bank of America Corp. fell$. 02 or. 1 percent, to $17.01. Citigroup Inc. fell$. 44 or. 8 percent, to $52.05. Goldman Sachs fell $1.29 or. 7 percent, to $183.83.
Bank of America Corp. fell$. 05 or. 3 percent, to $16.99. Citigroup Inc. fell$. 39 or. 7 percent, to $52.10. Goldman Sachs fell $1.55 or. 8 percent, to $183.57.
WASHINGTON, Sept 29- The U.S. Supreme Court on Monday had a change of heart and dismissed a case it had previously agreed to hear on whether class action claims against underwriters of securities issued by a unit of the now-defunct IndyMac Bancorp Inc should be able to proceed.
Preet Bharara should be the next attorney general. Here's why, says University of New Mexico professor Dawinder Sidhu.
Bank of America Corp. fell$. 06 or. 4 percent, to $16.97. Citigroup Inc. fell$. 75 or 1.4 percent, to $51.74. US Bank fell$. 12 or. 3 percent, to $41.75.