U.S. crude settled down 5 percent on Friday as fears about the disruption of crude shipments from Yemen's conflict eased.» Read More
Citigroup Inc. fell$. 08 or. 2 percent, to $51.86. Goldman Sachs fell $1.18 or. 6 percent, to $190.10. JPMorgan Chase fell$. 03 or percent, to $60.43.
But Ukraine, as the country's finance minister points out, lacks the wealthy, albeit grudging euro zone backers that Athens has, and its $40 billion bailout is modest compared with the 240 billion euro Greek rescue. Creditors are preparing for battle, not least Russia, which is locked in conflict with Ukraine and holds $3 billion worth of the bonds.
WASHINGTON— GOP presidential candidate Ted Cruz could soon be buying his family's health care coverage through the Affordable Care Act he has vowed to dismantle. Cruz, whose Senate filibuster against the law he derides as "Obamacare" led to a partial government shutdown in 2013, is looking for health insurance because his wife, Heidi Cruz, took an unpaid leave...
Bank of America Corp. fell$. 11 or. 7 percent, to $15.61. Goldman Sachs fell$. 68 or. 4 percent, to $191.28. JPMorgan Chase fell$. 68 or 1.1 percent, to $60.46.
When little-known Chinese taxi-hailing app Didi Dache needed $15 million to grow its business, China Renaissance helped raise the funds from Tencent.
Ted Cruz could soon be buying his family's health care coverage through the Affordable Care Act, a law the Republican presidential candidate has vowed to repeal should he win the White House. Cruz formally launched his presidential campaign on Monday, and his wife, Heidi Cruz, began an unpaid leave of absence from her job as a managing director in the Houston...
In 1985, an MBA was a ticket to to a career in finance or management. Is that still true? Wall Street recruiter Noah Schwarz weighs in.
March 24- Lexmark International Inc, known for its printers, said it would buy Kofax Ltd for about $1 billion to double the size of its enterprise software business. Lexmark's $11 per share cash offer represents a 46.7 percent premium to Kofax stock's Tuesday close of $7.50 on the Nasdaq. Goldman Sachs and Co is the financial adviser to Lexmark for the Kofax deal.
HONG KONG, March 25- When little-known Chinese taxi-hailing app Didi Dache needed $15 million to grow its business two years ago, a local upstart investment bank stepped in to help it raise the funds from social networking giant Tencent Holdings Ltd.. Didi tapped Bao to put together the deal, sidestepping Wall Street heavyweights like Goldman Sachs and Morgan...
Bank of America Corp. fell$. 06 or. 3 percent, to $15.67. Citigroup Inc. fell$. 28 or. 5 percent, to $52.20. JPMorgan Chase fell$. 28 or. 5 percent, to $60.86.
*Google shares up 2.5 pct. March 24- Google Inc said it hired Ruth Porat, chief financial officer at Morgan Stanley, as its own finance chief, a move signaling that the search engine company may be looking to bear down on fast growing expenses. Porat has helped execute a sweeping cost-cutting strategy across several business lines at Morgan Stanley.
Bank of America Corp. fell$. 01 or. 1 percent, to $15.71. Citigroup Inc. fell$. 26 or. 5 percent, to $52.22. Morgan Stanley fell$. 26 or. 7 percent, to $36.05.
Chairman, Omega Advisors
Bank of America Corp. fell$. 12 or. 8 percent, to $15.72. Citigroup Inc. fell$. 50 or. 9 percent, to $52.48. Goldman Sachs fell $1.17 or. 6 percent, to $191.96.
March 23- Tenet Healthcare Corp on Monday said it would become the largest U.S. provider of outpatient surgery services through a joint venture with United Surgical Partners International and expects to fully own the company within five years. Tenet, the third-largest U.S. hospital operator, said it will pay $425 million to private equity firm Welsh, Carson,...
There's a new stock holding the most sway in the Dow Jones industrial average. It isn't newly inducted Apple. It's ...
Bank of America Corp. fell$. 06 or. 4 percent, to $15.78. Citigroup Inc. fell$. 27 or. 5 percent, to $52.71. Goldman Sachs rose$. 21 or. 1 percent, to $193.34.
Bank of America Corp. fell$. 07 or. 4 percent, to $15.77. Citigroup Inc. fell$. 28 or. 5 percent, to $52.70. Goldman Sachs rose$. 50 or. 3 percent, to $193.63.
Eaglevale's investors who back the Clintons illustrate how politics and finance can intersect. The New York Times reports.
March 23- Tenet Healthcare Corp and United Surgical Partners International will combine their ambulatory and short-stay surgery centers in a deal that will give Tenet the option to buy USPI over the next five years. Tenet also said it would buy UK- based Aspen Healthcare from Welsh Carson for about $215 million in cash. USPI and Aspen are being advised by...