Hong Kong's unrest may be prompting globe-trotting millionaires to locate to Singapore instead, as the cities each strive to be Asia's financial hub.» Read More
Outdoor advertising is a growing category — not just billboards, but increasingly, weird publicity stunts that often go awry, The New York Times reports.
Europe's biggest bank HSBC Holdings said it did not receive regulatory approval to buy a majority stake in Korea Exchange Bank by a Thursday deadline , but is expected to stand firm on the $6.3 billion deal.
Despite their record breaking profits, Exxon Mobil dragged the Dow lower Thursday after its earnings fell short of Wall Street's expectations. Also comments from Alan Greenspan made on CNBC added to the downward momentum.
It's been a rough year for financial counters, with banks hard hit by the fallout out of the subprime crisis and the subsequent credit crunch. This week, we chart HSBC Holdings and use the RSI to predict trend changes.
U.S. private equity firm Lone Star on Thursday dismissed reports it had discussed the sale of Korea Exchange Bank with other parties than planned buyer HSBC, though prospects for the $6.3 billion deal remain uncertain.
The SEC issued its emergency ruling against naked short-selling Tuesday to build investor confidence regarding market information, SEC Chairman Christopher Cox told CNBC.
Wilbur L. Ross Jr. made an $80 million investment in the flailing Indian airline SpiceJet, saying that high oil prices are a bubble that should pop in the next 12 months.
U.S. securities regulators issued an emergency rule Tuesday to limit certain types of short selling in major financial firms, including Fannie Mae and Freddie Mac.
Fearing the two largest U.S. mortgage finance companies need a government bailout, investors pushed stocks lower Friday. What's the "Word On The Street?"
U.S. private equity house Lone Star could offer shares in Korea Exchange Bank in a block sale if the pending $6.3 billion deal to sell control of KEB to HSBC falters, KEB's chief executive said on Thursday.
HSBC, the giant London-based bank, has moved its North American headquarters to a sprawling facility that it bills as carbon neutral in this hamlet about 30 miles north of Chicago, The New York Times reports.
The Dow closed higher Tuesday after GM surprised Wall Street with stronger-than-expected June sales and financial shares reversed earlier losses. What's the "Word on the Street?"
After hours Morgan Stanley recommended investors buy Lehman Brothers stock and set a price target of $31. What's the "Word on the Street?"
Here's our Fast Money Final Trade. Our gang gives you Monday's best trades, right now!
Better keep your wits about you, it looks like we’re entering bear territory. What's the "Word on the Street?"
1) Reliance Steel just jumped 5 percent as they updated guidance, raising it 30 percent from previous guidance, due to much higher increases in carbon steel prices.
A South Korean high court on Tuesday cleared U.S. private equity house Lone Star of manipulating the stock price of a former credit card unit of Korea Exchange Bank, rejecting an earlier ruling.
More Wall Street firms, facing the specter of tougher regulation and slumping capital markets, will follow the path of Bear Stearns and be forced into the arms of deposit-rich commercial banks, veteran banking analyst Charles Peabody told Reuters.
As discontent grows inside Lehman Brothers over the firm's financial problems, pressure is building on Chief Executive Officer Richard Fuld to sell the securities firm to a bigger player, CNBC has learned.