The departure of maverick founder Takao Yasuda has unnerved investors in Japanese retailer Don Quijote, the Financial Times reports.» Read More
Bob Diamond has joined a chorus of criticism over the lack of progress in ending banks' "too big to fail" status. The FT reports.
So much of the Dodd-Frank Act is left undone, says Gary Parr, Vice Chairman at Lazard, sharing his thoughts on what still needs to get done five years after the financial crisis.
Even though it's more history than not, first quarter GDP is the number traders will be watching Friday for what it might say about the current slowdown that began in March.
It's make-or-break time for the first-quarter earnings season, and it comes just as the stock market is showing signs of strain.
D.E Master Blenders 1753 said on Thursday it received a 6.4- billion-euro takeover offer from German investor Joh A Benckiser, sending shares of the Dutch coffee and tea maker up more than 25 percent.
Billionaire investor Nelson Peltz told CNBC that Thursday's two big deals support his thought that the mergers and acquisitions market is back.
Deutsche Bank's Joe Lavorgnia anticipates broad "collateral financial damage" once interest rates eventually edge higher. And Art Hogan of Lazard Capital Markets sees the Fed trimming back on quantitative easing in 2013. Both appeared on CNBC's "Squawk on the Street" on Friday.
Take a look at some of Thursday's midday movers:
Australia's no.3 iron ore miner, Fortescue Metals Group, is in talks to sell a minority stake in its multi-billion dollar port and rail assets as it looks to cut debt and build new mines in a world of weaker iron ore prices.
Some of the names on the move ahead of the open.
Check out which companies are making headlines after the bell Tuesday.
NEW YORK, Nov 3- When Jeroen Aerts, a Dutchman tasked with crafting a plan to defend New York City from flooding, first looked at its coastline seven years ago, he was taken aback by how vulnerable it was.
*Lazard will meet 25 percent margin target by 2014- CEO. Oct 25- Lazard Ltd plans to cut $125 million in costs each year, mainly through staff reductions, the investment bank said on Thursday, as it works to meet an aggressive profit goal in a weak market for its financial advisory services.
*Citi, Yahoo, AIG examples show more aggressive boards. NEW YORK, Oct 24- In the summer of 2011, Yahoo Inc's board decided enough was enough. So, the board held a final meeting in Los Angeles, away from Yahoo's Silicon Valley headquarters, to review the company's progress, a source familiar with the matter said.
*Pay falls at JPMorgan's investment bank in 3rd qtr. Oct 12- JPMorgan Chase& Co's investment bank set aside less revenue to pay employees last quarter, another sign that Wall Street bonuses are on the decline this year.
Oct 12- McGraw-Hill Companies Inc:. *Lazard raises McGraw Hill Companies Inc price target to $63 from $61. Reuters Station users, click. 1568.
*Lazard raises Liberty Media Corp price target to $143 from $125. *Lazard raises Sirius XM Radio Inc price target to $3.50 from $3. Reuters Station users, click. 1568.
*Lazard cuts SAIC to neutral from buy. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
Oct 10- Booz Allen Hamilton Holding Corp:. *Lazard cuts Booz Allen Hamilton to sell from neutral. Reuters Station users, click. 1568.
Take a look at some of Tuesday's midday movers: