WASHINGTON (Reuters) - Wanted for the Treasury Department: a new boss who can fix trillion-dollar-plus budget deficits, overhaul the tax system and spur a reluctant Europe into fixing its debt crisis.
WASHINGTON (Reuters) - Wanted for the Treasury Department: a new boss who can fix trillion-dollar-plus budget deficits, overhaul the tax system and spur a reluctant Europe into fixing its debt crisis.
WASHINGTON (Reuters) - Wanted for the Treasury Department: a new boss who can fix trillion-dollar-plus budget deficits, overhaul the tax system and spur a reluctant Europe into fixing its debt crisis.
(Reuters) - British bank Barclays <BARC.L> will sell its nearly 20 percent stake in BlackRock <BLK.N> at a discount, sending the U.S. asset manager's shares down 2 percent after the bell.
LONDON (Reuters) - British bank Barclays is selling its near-20 percent stake in U.S. asset manager BlackRock, worth $6.1 billion, as tougher global regulations have cut the attraction of such holdings.
LONDON (Reuters) - British bank Barclays is selling its near-20 percent stake in U.S. asset manager BlackRock, worth $6.1 billion, as tougher global regulations have cut the attraction of such holdings.
LONDON (Reuters) - British bank Barclays said it is to sell its 19.6 percent holding in U.S. asset manager BlackRock, worth $6.1 billion and which it has held for almost three years.
Monday, 21 May 2012 | Source: The Associated Press
Britain's Barclays Bank PLC said Monday it intends to dispose of its entire 19.6 percent stake in the U.S. asset management company BlackRock Inc., valued at $6.1 billion.
LONDON (Reuters) - Britain's Barclays Plc said it is to sell all of its $6.1 billion stake in U.S. asset manager BlackRock Inc., which it has held for almost three years.
LONDON (Reuters) - Britain's Barclays Plc said it is to sell all of its $6.1 billion stake in U.S. asset manager BlackRock Inc., which it has held for almost three years.
LONDON (Reuters) - Britain's Barclays Plc said it is to sell all of its $6.1 billion stake in U.S. asset manager BlackRock Inc., which it has held for almost three years.
SYDNEY (Reuters) - BHP Billiton <BHP.AX> <BLT.L> said it expects commodity markets to cool further and that investors have lost confidence in the longer-term health of the global economy, in the most cautious comments yet from the world's biggest miner.
HONG KONG (Reuters) - Macquarie Group <MQG.AX>, U.S.-based Principal Financial Group <PFG.N> and Singapore's United Overseas Bank <UOBH.SI> are among suitors that have submitted bids for ING's <ING.AS> Asian asset management business in a deal that may be worth around $500 million to $600 million, said sources familiar with the matter.
SYDNEY (Reuters) - Shares in Global Mining Investments <GMI.AX>, an Australian fund managed by U.S. money manager BlackRock Inc <BLK.N>, climbed 12 percent on Thursday after saying it intends to delist and restructure as a trust.
Morgan Stanley shares have had a rough 2012, underperforming those of major competitors by so large a margin that the bank is now lagging even perennial post-crisis losers Citigroup and Bank of America according to certain metrics... Read More
As if the S&P 500’s robust gain so far hasn't been impressive enough, Laszlo Birinyi, president of Birinyi Associates, says there’s still further room for the index to rally to 1,700 sometime this year... Read More
Carl Icahn's Icahn Enterprises has withdrawn a$1.73 billion hostile bid for Commercial Metals after less than 40 percent of the scrap metals giant's shareholders tendered their shares... Read More
In this current "muddle-through world," the best stocks to own are those that have the free cash flow to increase their dividends, BlackRock's Bob Doll told CNBC Monday... Read More