Deutsche Bank is only interested in a minority stake in Postbank, which mail and logistics group Deutsche Post is seeking to sell, Germany's business daily Handelsblatt wrote on Saturday ahead of publication on Sept. 8.
Friday, 5 Sep 2008 |
Posted By:
Cindy Perman |
Source: CNBC.com
Economic worries and profit warnings escalated this week, leaving stocks camped out in bear-market territory for the weekend.
Friday, 5 Sep 2008 |
Posted By:
Cindy Perman |
Source: CNBC.com
Stocks declined Friday after a report showed the unemployment rate shot up to a five-year high in August, adding anxiety to a market already jittery about the outlook for the economy.
Friday, 5 Sep 2008 | Source: CNBC.com
Stocks declined Friday after a report showed the unemployment rate shot up to a five-year high in August, adding anxiety to a market already jittery about the outlook for the economy.
Friday, 5 Sep 2008 | Source: CNBC.com
Futures plunged after a report showed the unemployment shot up to a five-year high in August, adding anxiety to a market already jittery about the outlook for the economy.
Friday, 5 Sep 2008 | Source: CNBC.com
Futures plunged after a report showed the unemployment shot up to a five-year high in August, adding anxiety to a market already jittery about the outlook for the economy.
Friday, 5 Sep 2008 | Source: The New York Times
Altria Group is in advanced talks to buy UST, the maker of the popular Skoal and Copenhagen smokeless tobacco brands, for more than $10 billion, the NYT reported.
Friday, 5 Sep 2008 | Source: Reuters
Final bids for the Chicago Cubs will likely be due late September or early October, two sources said Thursday, as owner Tribune seeks to sell the storied baseball team by the year end.
Friday, 5 Sep 2008 | Source: Reuters
European shares ended sharply lower on Friday, marking the biggest weekly decline in more than five years, as weaker than expected U.S. non-farm jobs data dampened sentiment and raised economic concerns.
Friday, 5 Sep 2008 | Source: Reuters
Samsung Electronics, the world's top maker of memory chips, said it may buy flash memory maker SanDisk, which is valued at $3.2 billion, in a deal that could reshape a struggling industry.
Thursday, 4 Sep 2008 | Source: Reuters
U.S. private equity house Lone Star is seriously considering suing the South Korean government if it delays approval beyond September of the firm's $6.3 billion sale of shares in a local bank, a newspaper reported on Friday.
Thursday, 4 Sep 2008 | Source: The New York Times
Stephen A. Feinberg, one of the country’s most powerful — and secretive — financiers, hoped to make a fortune out of the detritus of the American auto industry. Instead, he seems to be losing one, reports the New York Times.
Thursday, 4 Sep 2008 | Source: Reuters
European shares sank 2.6 percent on Thursday, ending at their lowest closing level since July 17, on intensifying worries over growth in both the euro zone and the United States.
Wednesday, 3 Sep 2008 | Source: Reuters
Mitsubishi UFJ Financial Group has no plans to invest in U.S. investment bank Lehman Brothers, an executive at Japan's largest bank said, rejecting a media report that it was considering taking a stake.
Wednesday, 3 Sep 2008 | Source: Reuters
Malaysia's largest lender Maybank has dropped a plan to buy a controlling stake in an Indonesian insurer after protracted negotiations.