Corporate Finance Corporate Assets

  • WASHINGTON, March 20- The Federal Reserve will remain the top holder of U.S. Treasuries for the foreseeable future after the central bank said it would stop shrinking its $4 trillion balance sheet by the end of September. So just what is inside this vast holding of assets?

  • WASHINGTON, March 20- The Federal Reserve will remain the top holder of U.S. Treasuries for the foreseeable future after the central bank said it would stop shrinking its $4 trillion balance sheet by the end of September. So just what is inside this vast holding of assets?

  • March 20- Latin American stocks fell in broad-based declines on Wednesday as investors avoided riskier assets ahead of a U.S. "Conditions are not right for a rate rise today, but they probably will be later this year," said Paul Donovan, Chief Economist at UBS Global Wealth Management in a note. Brazil's real fell 0.1 percent, snapping a three-day gaining streak...

  • Caesars and Eldorado have market capitalizations of $5.4 billion and $3.6 billion, respectively. They also had debt piles of $9.1 billion and $3.3 billion, respectively, as of the end of December. "The universe of buyers is limited, and Eldorado is best suited to extract full value from Caesars' assets in our view," Roch Capital Partners analysts wrote in a March 6...

  • *Source says combination of CTG and EDP assets in Brazil likely. LONDON/ SAO PAULO, March 13- Portugal's Energia de Portugal EDP could propose a joint venture with China Three Gorges allowing CTG to expand its foothold in Brazil and Latin America if the Chinese power giant's bid to take over EDP fails, people familiar with the matter said. The bid has also been...

  • LONDON, March 12- Portuguese utility company EDP announced plans to sell 2 billion euros' worth of assets in Portugal and Spain, and raise another 4 billion euros via an asset rotation programme until 2022 to fund its expansion in renewable energy. In a strategic update on Tuesday EDP also earmarked 12 billion euros for capital expenditure between 2019 and 2022,...

  • Hugo Boss store

    German fashion house Hugo Boss said it expected its operating profit to rise faster than sales in 2019, predicting strong momentum in its online business and Asia.

  • Investors need to look past GE's negative period to 2021, says equity analyst

    Justin Bergner of Gabelli and Jim Corridore of CFRA Research join CNBC's "Power Lunch" team to break down what General Electric CEO Larry Culp's comments on negative free cash flow mean for the company.

  • The Ted Baker Shop on Oxford Street is shown in Central London.

    Ray Kelvin, founder and chief executive of British fashion retailer Ted Baker Plc, resigned on Monday amid misconduct allegations related to his hugging of business colleagues.

  • GE biopharma sale could surface more health care value: Expert

    GE after biopharma sale with Justin Bergner, senior analyst at Gabelli & Co

  • Feb 20- The Federal Reserve on Wednesday signaled they will soon lay out a plan to stop letting go of $4 trillion in bonds and other assets, but policymakers are still debating how long their newly adopted "patient" stance on U.S. rates policy will last. For now, policymakers see little risk to leaving interest rates alone while they take time to assess rising risks,...

  • NEW YORK, Feb 12- The dollar was down modestly mid-morning on Tuesday, cooling what was its longest winning streak in two years, as investors put money in riskier assets on rising hopes of a breakthrough in U.S- China trade talks. Washington is expected to keep pressing long-standing demands that Beijing make sweeping structural reforms to protect American...

  • MOSCOW, Feb 12- Russia will dramatically cut its estimate of the sum it expects to recover from a "bad bank" set up after the collapse of three major lenders, according to three sources familiar with new calculations being prepared for the central bank. It had hoped to recover between 40 and 60 percent of the value of their 2 trillion roubles assets that were...

  • SHANGHAI, Feb 11- China's yuan weakened against the U.S. dollar on Monday, as the renminbi caught up with the dollar's gains in global markets after the week-long Lunar New Year holiday. The dollar hovered at six-week highs against a basket of its peers as fresh worries over U.S.- China trade tensions and global growth boosted appetite for safe-haven assets.

  • Senate Minority Leader Chuck Schumer, a Democrat from New York, speaks on Capitol Hill in Washington, D.C., Jan. 16, 2019.

    CNBC's "Power Lunch" teams discuss whether there should be a limit on corporate buybacks with Jimmy Pethokoukis of American Enterprise Institute and Andy Green of Center for American Progress.

  • LONDON, Jan 31- The Canadian dollar took the top spot against the struggling greenback in January as a combination of strong gains in risky assets and a 15 percent rally in oil prices boosted appetite. The cautious words from the Fed sent perceived risk-oriented currencies such as the Australian dollar and the New Zealand dollar rallying against the greenback...

  • Jan 29- Power provider PG&E Corp filed for voluntary Chapter 11 bankruptcy protection on Tuesday, succumbing to liabilities stemming from wildfires in Northern California in 2017 and 2018.. PG&E listed assets of $71.39 billion and liabilities of $51.69 billion, in a court document filed in the U.S. Bankruptcy Court for the Northern District of California.

  • Strategists think the companies will continue to repurchase their own equity well into 2019 and goose the broader stock market higher.

  • *China's CSI, Hong Kong's HSI down slightly. TOKYO, Jan 24- Asian shares were subdued on Thursday as political uncertainty in the United States and worries about weakening global economic growth left investors wary of riskier assets. China's blue-chip CSI300 shed 0.3 percent while Hong Kong's Hang Seng Index gave up two-tenths of a percent.

  • PARIS, Jan 17- Supermarket retailer Casino, which is battling investor concerns over its high debt, said revenue growth slowed down slightly in the fourth quarter as anti-government protests in France impacted sales at its Geant hypermarkets. Casino, which is shedding assets to help cut its debts and which recorded a robust sales performance in its...