5065 Stories, most recent news story added Fri Nov 27, 10:30 pm ET
A group of noteholders of bankrupt regional theme park operator Six Flags Inc said on Sunday it submitted an alternative reorganization plan that transfers most of the equity to them.
Nov. 27 (Bloomberg) -- Kenneth Feinberg’s decision to slash executive pay at taxpayer-rescued companies was “sheer stupidity,” says Home Depot Inc. co-founder Kenneth Langone. Not so, says compensation analyst Paul Hodgson: If anything, Feinberg is a “pay kitten” soft on Wall Street.
U.S. Bancorp announced recently that its lead bank, U.S. Bank National Association is planning to sell the three Texas banks.
Bank of America was aiming to have a new CEO in place by Thanksgiving but the company wasn't able to meet that deadline, and its complicated search continues.
Nov. 27 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading . Stock symbols are in parentheses and share prices are as of 9 a.m. in New York.
Nov. 27 (Bloomberg) -- U.S. stocks tumbled, joining a global slump that began when American exchanges were closed yesterday, as Dubai’s attempt to reschedule debt rattled investors and drove shares of banks lower.
Nov. 27 (Bloomberg) -- U.S. stock-index futures and emerging-market equities slumped and commodities dropped the most since July as Dubai’s attempt to delay debt repayments unnerved investors. Treasuries and the dollar rose while credit- default swaps surged.
Nov. 27 (Bloomberg) -- Investment bankers at RBC Capital Markets , TD Securities and other Canadian firms may see bonuses jump as much as 50 percent from last year after record stock sales and a surge in mergers fueled bank fees, a recruiter said.
Nov. 27 (Bloomberg) -- Treasury two-year notes advanced, pushing the yield to its lowest level in 11 months, after Dubai’s proposal to delay debt payments sparked a global slide in stocks and higher-yielding assets.
@BR LabelBW:BIRTHS
ING (ING) may wish it chose a different day to raise cash as the Dutch bank’s $11.2 billion rights issue came in at a 52% discount Friday amid a plunge in global markets sparked by Dubai’s debt crisis.
Nov. 27 (Bloomberg) -- U.S. stock futures plunged, indicating the Standard & Poor’s 500 Index will join a global slump, as Dubai’s attempt to reschedule its debt rattled investors and drove banks lower.
Nov. 27 (Bloomberg) -- Cadbury Plc investors should sell their shares in the U.K. candy maker because Kraft Foods Inc. is unlikely to raise its cash-and-stock offer above the current share price, Consumer Equity Research said today.
Katherine Burton and Ian King Danielle Chiesi spent a lot of time in hotel ballrooms and bars during the past decade. As an analyst at New Castle Funds LLC, a New York hedge fund firm that manages
Nov. 27 (Bloomberg) -- Wall Street’s system for determining payments on derivatives linked to the debt of defaulted companies is showing cracks less than a year after securities firms changed practices to avoid “Draconian” regulation.
Nov. 27 (Bloomberg) -- Commodities dropped the most since July, emerging-market stocks fell, Treasuries and the dollar rose and credit default swaps surged as Dubai’s attempt to delay debt repayments unnerved investors.
