Has debt freeze exposed Dubai mirage?
CNN - Thu Nov 26, 2:34 pm ETDubai sent investors reeling Thursday after asking creditors to freeze the debt repayments of one of its biggest holding companies, Dubai World.
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Dubai sent investors reeling Thursday after asking creditors to freeze the debt repayments of one of its biggest holding companies, Dubai World.
RedPrairie Holding Inc., a business software provider, said Thursday it filed a registration statement with the Securities and Exchange Commission for an initial public offering.
Nov. 26 (Bloomberg) -- The yen rallied to a 14-year high against the dollar on speculation Japanese monetary authorities will tolerate further appreciation of the currency.
Nov. 26 (Bloomberg) -- Gold fell for the first time this week in London as a stronger dollar prompted investors to sell the metal after it reached a record. Other precious metals slid.
Nov. 26 (Bloomberg) -- Orascom Telecom Holding SAE, the biggest mobile-phone company in the Middle East, was cut to “underperform” from “buy” at BofA Merrill Lynch Global Research on concern an Algerian tax claim will stifle growth prospects.
Nov. 27 (Bloomberg) -- The Hong Kong Stock Exchange postponed by at least a week a decision on whether to approve United Co. Rusal’s application to list its shares as part of an initial public offering, said two people familiar with the situation.
The estimates for cloud computing can make you wonder sometimes about what to believe. Analyst firms and it looks like investment houses, can be notorious for wild estimates about market sizes. So we have to wonder about the estimates from Merrill Lynch , which is estimating the cloud computing market to reach $160 billion by 2011.The estimate includes $95 billion in business and productivity ...
Nov. 26 (Bloomberg) -- Morgan Stanley hired Carol Lin from Bank of America Merrill Lynch to be a managing director heading its Asian distressed and stressed assets sourcing and distribution business.
HOUSTON -- Cardtronics, Inc. today announced that its Chief Financial Officer, Chris Brewster, will be speaking at the Bank of America Merrill Lynch 2009 Credit Conference, taking place at the Crown Plaza hotel in New York City.
Software provider RedPrairie said it has registered with the Securities and Exchange Commission to sell stock to the public through an initial public offering. In an announcement late Wednesday evening, RedPrairie Holding Inc. said the company and certain of its stockholders would sell an undetermined number of common shares to the public. It also said the investment banks underwriting the stock ...
HOUSTON----Complete Production Services, Inc. announced today that Chairman and Chief Executive Officer, Joseph C. Winkler, will present at the Bank of America Merrill Lynch 2009 Credit Conference in New York, NY on Wednesday, December 2, 2009 at 2:00 p.m.
CHARLOTTE, N.C. — Bank of America is having such a hard time finding a new CEO that some analysts are wondering if Ken Lewis might have to stay past his planned Dec. 31 departure.
NEW YORK — Oil prices slipped below $76 a barrel Wednesday ahead of a government report expected to show a build in U.S. crude and gasoline stocks.
John Barr was a fleet-footed first baseman as a senior on Audubon's 1975 Group 2 state championship baseball team. He stole 22 bases that year and recently quipped, "The only base I couldn't steal was first."
Finance Minister Hirohisa Fujii said today the government needs to take action on "abnormal" currency movements and Prime Minister Yukio Hatoyama said the yen's appreciation was due to weakness in the dollar.
Ball Corporation , one of the world's leading suppliers of metal and plastic packaging to the beverage, food and household products industries, will speak to the investment community on Dec. 3 at the Bank of America Merrill Lynch Credit Conference in New York, N.Y.