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Hopu, Partner Said to Plan $800 Million Investment in China Mengniu Dairy
Hopu Investment Management Co., a fund backed by Temasek Holdings Pte , plans to team up with a Chinese state-owned company for an $800 million investment in China Mengniu Dairy Co., a person familiar with the matter said.
"Brave" post-Lehman M&A rewarded by market -study
Stock markets rewarded companies such as Johnson & Johnson and Cisco who were brave enough to make acquisitions in the months after Lehman Brothers' collapse, a study released on Monday showed.
Spectrum Pharmaceuticals to Raise $21 Million from Institutional Investors at $7.1525 Per Share
Spectrum Pharmaceuticals, Inc. , a commercial-stage biotechnology company with a focus in oncology, today announced that it has received commitments from institutional investors to purchase $21 million of securities in a registered direct offering.
Citi Hires Morgan Stanley Trader
Citigroup reportedly has succeeded in hiring Dan Petherick , an equity derivatives trader at Morgan Stanley , via a bonus offer that he could not refuse and one that Morgan would not top, Forbes reports.
Goldman Sachs: The great American bubble machine
From Rolling Stone: Matt Taibbi's piece in Rolling Stone magazine's latest issue is creating a fair amount of buzz across the Internet.
The first visitors were allowed into the Statue of Liberty's crown in nearly eight years.
Aaron Weisinger, 26, surprises his girlfriend Erica Breder, 25, both of Walnut Creek, Calif., with a wedding proposal while visiting the crown of the Statue of Liberty in New York, Saturday July 4, 2009.
Quick justice and corporate failure
Jailed for 150years . . . Bernie Madoff was found guilty of robbing investors of $US50 billion.
Hong Kong Banks Must Bear Losses on Lehman Minibonds, Investor Group Says
Hong Kong investors in notes linked to failed Lehman Brothers Holdings Inc. will balk at a reported compensation offer of just 60 to 70 cents on the dollar, said a group representing individuals who bought the securities.
ATTEMPTS by the collapsed investment bank Lehman Brothers to shield itself from an array of lawsuits taken by aggrieved investors face a challenge from the corporate regulator.
Clearing key to making derivatives safer: EU
Derivatives pose risks on financial markets that central clearing of contracts would mitigate, the European Commission said on Friday, outlining plans that fall short of more radical U.S. steps.
A must read Ukiah: Goldman Sachs owns our government and we're the suckers
Matt Taibbi on how Goldman Sachs has engineered every major market manipulation since the Great Depression [...] What you need to know is the big picture: If America is circling the drain, Goldman Sachs has found a way to be that drain a ' an extremely unfortunate loophole in the system of Western democratic capitalism, which never foresaw that in ...
Morgan Stanley May Post Another Loss After Paying Back U.S. Bailout Funds
Morgan Stanley may report a third straight loss because of accounting charges related to an improvement in the companya s own debt and the cost of repaying $10 billion in government bailout money.
Goldman Sachs bankers in line for record bonuses
Bankers at Goldman Sachs could be in line for record bonuses as compensation on Wall Street looks set to rebound in spite of problems in the wider economy.
Global miner Rio Tinto wrapped up one of the world's biggest rights issues on Friday, saying its Australian shareholders had taken up 94.76 percent of their entitlements to the new shares.
Steven Goldman resigns as New Jersey commissioner of banking and insurance
Steven Goldman is leaving his position as commissioner of banking and insurance to resume his private law career.
Citigroup Bonds Offer Good Value
Bank issued credits were as dependable as sunshine in Santa Fe until Lehman Brothers went down, and investors in Lehman debt got soaked, not to mention that a full-blown credit crisis was unleashed.
Stop the Wall Street pay stories
OK. I know it's probably too hard for an editor to resist running out another story on excessive Wall Street pay-especially on the day when you know the US government is going to release another set of ugly jobs numbers.
Risk Cuts at Morgan May Lead to a Loss
Last year, after the financial crisis, Morgan Stanley made a decision that its biggest rivals avoided: burned by the crisis, it would take far fewer risks in its trading.
Millicom International Cellular: Strategic Review of Asia - Update
NEW YORK & STOCKHOLM, Sweden -- -- Millicom International Cellular S.A. , the global telecommunications company, today announces that the previously announced Strategic Review of its Asian assets is progressing according to plan.
J.P. Morgan's Andrew Parry Elected as Co-Chair of the FPL Global Derivatives Committee
Andrew Parry of J.P. Morgan Investment Bank was elected Co-Chair of the FPL Global Derivatives Committee, according to the organization's release.
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