Investment Service News
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2 hrs ago | Business Journal
Bloomberg reports that Family Dollar Stores Inc. may be willing to consider an offer from Dollar General Corp. as long as antitrust concerns are addressed.
7 hrs ago | ABC News
Goldman Sachs has agreed to pay $3.15 billion to resolve claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed in 2007.
8 hrs ago | The Verona-Cedar Grove Times
Goldman Sachs Group Inc. agreed to pay $3.15 billion to settle Federal Housing Finance Agency claims that the investment bank sold faulty mortgage-backed securities to Fannie Mae and Freddie Mac.
9 hrs ago | Business Journal
Benefit Resources Inc., one of the largest employee benefit providers in Greater Cincinnati, has been acquired by National Financial Partners Corp. of New York.
13 hrs ago | Business Insurance
California detectives are investigating a July computer theft at storied venture capital firm Kleiner Perkins Caufield & Byers, a spokeswoman for the Menlo Park police said Thursday.
17 hrs ago | Reuters
Private equity firms Affinity Equity Partners and CVC Capital Partners are among potential bidders for South Korea's No.
The firm currently has a "buy" rating on the stock. Miller Tabak's price target indicates a potential upside of 15.51% from the stock's previous close.
Onex Corp. said Thursday that its ONCAP II fund has sold its Car Wash Partners Inc. business to Leonard Green and Partners.
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On Thursday, the bank reached a $16.65 billion agreement to pay the biggest settlement in history, adding to what was already a hefty bill for the bank.
The $16.65bn deal , which followed numerous federal and state inquiries, relates to the bank's role in the sale of mortgage-backed securities in the run-up to the financial crisis of 2008.
Family Dollar is in the middle of an apparent bidding war between its rival discount retailers, Dollar Tree and Dollar General , but ever since Dollar General made its competing offer, officials with that company have bluntly stated that they were surprised when the two smaller companies announced their merger agreement, since they thought they had ... (more)
Bay Area startup Siluria Technologies has developed a way to make gasoline, diesel and jet fuel from natural gas - not crude oil.
JPMorgan Chase & Co and Bank of America Corp are planning to hike salaries of junior employees by at least 20 percent, people familiar with the proceedings said.
Warren Buffett's Berkshire Hathaway Inc agreed to pay an $896,000 fine to settle U.S. government accusations that it violated antitrust rules by failing to report a transaction that boosted its stake in building products company USG Corp. The civil penalty, which requires court approval, settles charges made on Wednesday by the U.S. Department of ... (more)
Warren Buffett's company has agreed to an $896,000 penalty for failing to tell regulators about a December 2013 investment in wallboard maker USG Corp. The Federal Trade Commission said Wednesday that Berkshire Hathaway Inc. should have notified the Justice Department before it converted $325 million of senior USG notes it held into 21.4 million ... (more)
Fortunately for them, Europe right now is offering a chance to make up for the blunder, say several value managers with a history of outperforming the markets.
Updated: Fri Aug 22, 2014 09:21 pm
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