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Bear Stearns Trial Acquittals Echo Long Line of Justice Department Defeats
The acquittals of two Bear Stearns Cos. hedge-fund managers in a test trial for prosecutions linked to the subprime crisis echo a long line of high-profile financial cases that blew up in the governmenta s face.
Bumi pays 12% for $300 million seven-year bond issue
Bumi Resources is the latest Indonesian coal miner to tap the dollar market, finding a gap through which to launch a high-yield bond late last week.
INJAZ launches Business Leaders Campaign 2009
Jordan: 3 hours, 26 minutes ago In a step that aims at inspiring and preparing Jordanian youth, INJAZ launched the Business Leaders Campaign 2009, with support from Credit Suisse as the official sponsor of the campaign.
Retail Stocks: Retail stocks rise; RadioShack, Abercrombie raised
Retail stocks headed higher Monday, led by RadioShack Corp. and Abercrombie & Fitch Co., after both stocks were upgraded.
STR Holdings, Inc. Prices Its Initial Public Offering
STR Holdings, Inc. today announced that the initial public offering of 12,300,000 shares of its common stock has been priced at $XX.XX per share.
Solar Company STR, Sold by Credit Suisse's DLJ, Rises After IPO Price Cut
STR Holdings Inc., the solar company that Credit Suisse Group AGa s private-equity unit DLJ Merchant Banking Partners took public, jumped on the first day of trading after its underwriters cut the share price of its initial public offering twice to attract investors.
Goldman Sachs quits as Rusal listing adviser
Bank of America Merrill Lynch has replaced Goldman Sachs as a key adviser on the $30bn stock market listing of Russian aluminium giant United Company Rusal.
Global equity markets ended the week with gains on Friday, shrugging off initial shock at U.S. jobs data, but oil prices never fully recovered.
Indications: U.S. stock futures advance before Fed meeting
U.S. stock futures on Wednesday pointed to solid opening gains, with traders ignoring the traditional caution ahead of a Federal Reserve interest-rate meeting to take a riskier stance.
Time Warner, Comcast, Kraft Foods in focus
U.S. stock futures rose on Wednesday, with traders ignoring the traditional caution ahead of a Federal Reserve interest-rate meeting.
UBS reports 3Q net loss of $542 million
Swiss bank UBS AG reported a third-quarter net loss of 564 million Swiss francs Tuesday, blaming accounting charges of 2.15 billion francs for keeping it in the red.
Ferro Announces Pricing of Common Stock Offering
Ferro Corporation announced today that it priced an offering of 35,750,000 shares of common stock at a public offering price of $5.60 per share.
UBS won't stem withdrawals soon as Q3 disappoints
The logo of Swiss bank UBS can be seen outside its New York office in this August 12, 2009 file photo.
Standard Parking Corporation Announces Secondary Common Stock Offering by Selling Stockholders
Standard Parking Corporation today announced the underwritten public offering of 5,800,000 shares of its common stock by GSO Special Situations Fund LP, GSO Special Situations Overseas Master Fund Ltd., GSO Special Situations Overseas Benefit Plan Fund Ltd., GSO Capital Opportunities Fund LP and CML VII, LLC.
AIG Earnings Estimate Is Tripled by Credit Suisse on Gains in Asset Values
American International Group Inc. , the insurer bailed out by the U.S., had its third-quarter earnings estimate tripled by Credit Suisse Group AG on gains in investments including derivatives and hedge-fund holdings.
Consumer Spending Fell in U.S. Last Month After Auto Rebate Program Ended
Spending by U.S. consumers fell in September for the first time in five months after the governmenta s auto-rebate program expired.
Hanesbrands Inc. F3Q09 Earnings Call Transcript
Hanesbrands Inc. F3Q09 Earnings Call October 28, 2009 5:00 pm ET Executives Richard A. Noll - Chief Executive Officer E. Lee Wyatt, Jr.
Dollar Mostly Gains as Investors Seek Safety
The dollar was mostly higher Wednesday as a report on the housing sector added to worries about the strength of the U.S. economy's rebound, boosting the buck's appeal as a haven.
Johnson Controls F4Q09 Earnings Conference Call Transcript
Johnson Controls Inc. F4Q09 Earnings Conference Call Executives Stephen A. Roell - Chairman, President and Chief Executive Officer R. Bruce McDonald - Executive Vice President and Chief Financial Officer Analysts Michael Lew - ThinkEquity Brian Johnson - Barclays Capital Rod Lache - Deutsche Bank Christopher Ceraso - Credit Suisse David Leiker - ...
Futures Movers: Crude futures slip back below $80 on Globex
Crude-oil futures fell back below $80 a barrel by late Monday morning in Asia, failing to find support from a reported rise in September Chinese oil demand, as traders took in profits from last week's 3.4% climb in prices.
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