NEW YORK (Reuters) – AOL Inc has tapped Bank of America to explore strategic options including a potential Yahoo Inc merger, according to people familiar with the matter.
HONG KONG/HANOI, Nov 9 (Reuters) – Vietnam’s state-owned
Petro Vietnam Gas Corp (PV Gas) has launched an auction to sell a
15-20 percent stake in the company to raise about $600 million,
with a…
XSTRATA’S coal chief today admitted a rival move on Sphere Minerals has been "frustrating", and reiterated its $514 million offer is final.
SEVEN Group Holdings executive chairman Kerry Stokes today welcomed James Packer’s return to free-to-air television.
SHANGHAI, Nov 9 (Reuters) – Morgan Stanley’s
application to sell its roughly $1 billion stake in Chinese
investment bank China International Capital Corp (CICC) will be
approved by China’s…
<ul><li>Golden Star Resources Ltd. (TSX: GSC)(NYSE Amex: GSS)(GSE: GSR) ("Golden Star" or the "Company") is pleased to report its third quarter financial and operational results for 2010. </li><li>Operating c…
<ul><li>KLONDIKE GOLD CORP. (TSX VENTURE: KG) (the "Company") is pleased to announce that it proposes to raise up to $2,000,000 by way of a brokered private placement through the issuance of up to 10,000,000 units at a price of $0…
After a slightly extended up-and-down effort to take hold of the $1,300 level, gold prices wasted little time moving past $1,400. The Monday (November gold spot rate is $1,406.30 in lunchtime trade on the New York NYMEX.
Irish economist Morgan Kelly’s Op-Ed on IrishTimes.com is getting lots of play today. In it he puts forth three propositions.
The Irish bailed out the European banks by repaying the loans that Irish banks took out with U.K., French and German ban…
PARIS (Reuters) – French drugmaker Sanofi-Aventis said it has called on bid target Genzyme Corp not to use defensive tactics to block a takeover of the U.S. biotech but to let shareholders decide…
The daily transparency required of actively-managed ETFs in the US has been one of the main selling points of these new products, while at the same time being probably the biggest hurdle discouraging many active managers from embracing this relatively …
<ul><li>U.S. Federal Reserve Gov. Kevin Warsh said Monday the central bank’s Treasury bond purchasing program was not without considerable risks.</li><li>There are significant risks that bear careful monitoring by the (Fed’s) Fe…
<ul><li>Crude oil prices held even Monday above $86 per barrel in New York with the dollar index heading higher.</li><li>Renewed concerns over government debt in Europe helped weaken the euro, giving the dollar a boost.</li&g…
Stocks pulled back Monday as traders retreated from a rally that brought indexes to their highest levels since the peak of the financial crisis in September 2008.
* Shares down 4 pct in after-market trade
Nov 8 (Reuters) – Web hosting company Rackspace Hosting Inc
posted third-quarter earnings that met market
estimates, helped by revenue growth at its…