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Sinopec, TPG Not Bidding for LyondellBasell
China Petroleum and Chemical and private-equity firm TPG aren't considering a bid to buy bankrupt chemical company LyondellBasell, a report says.
02:13AM 11/25/09
Facebook Has No Imminent IPO Plans
Facebook said an initial public offering wasn't imminent as it established a dual-class stock structure.
01:35AM 11/25/09
Lloyds to Raise $22.3B in Rights Issue
Lloyds Banking Group said Tuesday it will sell shares at 37 pence, a 59.5% discount to Monday's closing price, in the U.K.'s biggest rights issue.
04:57AM 11/24/09
Fed Reportedly Asks Banks for TARP Plans
The Federal Reserve asked nine U.S. banks which were part of this year's stress tests to submit plans to repay funds from the Troubled Asset Relief Program, a report says.
02:23AM 11/24/09
U.S. Government Has AIG's Back
Federal officials have been urging pay czar Kenneth Feinberg to ease the compensation restrictions at AIG for 2010, a report says.
01:55AM 11/24/09
Coca-Cola Reportedly Plans Big China Push
Coca-Cola plans to more than double its number of bottling plants over the next decade in China and triple sales to the country's emerging middle class, a report says.
02:25AM 11/23/09
Cadbury Suitors Make for Crowded Field
Hershey is being pressed to make an offer for Cadbury, while Nestle is considering a bid that would top Kraft's offer for the U.K. candy maker.
02:12AM 11/23/09
Facebook Valued at $9.5 Billion: Report
Facebook shares have risen 42% over the past four months on exchanges for private companies, a report says.
04:32AM 11/20/09
Malone Won't Rule Out DirecTV Takeover
DirecTV Chairman John Malone hasn't ruled out the possibility of a takeover of his company by AT&T or Verizon, a report says.
01:53AM 11/20/09
Nokia Siemens Bids for Nortel Assets
Nokia Siemens Networks and private-equity firm One Equity Partners have jointly bid for Nortel's optical networking and carrier ethernet business, challenging a bid from Ciena, a report says.
04:39AM 11/19/09
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