This week, big banks including Citigroup, Morgan Stanley and Goldman Sachs surprised with better-than-expected earnings and the Labor Department also gave good news on the job front.
04/17/14 - 07:00 PM EDT
Peer-to-peer lender Lending Club said on Thursday it has picked up the type of investors it would want when the company is taken public, after raising $65 million from T. Rowe Price, Wellington Management, Blackrock and Sands Capital
04/17/14 - 04:07 PM EDT
Weibo, often referred to as the Chinese version of Twitter TWTR, will begin trading on the Nasdaq Global Select Market after the company priced its initial public offering at the low end of its expected range.
04/17/14 - 05:08 PM EDT
Platform Specialty Products, a specialty chemical company that was born from a special purpose acquisition vehicle founded by Jarden chairman Martin Franklin, said on Thursday it will buy Chemtura AgroSolutions from Chemtura for $1 billion in cash and stock.
04/17/14 - 01:23 PM EDT
Blackstone Group President and COO Hamilton "Tony" James confirmed the company's preferred equity stake in Fannie Mae and Freddie Mac but said he does not believe the asset management giant will drive the debate over the future of the government sponsored enterprises
04/17/14 - 12:32 PM EDT
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Activist investor Dan Loeb and famed auction house Sothebys are headed for a courtroom showdown. There's a hearing in the case just days before Sothebys' annual meeting, so the pressure is on.
04/17/14 - 12:00 PM EDT
Acquisition from GS Capital and Thomas H. Lee marks the cereal giant's largest deal to date.
04/17/14 - 11:36 AM EDT
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GrubHub said on Wednesday it had settled with New York Attorney General Eric Schneiderman on how the online food delivery service charges its restaurant users. Tips that customers pay will no longer be included in GrubHub's take from restaurants.
04/16/14 - 05:47 PM EDT
Bazaarvoice's $9 million acquisition of FeedMagnet may help the online customer review network expand its services to social media such as Instagram. The deal also marks a new M&A strategy for Bazaarvoice after the Department of Justice called the company's vertical acquisition of competitor PowerReviews "unlawful."
04/16/14 - 01:00 PM EDT
The U.K.'s Reckitt Benckiser said Wednesday it was leaning toward a separate listing for its prescription pharmaceuticals unit, whose core Suboxone heroin-withdrawal aid is losing U.S. market share to generic competition.
04/16/14 - 11:46 AM EDT
The valuation agreement will allow the U.K. company to buy its German partner out of diesel-engines maker Rolls-Royce Power Systems.
04/16/14 - 11:33 AM EDT
Stocks open higher on Wednesday despite a report from the Commerce Department that said builders began work on fewer houses in March than analysts had expected.
04/16/14 - 10:19 AM EDT