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The FTSE 100 fell and the banks collapsed. But as Patrick Collinson reports, the only shares that didn't go up in smoke were tobacco companies In a decade dominated by the rise of China, the expansion of the internet and the...
Thomas Cook was held back last night as traders sold out on the view that the market may be underestimating the FTSE 100-listed tour operator's refinancing needs. Morgan Stanley sounded the alarm, saying that factors such as...
When I was a young high school punk, I had the good fortune of attending Jim Peckham's wrestling camp. Coach Peckham was the 1976 USA Olympic wrestling coach. He had cauliflower ears and a face that looked like he chased parked...
NEW YORK (Reuters) - Investors bet on growth opportunity in the IPOs of a Chinese hotel chain and an online education company on Friday, but saw murkier prospects for a spin-off of mining giant Rio Tinto, sending its shares lower.
By TALI ARBEL AP Business Writer NEW YORK (AP) - The flurry of initial public offerings this week is confirmation that this fall's rebound in the market wasn't a fluke and sets the stage for more companies to raise money...
Odyssey Marine Exploration, Inc. (NasdaqCM:OMEX), a pioneer in the field of deep-ocean shipwreck exploration, has acquired a minority interest in SMM Project LLC, a company funded by a group of investors to bring together the...
U.S. stocks extended a global drop as concern grew that the rally has outpaced the prospects for economic growth. The yen and the dollar strengthened, oil tumbled and yields on Treasury three-month bills turned negative for the...
Rio Tinto, the global mining company that faced a huge debt burden a year ago, continued its recapitalisation drive as it netted $741m (£450m) by spinning off US coal assets. Cloud Peak Energy, which started trading on the New...
Cloud Peak Energy trades lower in coal producer's IPO , MarketWatch NEW YORK (MarketWatch) -- Speculation about a correction in oil prices -- potentially on a scale of $10 to $15 a barrel -- hung over energy stocks Friday, as...
A bout of nerves gripped the FTSE100 yesterday as investors turned to defensive stocks amid fears that a market correction could soon bring a sticky end to recent rallies. The Footsie limped down 74 points to finish at 5267.7,...
