Financial Markets

Asian markets fall on fears of poor US retail sales

Asian stock markets fell this morning as investors showed their disappointment in US retail spending over the Thanksgiving weekend. Stocks in Australia, Japan Singapore and South Korea were all down, after early reports that...

Ryanair makes fresh Aer Lingus offer

Irish low-fare airline Ryanair has launched a £620m offer for rival Aer Lingus, in which it already has a near 30pc stake. The €1.40-a-share offer is a renewed bid by Ryanair after the group was refused ownership of Aer Lingus...

Asia stocks snap six-day winning streak

HONG KONG (Reuters) - Asian stocks dipped on Monday to snap a six-day winning streak, with investors caught between aggressive steps by central bank to alleviate the sharp global downturn and increasingly grim economic data.

New Star in urgent negotiations with bankers

New Star, John Duffield's asset management group, is fighting for its survival after entering urgent negotiations with its bankers.Shares in the fund management group, floated at 225p three years ago, collapsed 70% to 4.4p...

Japan set to tackle lending costs

The Bank of Japan (BoJ) will hold an emergency meeting on Tuesday to tackle rising corporate borrowing costs amid Japan's deepening economic crisis. The Bank is coming under increasing pressure to fund money markets more...

RLPC-DEALTALK-Prospects of $45 bln loan for Roche receding? 1 hr ago

By Tessa Walsh LONDON, Dec 1 (Reuters) - The prospects of Swiss drugmaker Roche raising a $45 billion syndicated loan to finance the buyout of the rest of U.S. biotech group Genentech are becoming increasingly remote. The sheer...

GOGL - Interim Results for the Quarter ended September 30, 2008

Golden Ocean Group Limited (the "Company" or "Golden Ocean") reports net income of $118.7 million and earnings per share of $0.43 for the third quarter of 2008. This compares with net income and earnings per share of $52.9...

Mentor (MNT) Agrees To Be Acquired By Johnson & Johnson (JNJ) for $31/Share

Johnson & Johnson (JNJ) volatility Elevated at 41; JNJ's $1.07B purchase of MNT to be EPS dilutive Mentor (MNT) volatility Elevated; JNJ buying MNT for $1.07 billion cash More News related to Mergers and Acquisitions Wachovia...

Indonesia Bumi shares sink on Northstar deal questions

JAKARTA (Reuters) - Shares in Indonesia biggest coal miner, PT Bumi Resources Tbk , tumbled nearly 7 percent on Monday, surrendering early gains, on investor uncertainty over Bumi's ownership and its group debt.

Cardiome Pharma's (CRME) CEO, Rieder, Subject to Margin Call

Cardiome Pharma's (CRME) CEO, Rieder, Subject to Margin Call More News related to Corporate News Cardiome Pharma Corp. (NASDAQ: CRME) disclosed on Friday that its Chairman and CEO, Bob Rieder, was recently subject to...

1 2 3 4 5 next »