GE to Sell Commercial Lending, Leasing Businesses to Wells Fargo

Tue, 13 Oct 2015 09:31:33 EDT
GE agreed to sell its commercial lending and leasing business, the largest remaining chunk of its U.S. financial services business, to Wells Fargo.

Oil Bull Andrew Hall Stands His Ground

Mon, 12 Oct 2015 23:14:58 EDT
The main fund at Astenbeck Capital Management lost 7% in September, leaving it down 20% for 2015 as of Oct. 1 and on track for its worst year since its inception in 2008.

Barclays' CEO Plan Raises Questions Over Strategy

Tue, 13 Oct 2015 09:01:32 EDT
Barclays’ plan to name Jes Staley as chief executive adds a new dimension to the lender’s love-hate relationship with investment banking—and introduces fresh uncertainty over strategy.

Global Stocks Fall on China Data

Tue, 13 Oct 2015 08:28:51 EDT
Global stocks were lower after the release of fresh evidence that China’s economy is slowing.

J.P. Morgan to Some Employees: Pay for Your Own Phone

Mon, 12 Oct 2015 23:53:34 EDT
The nation’s largest bank by assets is hoping to save tens of millions of dollars by eliminating support for BlackBerry wireless devices next year and mandating that some employees pay for their own devices.

Speculative Developers Take Medical Projects Off Back Burner

Tue, 13 Oct 2015 05:33:06 EDT
Most developers in the medical-office-building business put speculative projects on hold during the recession. Now some are revisiting the idea, breaking ground on new projects without having any tenants lined up.

Need to Store That? Booming Self-Storage Industry Says No Problem

Tue, 13 Oct 2015 05:30:04 EDT
Business is booming for companies that lease out storage units to consumers. Rents are rising, most units are occupied, and competition is tame due to limited new construction in the wake of the financial crisis.

Swanky New York Project Exploits Aid Program

Tue, 13 Oct 2015 07:31:03 EDT
A proposed $1.7 billion high-end tower on “Billionaires’ Row” at 36 Central Park South represents what critics call an abuse of the EB-5 immigrant investor program designed to aid economically deprived areas.

Activist Investors: Helping or Hindering?

Mon, 05 Oct 2015 16:14:07 EDT
The Wall Street Journal studied 71 activist-investor campaigns. The results: Activism often improves corporate performance but definitely not always.

Are You Ready to Buy Stocks at Your Grocery Store?

Tue, 13 Oct 2015 06:31:59 EDT
In a new twist on the gift-card business, retailers are starting to roll out cards that give the recipients small amounts of stock in some of the country’s best-known companies.

Fortress to Close Flagship Macro Hedge Fund

Tue, 13 Oct 2015 07:52:11 EDT
Fortress Investment Group LLC plans to close its flagship macro hedge fund after heavy losses and investor withdrawals, and Michael Novogratz, who runs the fund, is expected to leave the firm.

Jes Staley Won't Get to Start Fresh at Barclays

Tue, 13 Oct 2015 07:18:57 EDT
The former J.P. Morgan executive leading the race to fill the top spot at Barclays would have limited freedom to set strategy.

Reasons to Bank on Japan Post's Mega IPO

Tue, 13 Oct 2015 05:57:14 EDT
The Japan Post initial public offering offers decent value for investors, especially in its banking unit.

Bank Earnings Should Let Wall Street Down Easy

Tue, 13 Oct 2015 00:31:46 EDT
Third-quarter bank earnings aren’t expected to be great. That may be the best thing about them.

Why Dell's EMC Bid Leaves VMware Looking Like Devalued Currency

Tue, 13 Oct 2015 00:30:00 EDT
Dell’s deal for EMC has rightly unsettled holders of stock in VMware.

AB InBev-SABMiller Deal Becomes a Family Affair

Tue, 13 Oct 2015 00:31:08 EDT
AB InBev has sweetened its offer for SABMiller. Whether it is enough will depend on one big shareholder.

Why Lilly's Pipeline Worries Aren't Over

Tue, 13 Oct 2015 00:30:05 EDT
The failure of a trial for a Lilly heart-disease drug raises the stakes for the rest of its roster.

Alibaba's Next Letter Should Take a Page From Google

Mon, 12 Oct 2015 22:07:42 EDT
Alibaba is trying to improve its communication with investors, but failing to take some obvious steps to become more transparent.

What if the Emerging-Market Move Isn't a Head Fake?

Mon, 12 Oct 2015 20:15:32 EDT
Investors love trends they can latch on to; turning points are more difficult to navigate. So, while investors have welcomed a sudden bout of stabilization in emerging markets, it could still prove disruptive.

The Number Biotech Bargain-Hunters Have to Watch

Sun, 11 Oct 2015 21:33:09 EDT
Investors hunting for a rally should be wary of fund outflows.