Tue, 13 Oct 2015 09:31:33 EDTGE agreed to sell its commercial lending and leasing business, the largest remaining chunk of its U.S. financial services business, to Wells Fargo.
Mon, 12 Oct 2015 23:14:58 EDTThe 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.
Tue, 13 Oct 2015 09:01:32 EDTBarclays’ 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.
Tue, 13 Oct 2015 08:28:51 EDTGlobal stocks were lower after the release of fresh evidence that China’s economy is slowing.
Mon, 12 Oct 2015 23:53:34 EDTThe 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.
Tue, 13 Oct 2015 05:33:06 EDTMost 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.
Tue, 13 Oct 2015 05:30:04 EDTBusiness 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.
Tue, 13 Oct 2015 07:31:03 EDTA 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.
Mon, 05 Oct 2015 16:14:07 EDTThe Wall Street Journal studied 71 activist-investor campaigns. The results: Activism often improves corporate performance but definitely not always.
Tue, 13 Oct 2015 06:31:59 EDTIn 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.
Tue, 13 Oct 2015 07:52:11 EDTFortress 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.
Tue, 13 Oct 2015 07:18:57 EDTThe former J.P. Morgan executive leading the race to fill the top spot at Barclays would have limited freedom to set strategy.
Tue, 13 Oct 2015 05:57:14 EDTThe Japan Post initial public offering offers decent value for investors, especially in its banking unit.
Tue, 13 Oct 2015 00:31:46 EDTThird-quarter bank earnings aren’t expected to be great. That may be the best thing about them.
Tue, 13 Oct 2015 00:30:00 EDTDell’s deal for EMC has rightly unsettled holders of stock in VMware.
Tue, 13 Oct 2015 00:31:08 EDTAB InBev has sweetened its offer for SABMiller. Whether it is enough will depend on one big shareholder.
Tue, 13 Oct 2015 00:30:05 EDTThe failure of a trial for a Lilly heart-disease drug raises the stakes for the rest of its roster.
Mon, 12 Oct 2015 22:07:42 EDTAlibaba is trying to improve its communication with investors, but failing to take some obvious steps to become more transparent.
Mon, 12 Oct 2015 20:15:32 EDTInvestors 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.
Sun, 11 Oct 2015 21:33:09 EDTInvestors hunting for a rally should be wary of fund outflows.