| Chrysler creditors to ask for stock and cash: sources The Chrysler lenders are considering a response after being briefed on key issues in the struggling automaker's turnaround plans, including the proposed capital structure of an alliance betwe ...[more] |
| White House's Summers ducks Goldman question "I'm not going to get into a situation of any particular company," Summers said in an interview on CNBC television. "I will just say this: the assistance the government provided was intended ...[more] |
| TIMELINE: Chrysler's partnership talks since 2007 ) of Italy are discussing a new management and board for the troubled U.S. automaker under a proposed alliance that could see Fiat take a stake in Chrysler, Automotive News has reported. ...[more] |
| Denison Mines to sell $95 million in stock ) has agreed to sell 19.9 percent of the company to Korea Electric Power Corp () (KEPCO) and will also sell 20 percent of its annual production to the utility through 2015, Denison said on Tuesday. ...[more] |
| Bahrain's Unicorn in merger talks Majid al-Sayed Bader al-Refai also said that the unlisted lender would stick to plans to spend around $2 billion on acquiring banks in the Gulf Arab region, Europe and Asia, trying to benefit ...[more] |
| Short ETFs under the microscope as SEC mulls rules The Securities and Exchange Commission has hinted that so-called leveraged inverse ETFs such as UltraShorts could be included in new rules aimed at curbing short selling. Erik Sirri, the SEC' ...[more] |
| Citigroup shares rise on hopes for strong results Citigroup's stock was being boosted by "what Goldman announced and what Wells Fargo announced last week," said Ken Krawford, senior portfolio manager at Argent Capital Management. "Ci ...[more] |
| Hedge fund firm Cheyne Capital to buy Altedge Altedge, whose business will be integrated into Cheyne's over the next six months, hopes to benefit from Cheyne's distribution. "From Altedge's point of view it's an alliance with a l ...[more] |
| U.S. Rep. Frank welcomes Goldman TARP payback plan "I am very pleased," Frank, a Massachusetts Democrat, told Reuters. "To the extent that we have people pay it back, we should welcome that. It goes into the Treasury." Goldman Sachs s ...[more] |
| Family increases Pernod stake ahead of rights issue ) by agreeing to buy a 3.74 percent stake from Japan's Kirin Holdings (), the Paul Ricard family holding company said on Tuesday. The deal will help compensate for the dilution expe ...[more] |
| Rep. Frank pleased at Goldman TARP payback plan "I am very pleased," Frank, a Massachusetts Democrat, told Reuters. "To the extent that we have people pay it back, we should welcome that. It goes into the Treasury." Goldman Sachs s ...[more] |