Independent debt advisory firm Tomorrow Partners offered a new high yield advisory service. A self-regulating debt advisory company initiated a high yield advisory service to foil its debt advisory services currently in operation.
Industry
Deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Monday The following bids, mergers, acquisitions and disposals were reported on Monday: - Chinese state oil firm CNPC will buy a stake in Kazakhstan's giant Kashagan oil project, through back-to-back deals with Kazmunaigaz through which ConocoPhillips will exit, the Kazakh state oil firm said on Monday.
Stocks rally on third quarter with 12.6% gain
United States' manufacturing activity improved while construction costs hit a four-year high on third quarter's kick off.
US drug fims vying for Celesio's stakes
McKesson Corp and Cardinal Health Inc are in talks with Celesio for its stakes, two sources said. (Photo : )The photo shows Celesio's, a German drugs company, official logo.
Lockheed Martin presents new global unit
Lockheed Martin launched an international arm that will be led by Patrick Dewar, corporate strategy and firm development executive.
Latest News
Global shares gained after the metal industry and the yen weakened. (Photo : Reuters)This is the facade of the Bank of Japan. Global shares increased as the metal industry weakened.
Tribune Co would acquire 19 local TV stations worth US$2.73 billion after getting financed by 5 firms.
Sony Pictures entertainments experiences its second summer box office let down at the heels of Loeb's proposal to spin off the company.
Baruch Global Macro Fund to shadow strategies set by Gerard Satur. (Photo : Reuters)Former UBS Trader turned to investors to set up Baruch Global Macro Fund Gerard Satur, former UBS AG (UBSN) trader raised worth AUS $10 Million from various investors to form a global macro strategy group which will commence operations within day.
Ocean Yeild's initial IPO was cut and now attracts more potential buyers. (Photo : Reuters)The image shows a ship dry docking at a port. The price cut for the initial offer for Ocean Yield caught the attention of potential buyers due to the noticeable cut in the price.
The European Union accused 13 investment banks for conniving against rivals in the credit derivatives industry.
The 17 nations in Euro zone suffered from recession. Unemployment was high but inflation rate remains up.
Mark Carney, the bank of England's new governor was urged to set aside GBP1 billion for small businesses to ais in UK's recovery.
Banks leaving Switzerland due to the loss of secrecy in the banking transactions. (Photo : Reuters)The image is a bundle of 100 Swiss francs. Switzerland, the former Mecca for European lenders when it comes to private banking is now hurt with the change in banking secrecy and the rise in compliance.
