Cohen To Shed Off Staff Number As Investigation Pushes More Investors Away

Steven A. Cohen is at the brink of cutting down a number of his staff after more investors are expected to pull out their money.


Deutsche Annington Targets For Market Listing Next Month

Deutsche Annington is reportedly set for a market listing around July 4, a reliable source said on Monday.

Intercontinental Exchange Inc, NYSE Euronext Agree To Merger

Intercontinental Exchange Inc and NYSE Euronext has officially merged into a $20 billion worth company after their respective shareholders unanimously approved the deal on Monday.

IVG To Propose Restructuring Plan

IVG, the German property firm, is planning to present a restructuring plan to its shareholders for debt repayment.


Latest News

McGraw Hill Financial, the parent company of Standard and Poor's is investing further in Indian credit agency Crisil.
PPR is preparing to spin off its Fnac book and electronics stores. (Photo : Reuters)The image is of PPR CEO speaking before shareholders. The French company that owns the Gucci brand, PPR SA, is in the process of spinning off its Fnac book and electronics stores.
Exor sells off its 15% share in SGS to help in the Fiat acquisition of Chrysler. (Photo : Reuters)The image is the corporate logo of Exor, the holdings firm.
Zain Saudi has entered into an agreement with the Saudi Arabian Ministry of Finance to defer payment of mobile phone license fees to 2021.
Severn Trent rejects the new offer made by LongRiver consortium as it says it does not recognize the long term value and potential of the British water utilities firm.
Khazanah, the Malaysian sovereign wealth fund has sold off part of its shareholdings in Tenaga Nasional Bhd.
UAE's top aluminium firms merge to create a more competitive firm in the Middle East. (Photo : Reuters)The image is the factory of Dubai Aluminium.
FSA announced that Danish banks will be free to use hybrid debt instruments that has ended bank speculations on the use of equity alone to fulfill lender requirements.
The Manhattan State Supreme Court finally got Bank of America set for trail with its US$8.5 billion settlement with home loans bundled into securities.
SAC Capital Advisors LP are faced with more clients redeeming their money that is predicted to be all gone by 2014, says SAC insider.