World Bank President Jim Yong Kim addressed the aims of the global lender to reduce poverty. (Photo : Reuters)President Jim Yong Kim of World Bank, gives a lecture on global creditor's goals.
North America
Second Summer Box Office Disappointment for Sony As It Eyes Company Spin Off
Sony Pictures entertainments experiences its second summer box office let down at the heels of Loeb's proposal to spin off the company.
Tribune set to become number one commercial station
Tribune Company buys Local TV. (Photo : Reuters)This is the logo of Tribune. Tribune Company announced today that it has agreed to buy Local TV holdings, LLC.
Relational’s Funds to Gain Up to 33% on HP, Timken
Relational Investors LLC received 25% and 33% in their fiscal year and announced company consolidation process to turn the mid-cap and large-cap into one a single fund.
IPOs Double to U$42 Billion Prior Market Reversal Curbing Sales
Initial public offerings were raised to US$42 billion in the second quarter from the previous US$20 billion made during the first quarter.
Latest News
The IPO of Associated Materials is well on its way as it chose the banks to manage the sale. (Photo : Reuters)The image is a home building store. The plan to introduce shares of Associated Materials to an IPO is well underway as buyout firm Hellman & Friedman LLC has picked the banks to manage the home building materials manufacturer's share sale.
Noodles & Co increased above its price range during the first day of trading and sold 5.36 million shares valued at US$18 per share piece yesterday.
The U.S. Conference of Mayors said President Barack Obama's financial plan would hurt the economy.
TrimTabs has reported losses amounting to US$47.2 billion for bond mutual funds and bond ETFs. (Photo : Reuters)The image is the gold inset sign of Wall Street.
Closed end funds are increasing in number and value, with 24 funds launched having US$10.5 billion in portfolio value.
Many investors are divesting their bond holdings because of current economic conditions. (Photo : Reuters)The image are two bond traders on the floor of a stock exchange.
Outflows continue in record breaking fashion, as a total of $23 billion, the biggest since 1992, was reported.
Energy Futures is seeking court intervention to dismiss the suit filed by Aurelius against the firm.
Sun Capital Partners and Bain Capital sell off their American Standard ownership. (Photo : Reuters)The image is the American Standard brand. Sun Capital Partners Inc had invested in the struggling toilet maker operating under the American Standard brand.
