Reich & Tang is utilizing the benefits of floating rate instruments as it takes it stance on improvement investment strategy.
Articles by Edward B. Doong
Latest News
Investors in Spain have been focusing on bond sale, saying that they are not worried over the turmoil in Cyprus.
Several hoaxes on stocks have emerged from the social media site Twitter as investors use the site as source of stock information.
Investors of Commodity exchange-traded funds (ETFs) are shifting their interest to funds with broad commodities exposure.
CBS is expected to offer $100 million for One Equity Partners' stake in TV Guide Network, sources cited.
P. Schoenfeld Asset Management or PSAM is now raising questions on the proposed merger of MetroPCS Communications Inc. and T-Mobile as it vetoes the deal.
Barclays has decided to declare a 14.2 percent stake in Dutch cable company Ziggo following its failure to find enough buyers for the shares in a sale.
French insurer AXA is now finalizing the sale of the majority state in its private equity arm to a group of investors in a deal worth about 500 million euros.
Greece has reached a deal to purchase local units of Cypriot banks in a bid to save Greek banks from the crisis.
Ketchup manufacturer H.J. Heinz is seeking fund for its acquisition by Berkshire Hathaway and 3G Capital as it expands its high-yield bond sale and decides to tighten price guidance.
Telecom group Vimpelcom is tapping UBS to supervise the sale of its Canadian unit Wind Mobile, which is being valued between $500 million and $1 billion.
First Quantum Minerals Ltd. says it has enough support from its shareholders to buy rival Inmet Mining Corp. in a C$5.1 billion deal.
Schroders reveals that it was planning to acquire smaller rival Cazenove as it sees rise in its assets.
BP is set to return $8 billion to investors using a share buy-back programme after it promised last October to offset any dilution to earnings per share from TNK-BP Sale.
Temenos, a Swiss financial services software provider, said it completes its acquisition of U.S.-based compliance technology firm TriNovus in addition to its 800 institutional clients.
Dmitry Avdeyev, Rosneft's chief financier, steps down from the position after the Russian oil producer said that it had completed its acquisition of TNK-BP.
Pantaloon has agreed to shed off its 22.5% in a life insurance venture it has with Italian Assicurazioni Generali.
Centrica is in talks with U.S. LNG Players to secure UK long-term liquefied natural gas import deal.
Private equity companies are calling to the Japanese government for the limited role of the country's two largest government funds which have been successful in taking over companies.
Coca-Cola Hellenic's plan to shift its base to Switzerland from Greece has been approved by authorities.
Hon Hai Precision Industry Co. Ltd. said that it will not pursue its investment in Japan's Sharp Corp. by a deadline set on March 26 after both companies failed to revise an earlier agreement, the Asahi newspaper said.
Klaus-Michael Kuehne,Hapag-Lloyd's co-owwner,told that the company and its merger partner Hamburg-Sued will be having equal rights for the combined company.
The U.S. largest auto supplier is rejecting speculations that it is planning to sell its automotive interiors business, saying it is actually looking forward for the sale of automotive electronics unit.
CME Group Inc.'s chief financial officer James Paris says that they are open to potential mergers and acquisitions if opportunities for shareholder value were to arise.
The Canadian Radio-television and Telecommunications Commission (CRTC)is set to open public hearings on May 6 on BCE Inc.'s C$3 billion proposal to buy Astral Media.
The New York-based company has appointed two veterans to develop and boost its developing client franchise in Brazil.
Kroenke Sports & Entertainment LLC has delivered a counter $8.75 per share proposal to buy Outdoor Channel Holdings, which had already received offer from rival Leo Hindrey's InterMedia.
The Turkish flag carrier is still in negotiation with Airbus and Boeing over its plan to order a number of narrow-body aircraft as it aims to increase the number of increase smaller plans this year.
South Korea's Samsung will be acquiring 3% Share in one of Apple Inc.'s Asian key display suppliers, Sharp Corp., as it dominates in overseas markets.
The bids for the buyout sale of energy metering company Ista, worth around 3 billion euros, are set for the week of March 18