Sprint overthrows US$3.40 bid per share of Dish to a US$4.40 bid per share for Clearwire. (Photo : Reuters)People passing by a Sprint store in NYC. Sprint Nextel Corp has urged Clearwire Corp to reject the offered bid made by Dish Network.

AIG, GE Capital and Prudential Financial confirm receipt of notification for regulatory oversight. (Photo : REUTERS)American International Group Inc, the insurer rescued by the U.

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.

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.

At age 69, the UBS wealth management senior vice president George Weiler III died after suffering a heart attack.

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.

London's luxury homes experience the smallest gains since 2009 as the decline was listed at 0.3% from December of last year.

SAC Capital Advisors LP are faced with more clients redeeming their money that is predicted to be all gone by 2014, says SAC insider.

Brent Crude trades lower than US$100 per barrel after OPEC keeps its production target constant. (Photo : Reuters)A gas station employee filling up a vehicle.

Shanghui International Holding Ltd. stated its key to success from acquiring Smithfield Food Inc. Wan Long, the chairman of Shuanghui International Holdings Ltd.

Capital spending for Japan slides off to a 5.2% rate in this year's first quarter making Abe face challenges of restoring pledged private investment.

DBS Group Holdings Ltd. has extended the deadline to takeover PT Bank Danamon Indonesia from Temasek Holdings PTE.

Dubai shares moves up to its highest since 2008 and could end up being reclassified by HSBC to emerging market status.

Nigeria sees the decrease on US oil sales imports as a chance for the country to have more oil industries opened.

China is directed to a more stable economy as President Xi Jinping announced manufacturer expansion.

SAC Capital Advisors LP is bracing for more than US$3.5 billion redemption notices from outside investors.

HSBC is planning to sell off shares totalling of 98.94% of its stake with the PT Bank Ekonomi in Indonesia.

Erajaya Swasembada and Foxconn Technology Group are said to be discussing a deal of partnership for the Indonesian market.

The Kingdom Hotel Investment sells a hotel in Mauritius to Hawaiian-based Outrigger Hotels and Resorts.

Japanese firm Mitsubishi plans to buy a majority stake from the Brazilian grain company, Los Grobo Ceagro.

Kinder Morgan Energy Partners LP has announced the cancellation of a $2 billion worth of project for Freedom oil pipeline.

US stocks were sold off yet government bond yields increased. With the rising sentiments of consumers about the Federal Reserve's next step, the US stocks that were sold and the bond yields from the government increased.

The US Treasury has announced suspension of pension funds to raise its debt limit. The US Treasury announced last Friday the suspension on pension funds payment.

Dell urges its shareholders to support founder/CEO Michael Dell's buyout proposal. Dell Inc. has called on to its shareholders for the approval of a $24.

Hulu received a hefty number of bidders giving bids of more than a billion for a piece of it. More than $1 billion was offered by DirecTV and two other bidders.

Held in Yokohama, the Tokyo International Conference of African Development gave a $32 billion fund to aid the economic development of Africa.

Digital currency companies are rushed to comply with anti-money laundering acts after Liberty Reserve gotten held up for an alleged money laundering scheme.

With the ongoing insider probe, more investors are pulling out their investments from SAC. With tremendously huge $3. 1 billion client money, Magnitude capital started getting back its funds during the first quarter of the year.