Articles by Marc Castro


Latest News

Qatari investors set to purchase Printemps in full. Official documents seen by Reuters indicate that a Qatari consortium is set to do a full purchase of the French retailer Printemps.
Fund manager of BlackRock China forecasts futures for investors. According to a fund manager at BlackRock, China's industrial stocks provide good investment opportunities on select markets, such as steel mills to cement producers.
South Africa with its diminutive size has more bang for the buck. Since South Africa's inclusion into the BRIC grouping of major emerging countries, there has been a deafening silence in its ascenscion from the global invesment community.
Pension funds, seeking returns for their holders, enter into riskier ventures that can make or break them.
Reuters, using data from the Commodity Futures Trading Commision, showed funds holding positions for the long term on commodities.
Reuters has reported that gold backed exchange traded products have declined in the past few months.
CalPERS changed its portfolio from Dec 2012 to Jan 2013, focusing on bonds instead of commodities. CalPERS or the California Public Employees' Retirement System has decreased its investments in commodities futures at the start of 2013.
A poll of Japan based managers indicated that allocations have increased in both shares and bonds but decreased in cash.
At the height of the Cyprus bailout drama, investors sought safety in bonds for the meantime. According to monthly poll conducted by Reuters of asset managers, global investors grew ever more cautious this month.
The Chesapeake Energy Board picks COO Dixon as interim CEO. Chesapeake Energy Corp chose COO Steve Dixon to become its acting CEO after co-founder Aubrey K.
Through a proxy statement, Silver Lake and Michael Dell extolled the virtues of their bid as against the offers of Icahn and Blackstone.
Due to internal issues and weak market conditions, Toys R Us withdrew its IPO proposal. Toys R Us Inc formally withdrew its initial public offering proposal last Friday.
Glass Lewis, the second largest proxy firm in T-Mobile, has voiced its opposition to the standing merger with MetroPCS.
For failing to account for minority stockholder's interests, A1 is filing a suit against the Tele2 board for accepting a lower offer than what they tabled for the company.
Hoping to maximize the wave of increased health care demand in Asia, Sanofi is building a new factory in Vietnam.
Despite the criticisms, the Hong Kong government is now making company director information private.
ISS has advised its shareholders to reject the proposed merger as it is biased against T-Mobile allowing more options for MetroPCS in the long run.
NEC is in discussion with Lenovo and other buyers as to the possibility of divesting its mobile phone business.
The Aamjiwnaang and Bkejwanong First Nations buy a fifty percent stake in Grand Bend Wind Farm. A fifty percent stake in a wind energy project in Ontario was sold to Native Indian groups.
Pfizer acts on Celebrex and Bextra subject to shareholder class action suit. The world's biggest pharmaceutical firm now needs to face investor allegations that executives misled them about the athritis drugs Celebrex and Bextra.
The shareholders of Cole Credit seeks injunction against planned merger. The shareholders of Cole Credit Property Trust III have filed a suit in a Maryland court to issue an injunction on the planned internal merger.
The goal to boost capital base of Santander questions its ability to maintain its financial strength.
Tanjung's CT Corp is offering to purchase all of Visi Media Asia from the Bakrie family. One of Indonesia's rising conglomerates CT Corp has offered an all-cash deal for the controlling stake in PT Visi Media Asia.
French oil giant Total will be selling off to Suncor its shareholdings in the Voyageur Upgrader joint venture project.
The IPO market is growing again in North America and Europe. Globally, initial public offerings raised US$20 billion in the first quarter of 2013. The growth of this financial area was buoyed by rallies in different stock markets to sell businesses.
Japan, with its ever increasing demand for LNG, plans to create an LNG Futures listing with the Tokyo Commodities Exchange.
The judge over the settlement agreement between SAC Capital and US SEC is having second thoughts with a few provisions.
With financial packages for as low as US$10 million, Cerberus is offering assistance to firms seeking to purchase low cost foreclosed homes.
Fisker Automotive has hired the law firm Kirkland and Ellis to review its bankruptcy options. The green car manufacturer that has undergone financial losses with losses at the NY/NJ Port area as well as funding issues Fisker Automotive is now mulling seeking bankruptcy protection.
Joh A Benkinser has offered to purchase DE Masters Blenders for Eur6.4 billion. A Eur6. 4 billion buyout bid was made by Joh A Benkiser, a German investor for D.
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