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Archive for 'legal'

Fidelity to sell shares of KKR IPOs

June 8, 2009

Boston mutual fund giant Fidelity Investments and New York private equity firm Kohlberg Kravis Roberts & Co.() have struck a deal to sell shares […]

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Vanguard guru calls for reforms in funds

June 1, 2009

CHICAGO — Capitalism in the United States needs an overhaul, one that returns a sense of responsibility and integrity to executive suites, boardrooms and […]

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Automakers to lose $2.1B this year, board says

May 26, 2009

Canadian automakers will lose about $2.1 billion this year and the red ink will continue to flow until at least 2011 as the industry struggles […]

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Chrysler widens buyout offer

May 20, 2009

Chrysler LLC has expanded its buyout and retirement programs for hourly workers at eight facilities it plans to permanently close, including two plants in […]

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Rosetta Stone IPO prices above estimate range

April 19, 2009

Rosetta Stone Inc shares priced at $18 in the company’s initial public offering, above the estimate range, a source with direct knowledge of the […]

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IBM cutting jobs across Canada

March 28, 2009

IBM Canada Ltd. is cutting an unspecified number of jobs across the country, according to a spokesman for the computer and software company.
Mike Boden […]

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China to Keep Buying Treasuries, Top Official Says

March 24, 2009

China’s top foreign-exchange official said the nation will keep buying Treasuries and endorsed the dollar’s global role, supporting the U.S. as the Obama administration […]

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Barclays confirms talks on potential iShares sale

March 16, 2009

British bank Barclays Plc confirmed it had discussed selling its iShares unit, sending its stock sharply higher on Monday on hopes it will be […]

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Markets fall sharply on GM worries, financials

March 6, 2009

Stock markets sold off across the board today with financials especially hard-hit on U.S. downgrade worries while there was a sense of letdown that […]

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Analyst predicts bad year for semiconductors

March 2, 2009

The semiconductor market’s fall has been dramatic, and it will continue through 2009 and beyond, according to market research firm In-Stat.
The Scottsdale, Ariz.-based company is […]

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