A student at Wake Forest University and his investment banker brother say they are bringing fantasy gaming to the finance industry. Lee Lowden, a Wake Forest senior, and William Lowden, who is a graduate of WFU, have co-founded Stock
Citigroup Inc said it has overhauled the executive pay plan that shareholders rejected last year to better tie bonus payments to stock performance and profitability. The company, in a filing Thursday afternoon, also said the company is …
The stock and cash merger puts an approximate value of $23.3 billion on the deal — and reflects a 24 per cent premium on Virgin Media’s closing share price on February 4. Reuters notes that the purchase price is around $15.75 billion but ...
Ingram Micro Inc. shares rose 12.6% Tuesday, adding to Monday's 8.3% gain, as investors focused on the battered Santa Ana technology distributor's nearly 1-million-share stake in Japan's Softbank Corp. "Softbank has had a tremendous run …
A conservative local group on Thursday demanded Florida Gov.-elect Rick Scott to unload the stock that he owns with an online magazine and social networking site that has ties with Playboy. The Christian Family Coalition pointed out on …
Talk of a takeover of Sprint Nextel by Deutsche Telekom sent the German company's shares down 1.4 percent and boosted the U.S. mobile operator's stock by 11 percent in pre-market trade on Monday. Such a deal would vault …
NEW DELHI — The BRICS group of emerging world powerhouses — Brazil, Russia, India, China and South Africa — is set to outline plans at a summit this week for a joint development bank, while the five countries’ stock exchanges will also …
Professional stock trader Phil Gurian discussed the recent controversy surrounding him and his alleged ties with the mafia and with aviation security company HiEnergy Technologies Inc. of Irvine, Calif., in an exclusive two-hour interview with …
TIE RACK, the high street retailer, issued its fourth profits warning in little more than a year yesterday when it said pre-exceptional losses for its full financial year would be around pounds 7.5m. Brokers had been expecting losses of …