The US government inked a USD 4 billion missile defense contract with Lockheed Martin. Pentagon announced that it had finalized a deal with weapons contractor Lockheed Martin to provide more missile defense equipment to the US and the UAE.
Investors
Anti-Wall Street sentiment persists- poll
A Reuters/Ipsos polled showed Americans still harbored grudges against Wall Street five years after the fall of Lehman Brothers.
Capital and loan-loss provisioning of Chinese banks- factbox
Chinese authorities warned potential problems the Chinese banks could face if they don't beef up their capital requirements but Factbox figures from Reuters revealed a different scenario.
Philippines works to lure more Chinese investors
The Philippine government presented opportunities for investments in the country to Chinese investors at the CAEXPO.
Crescent Real Estate Holdings exits properties to ride the real estate market rebound
Crescent Real Estate Holdings sold the properties it had bought in 2009 to ride the real estate market recovery.
Latest News
A Reuters report revealed that new independent power supplies in Japan were giving large monopolies a run for their money.
Hedge funds that gambled on Lehman Brothers expected huge payouts as administrators finished recovering assets.
A Reuters analysis revealed that Beijing was looking to private capital to strengthen the balance sheets of Chinese banks.
European Commissioner Algirdas Semeta said work would continue on the proposed financial transaction tax.
Blackstone paid Crescent Real Estate USD347 million for Hughes Center complex. One of the largest office owners in the United States, the Blackstone Group, recently purchased another property, specifically the Hughes Center complex located in Las Vegas, NV.
The Federal Trade Commission stamps seal of approval for the acquisition of Arbitron, the radio audience measuring firm, by Nielsen, the television measuring giant.
The Commodities Futures Trading Commission had announced the approval of the applications to operate swap execution facilities for TruEX Group LLC and IntercontinentalExchange Inc.
JP Liquids LLC announced the acquisition of Highway Pipeline Inc's assets through an agreement recently formalized.
Due to the lack of competitive offers, Starboard Value throws its support behind Shanghui's bid for the takeover of Smithfield.
