Gundlach said that now is the time to buy riskier bonds as the bond market selloff is near to end. (Photo : Reuters)This is DoubleLine Capital's head Jeffrey Gundlach.
Regions
Euro loans to private sector shrinks
Loans to the euro zone private sector declined further. (Photo : REUTERS)Structure showing the Euro currency sign is seen in front of the ECB headquarters in Frankfurt European region's private sector loans declined further last month as investors gain less interest for spending.
Italian industry body predicts diminishment
Confidurista said that Italy's economy will decline further. (Photo : Reuters)The image is the Italian flag with the Parliament at the backdrop. Further contraction is expected for the economy of Italy.
Ireland's recovery slower that expected
Ireland's economy is still in recession as the end of bailout approaches. (Photo : Reuters)Ths is the flag of Ireland. The Irish economy dipped into a state of recession during the last quarter of 2012 and proceeded to contract until early this year, according to the new and revised figures posted on Thursday.
Sun Capital and Bain Capital Sell off Ownership in Toilet Maker
Sun Capital Partners and Bain Capital sell off their American Standard ownership. (Photo : Reuters)The image is the American Standard brand. Sun Capital Partners Inc had invested in the struggling toilet maker operating under the American Standard brand.
Latest News
Today, the National Stock Exchange's Wholesale Debt Market sector saw turnovers of Rs 3,202.15 crore in exactly 118 trades.
SAC Capital’s Steven A. Cohen invoked his right to the Fifth Amendment after being summoned to testify before a grand jury about insider trading in his company.
Shang Fulin, China bank system's chief regulator assured everyone they have ample money and debt risks were controlled.
Barrick Gold Corp may take a writedown of about US$5.5 billion for its Pascua-Lama venture after gold's value shrunk.
Great Pacific Industries Inc. announced a proposed takeover bid for privatization valued at C$37 billion for Sun-Rype Products Ltd.
Bank of America Corp, the second biggest bank in the US by asset announced its new investment banking vice chairman, John Binnie from Moelis & Co.
Today, Blue Wolf Capital Partners LLC announced acquisition of Suwannee Lumber Co through its affiliate Blue Wolf Capital Fund III LP.
Amgen announced an offered acquisition for biotech Onyx Pharmaceuticals at US$120 per share piece.
Many private equity firms were vying for MoneyGram which has a market value of US$1.3 billion. (Photo : )The official logo of MoneyGram, the second-largest money transfer services.
