BP Plc's recent quarterly report showed a bright investor future amid an overall glum oil and gas industry.
Sectors
Water Street Healthcare Partners sells strategic assets
Water Street Healthcare Partners sells off assets in the past three weeks. The strategic investor with special focus on the health care industry, Water Street Healthcare Partners, announced the recent sale of its outsourced pharmaceutical services firm AAIPharma Services Corp.
GO launcher files for IPO - SEC filing
A filing with the US Securities and Exchange Commission showed that the holding company of Chinese app maker GO Launcher planned to get listed on the New York Stock Exchange.
Cliffwater LLC and Virtus Investments form new advisory firm
The new venture of Cliffwater LLC and Virtus Investments would be called Cliffwater Investments. Multi manager asset management business operator Virtus Investment Partners together with leading advisory firm Cliffwater LLC announced the establishment of Cliffwater Investments LLC.
Former Co-op chief says executives have doubts over viability of Lloyds banking unit acquisition
Former Co-operative Group chief executive Barry Tootell said he and other company executives had doubts over the capability of the mutual fund to acquire 632 Lloyds Banking Group branches for USD750 million.
Latest News
An anonymous People's Bank of China (PBOC) official had met with local money dealers in the bank's efforts to stave off investor worry about rising short-term rates.
Judge Mariana Pfaelzer of the US District Court of Los Angeles temporarily approves Countrywide settlement for devalued residential mortgage backed securities.
OGX would be filing for bankruptcy should it not be able to meet interest payments to bondholders amounting to USD44.5 million.
A Wall Street Journal report cited sources who said Morgan Stanley plans to seek approval from the US Federal Reserve regarding its plans to widen its share repurchase program.
Petróleo Brasileiro (Petrobas) was reportedly nearing the completion of its Peru-based asset sale to China National Petroleum Corp (CNPC).
Electricite de France (EDF) and Veolia Environment said on Monday that both were coming close to agreeing the terms of their exit in Dalkia.
IMF department director Anoop Singh said Japan Prime Minister Shinzo Abe's economic stimulus program had helped the economy of Japan against the effects of the reduction of securities purchases by the US Federal Reserve.
Proxy advisory firm Glass Lewis believed that Thompson's role as chief executive of one of Microsoft's suppliers could create a possible conflict of interest in his position in the Board of Directors.
Customers said the breakup between McDonald's and Heinz Ketchup was stupid, according to a report on The Windsor Star.
