Hedge funds managers with exposure to Greek stocks and warrants face an uncertain wait ahead of Sunday’s referendum, after being unable to get their money back or easily value their funds this week.
The iron-ore market is discovering why the archenemy of high commodity prices is, well, high commodity prices.
Away from Greece, the eurozone, and Germany in particular, is enjoying the benefit of ultra-low bond yields.
The U.S. job market sits at a crossroads six years into a fitful economic expansion: Hiring is strong, but weak wage growth has failed to pull millions of would-be workers off the sidelines while prompting others to drop out of the labor force.
Government plans to sell Lloyds shares to the public will mean financial gains for a lucky few but political insurance for the bank.
Noble Group has been busy buying back its beleaguered stock. That risks weakening the more important fight: defending its credit.
Activism-defense specialist William Anderson is leaving Goldman Sachs for Evercore Partners, according to people familiar with the matter.
The acquisition of Chubb by ACE likely signals the start of a merger rush for U.S. insurers. AIG isn’t likely to join in.
An improving job market is giving Americans the wherewithal to keep buying more. But things aren’t so good that spending is about to really rip.
The Justice Department is probing airline expansion practices. But cheap valuations will allow shareholders to be patient.