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P.F. Chang’s China Bistro Inc., the U.S.’s largest Asian full-service restaurant chain by market share, was sued over a $1.1 billion buyout bid by Centerbridge Partners LP that is designed to take the company private. New York-based ...
May 23, 2012 at 21:42 | Source: Bloomberg
Away from the headlines over its huge trading losses, J.P. Morgan Chase & Co. continues to beef up its presence in China. As Dow Jones Newswires reports Monday, the bank said it has injected an additional 2.5 billion yuan ($395 million) into ...
May 28, 2012 at 03:57 | Source: Wall Street Journal
NEW YORK (Reuters) - Single-family home prices edged higher in March, the second month in row of gains, adding to signs the housing market is stabilizing, a closely watched survey said on Tuesday. The S&P/Case Shiller composite index of 20 ...
May 29, 2012 at 13:57 | Source: Reuters
P&G Welcomes Former EPA Executive Steve Owens to Its U.S. Sustainability Expert Advisory Panel Business Wire CINCINNATI -- May 29, 2012 The Procter & Gamble Company (NYSE:PG) today announced former EPA Assistant Administrator Steve Owens as the ...
May 29, 2012 at 12:31 | Source: Bloomberg
In the latest sign of the depths of trouble in the solar industry, Standard & Poor’s today reduced its debt rating on MEMC Electronic Materials, which produces polysilicon for the chip and solar sectors and develops solar projects, to junk status.
May 24, 2012 at 20:15 | Source: Forbes
NEW YORK (Reuters) - Ratings agency Standard & Poor's cut the ratings on five Spanish banks on Friday, another blow to the country's ailing banking sector as the nation's deteriorating finances rattle global investors. But S&P left unchanged its ...
May 25, 2012 at 17:58 | Source: Reuters India
J.P. Morgan is still splashing across the headlines, a full two weeks after revealing big trading losses. And its shares are still falling. Nearing the end of trading Friday, the nation’s biggest bank was on the verge of turning negative for ...
May 25, 2012 at 19:53 | Source: Wall Street Journal
BEIRUT (Reuters) - Ratings agency S&P cut its outlook on Lebanon's long-term sovereign credit rating to negative from stable on Monday and said government stability and the currency peg to the dollar could be threatened if unrest in Syria fuelled further ...
May 29, 2012 at 06:12 | Source: YAHOO!
As Washington intensifies its scrutiny of the initial public offering of Facebook, the company’s bankers are facing questions about whether the process — even if perfectly legal — was fair. The concerns center on Morgan Stanley, Goldman ...
May 24, 2012 at 01:46 | Source: New York Times
Los Angeles, CA – Los Angeles Dodgers pitcher Ted Lilly will reportedly miss his scheduled start on Tuesday against the Brewers. The team has not released any information on whether Lilly is injured or not, but the Los Angeles Times is ...
May 28, 2012 at 19:49 | Source: FOX News