Rock shareholders' revolt fails
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Northern Rock shareholders  largely vote to reject plans that could have limited the board's powers.
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No news was good news for South Africa&#39;s Harmony Gold Mining Company (NYSE: HMY) today. Over at rival and takeover target Gold Fields Limited (NYSE: GFI), a shareholder vote was held to endorse
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Shares in embattled British bank Northern Rock  tumbled 20 percent to an all-time low on Wednesday as speculation of a cut-price takeover bid combined with stake sales from two investors stoked concerns over its future.
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Lazard's board on Tuesday failed to  decide on a share sale that would end over 150 years of private  ownership at the independent investment bank but most partners  seemed to back the plan, sources close to the matter said.
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Gold Fields Ltd. shareholders rejected a plan to buy Canada&#39;s Iamgold Corp. for about $2.9 billion, fulfilling a condition of Harmony Gold Mining Co.
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Northern Rock shares have a turbulent time after a week in which its stock tumbled in the wake of a credit crisis.
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Tony O'Reilly's bid to buy one of Australia's leading media groups is thwarted after it failed to win enough support.
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Computer Associates shareholders have defeated a stockholder proposal calling for current and former executives to return bonuses based on restated results, the company said.
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JOHANNESBURG  - South African mining group Harmony has lost the latest round in a hostile takeover of rival Gold Fields when a court rejected an urgent attempt to appeal against a ruling frustrating its bid to create the world&#39;s largest gold producer
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Gold Fields Ltd. narrowly lost a key vote at a special shareholders meeting Tuesday that would have helped it fight off a hostile takeover bid by Harmony Gold Mining Co.
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The Northern Rock crisis has revealed systemic failures at Britain's financial regulator after it failed to spot the reckless behavior of the bank's directors, British lawmakers said in a report published Saturday.
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There are just two bidders left in the race to buy troubled bank Northern Rock after investment group Olivant pulled out at the last minute.
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Shares in troubled British bank Northern Rock were suspended on Monday as the group, devastated by the global credit crunch, said it would be taken into public ownership in the coming days.
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Panicky customers of Northern Rock have withdrawn Â£2 billion ($4 billion), since the bank acknowledged Friday that it could no longer raise money because of the credit squeeze.
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Business & money: Bank to see off shareholder revolt but hopes of private-sector rescue dwindle further
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Shares in troubled bank Northern Rock fell heavily on Wednesday, reversing earlier gains amid uncertainty over the group&#39;s future after two major shareholders cut their holdings.
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Northern Rock shares plunge after it seeks emergency help from the Bank of England.