Ownership clarification lifts prices of group companies by 5.5%
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MUMBAI: Mukesh Ambani, chairman of the $11.5-bn oil-to-fabrics conglomerate Reliance Industries, has finally broken his silence over the media speculation surrounding reported differences between him and his younger brother, Anil Ambani, the companyâs
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Business & money: Shares in the supermarket group soared by almost 5% after the State of Qatar announced it now owned 25% of the supermarket giant's shares.
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Sears, Roebuck and Co. S.N shares  rose 5 percent on Thursday on continued investor enthusiasm  over the value of the retailer's property after last week's  disclosure that a real estate investment trust has more than a  4 percent stake in the firm.
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Share prices for a recently spun-off part of Arlington mortgage banker Friedman, Billings, Ramsey Group rose nearly 6 percent yesterday, the firm's debut as a public company.
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The US sports tycoon Malcolm Glazer last night kept his Manchester United bid hopes alive by wading into the market and buying a further 6 per cent of the club, lifting his stake to 25.
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Mortgage insurers' shares rose on Wednesday as investors saw them benefiting from regulatory moves that will boost their business.
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Britain's biggest insurance group said Wednesday that group sales surged by more than a fifth in 2007, boosted by a robust performance overseas.
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Federal Reserve officials raised a key short-term interest rate Tuesday for the fifth time this year, and indicated they will gradually move rates higher next year to keep inflation under control as the economy expands.
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LONDON -- Shares in Reuters Group PLC rose Thursday on speculation that its part-owned stock-trading network Instinet Group Inc. is up for sale.
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LONDON: Manchester United received a bid approach on Monday that boosted their shares by over 5% as industry sources said US sports tycoon Malcolm Glazer planned a bid of over Â£650mil.
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NEW YORK -- Mortgage rates have jumped this week, propelled higher by news of strengthening in the economy. Rates on 30-year fixed-rate mortgages are averaging 5.82 percent in the new survey from mortgage company Freddie Mac.
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The company's shares have recovered from legal settlement sticker shock.
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Aramark Corp., the world&#39;s third-largest food service provider, said Tuesday that its board approved a 10 percent increase in the company&#39;s quarterly cash dividend to 5.5 cents per share, or 22 cents annually.
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The transaction, between the company and a group of private investors, would be one of the biggest deals to take a company private
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The Bank of England is expected to hold rates at 5.5% after its latest meeting, but a rise remains a possibility.
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The valuation on this company's shares has risen to mythical proportions.
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This industrial group is reporting strong results, but are the stocks a buy?