Prime Group Shares Fall on Cancelled Deal
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Shares of Prime Group Realty Trust were down 8.6 percent in Thursday morning trading after the company announced late Wednesday that Prime/Mansur Investment Partners LLC wasn&#39;t able to obtain financing in order to acquire Prime Group.
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Leading shares have closed down, albeit off lows, after a quiet afternoon session due to the lack of trade in the US for Thanksgiving, with Kelda Group the main casualty on the back of bearish broker comment, dealers said.
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Leading shares closed lower after Marks and Spencer lost nearly 20 percent of its value after revealing it had endured its worst quarterly performance in several years, while BP was on the back foot after analysts slashed forecasts.
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Shares in newly public Google Inc. fell 2 percent on Wednesday as investors braced for the expiration of a lockup period that has kept insiders at the Web search company from selling stock.
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Shares of GenCorp Inc.  fell 5.6 percent before the opening bell on Monday after investment fund Steel Partners withdrew its proposal to acquire the aerospace and real estate company.
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Arm Holdings shares slumped 18pc yesterday after the semiconductor designer unveiled a surprise cash and shares deal to buy US technology firm Artisan Components.
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Leading shares closed a touch lower Monday as Wall Street was also negative amid disappointing factory data and after severe declines in Chinese stocks, with property sector losses weighing on UK blue-chips.
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Leading London shares closed lower as drugmaker AstraZeneca suffered a heavy blow following a negative EU ruling on one of its patents.
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TORONTO (CP) - Shares of Iamgold fell more than 10 per cent after its proposed merger with Gold Fields Ltd. was thrown into doubt Monday as South Africa&#39;s Harmony Gold Mining Company Ltd.
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Business & money: Index of leading UK shares falls to lowest level since credit crunch began last August
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Deal is delayed as private equity group has trouble finding financing.
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Shares in UK buy-to-let mortgage lender Paragon Group slump more than 25% as escalating worries over the credit squeeze spreads.
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Shares in insurance company AXA Asia Pacific have tumbled after a takeover offer from its French parent company was rejected by the Australian directors.
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Shares of Marsh &amp; McLennan Cos. (MMC.N: Quote, Profile, Research) fell an additional 10 percent Monday after the insurance broker canceled an investor call to explain the financial
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The companyâs shares plunged 15.9 percent to a nearly four-year low of $10.36 in morning trading after its net profit fell 84 percent in the fourth quarter.
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Shares down after company shutters home lending operation.
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Shares of Macerich Co. ended lower Thursday, retreating in the aftermath of the real estate company&#39;s agreement to acquire Wilmorite Properties and Wilmorite Holdings for more than $2.33 billion.