Finance Roundtable
Finance Roundtable
The market forecasters and personal finance blogs complement the Economics Roundtable.
WSJ: Deal Journal
It just doesnt add up. American International Group Inc., which has a float of $4 billion, still owes the federal government $98 billion. That means the company’s common equity may or may not have any value. It depends on whether AIG can ever pay the government back.
Obviously some investors think ...
Does the curse of the Verizon deal live on?
Verizon Communications divestitures havent worked out too well for the buyers of the phone giants assets. Three of them — involving Idearc, Hawaiian Telecom and FairPoint Communications — have recently been either in bankruptcy or near it. (Idearc emerged from bankrutpcy as ...
Who cares about Obamacare?
No matter how that Washington D.C. drama pans out, it is clear that pharmaceutical giants still remain desperate to fill up their drug pipelines.
Tuesday night, oncology-drug development firm Facet Biotech Corp. announced it had been sold to Abbott Laboratories for about $450 million in cash or ...
Does the curse of the Verizon deal live on?
Verizon Communications divestitures havent worked out too well for the buyers of the phone giants assets. Three of them — involving Idearc, Hawaiian Telecom and FairPoint Communications — have recently been either in bankruptcy or near it. (Idearc emerged from bankrutpcy ...
The European Commission is considering a ban on certain Credit Default Swaps. The U.S. says it may follow suit with its own regulations.
But there is a softer side of CDS. These derivatives can facilitate lending by allowing investors to hedge their risk and they can help control asset bubbles, like ...
Deals of the Day gathers all the biggest news of the morning related to mergers and acquisitions, bankruptcies, financing and private equity. Deal Journal’s homepage is http://blogs.wsj.com/deals. You can see real-time updates of our posts and our favorite deal-related articles on other Web sites through our Twitter feed at http://twitter.com/wsjdealjournal.
Mergers ...Royal Dutch Shell and PetroChina jointly bid 3.3 billion Australian dollars (US$3 billion) Monday for Australian coal-seam gas producer Arrow Energy, in another sign of the surging international interest in Australia’s unconventional natural gas.
According to the WSJ article, the deal would bolster Shell’s position in the sector two years after ...
Are the shorts to blame for Greece’s problems?
It certainly sounds that way if you listen to Greek’s Prime Minister George A. Papandreou speaking at the Brookings Institution today in Washington.
An elected government, making huge changes with the consent of its people, is being undermined by concentrated powers in unregulated markets, ...
Carlyle Group is expected to name former Morgan Stanley senior executive Mitch Petrick as head of its debt-investment and capital-markets businesses, according to people familiar with the situation.
Carlyle GroupDeals of the Day gathers all the biggest news of the morning related to mergers and acquisitions, bankruptcies, financing and private equity. Deal Journal’s homepage is http://blogs.wsj.com/deals. You can see real-time updates of our posts and our favorite deal-related articles on other Web sites through our Twitter feed at http://twitter.com/wsjdealjournal.
Mergers ...