May 24, 2011
International Business Machines has moved past Microsoft Corp in market value for the first time in 15 years since April 1996.
May 24, 2011
Commodities gained from the biggest fall in nearly 2 weeks after Goldman Sachs Group Inc. said it’s turning more bullish on raw materials.
May 23, 2011
The world’s second–biggest private-equity firm has announced that it has returned $6.4 billion to its investors in the first quarter as the deal-making sector bounces back.
May 23, 2011
Lone Star will once again become the biggest shareholder of Tokyo Star when Japanese private equity firm Advantage Partners returns ownership after running into debt repayment issues.
May 23, 2011
Iran’s state owned television website says it has discovered a deposit of light oil offshore of an estimated in-place reserve of 756 million barrels.
May 20, 2011
Bank of America Corp. the largest U.S. lender by assets is to sell its remaining $2.5 billion stake in the world’s biggest money manager back to BlackRock.
May 20, 2011
The global outlook for gold demand remains strong for the remainder of 2011 after another strong quarter.
May 20, 2011
Social networking website, LinkedIn Corp. more than doubled on its first day of trading on the NYSE.
May 19, 2011
Social networking site priced its IPO at the higher end $45 per share and will trade under the symbol LNKD.
May 19, 2011
The U.S. and India have announced a $50 million joint fund aimed at promoting research in clean energy technologies in a move seen as an attempt to ease their differences over how to fight climate change.