BlackRock, the world's largest publicly traded asset management firm, recently agreed to buy back Bank of America's remaining 7% stake in the company for about $2.5 billion. Trefis looks at why Bank of America is selling, what the buyback means for BlackRock, and what the effect will be for its stock.
As Amazon invests more in its business, its expenses have risen, putting a dent in earnings and sending its shares south. For many investors, this could be exactly the right time to buy shares.
The U.S. Treasury Department is offering up its remaining Citigroup shares, a move that marks the end of one of the federal government's largest bank bailouts. But the Treasury says it will hold out for an "acceptable price" for the 2.4 billion shares.
As 2010 draws to a close, it looks like 2011 is likely to be another wild year for the stock market. Fear not: Here are some tips from T. Rowe Price portfolio managers on how careful investors can take advantage of drops and rebounds in the coming year.
General Motors is giving some 600,000 employees, retirees and dealers the chance to purchase stock in the resurgent company as the auto giant moves forward with its initial public offering, slated for next month.
These days many developing nations offer investors faster growth and -- believe it or not -- greater financial stability than the industrialized world. In the third quarter, the volume of share offerings in emerging market countries outpaced developed nations for the first time in more than a decade.
Chrysler Group is likely to pursue an initial public offering of stock in "chunks" rather than one big offering and not until the second half of 2011, the company's chief executive said Thursday.
Wells Fargo analyst Jason Maynard expects Oracle shares to keep growing in the next 12 months as the result of its acquisition of Sun Microsystems earlier this year. The company is scheduled to report its earnings Thursday.
Cisco Systems will pay out its first dividend within the next year, the computer-networking-gear maker promised shareholders Tuesday.
Some of the best reads for investors from around the Web, including posts about the market rising in spite of the Hindenburg Omen, 10 high-yield stocks and signs we're in a depression instead of a recession.
In a welcome sign of investor confidence in an economic recovery, U.S. interest rates grew for the third day in a row as people moved funds from bonds to stocks. But will higher interest rates slow the housing market?
Pharmaceutical company Vivus is getting hammered in Friday tading, sinking more than 50% in the wake of Thursday's vote by an FDA advisory panel against approving its weight-loss drug, Qnexa, based on safety concerns.
Share in financial services company MBIA are up more than 10% in pre-market trading after Fairholme Capital Management, the investment firm headed by Bruce Berkowitz, disclosed that it had purchased an 11.1% stake in MBIA, the world's largest bond insurer.
Tesla's electric cars have amazing acceleration, but the company's stock has been moving even faster since its IPO last week. It shot up 79% in its first two days, but has since fallen below the IPO price. Venture capitalists and cleantech startups are watching carefully.
Despite the miserable headlines from BP, the week closed with the stock down less than 2%. Is all the bad news baked into the current price? DailyFinance's Dan Burrows explains why the stock could be ready to grow. (With video.)
When the Abu Dhabi Investment Authority struck a deal with Citigroup in 2007 to buy $7.5 billion in equity shares in exchange for an 11 percent dividend, it agreed to convert those shares into common stock later. Now, with Citi's stock below $4, the $30-plus per share Abu Dhabi agreed to pay is looking like a really bad bargain.
