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When China’s Cnooc Ltd. (NYSE: CEO) made its offer of $15.1 billion to acquire Canada-based Nexen Inc. (NYSE: NXY), the offer quickly brought to mind Cnooc’s failed 2005 $18.5 billion offer for...
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While M&A activity might be slower this year than it was last, there is one buyer that has picked up the pace. Actually, a number of buyers from one country: China. And their sights have been...
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Apple (NASDAQ: AAPL) blames poor earnings on slow sales in anticipation of the iPhone 5 and a sluggish economy. (Reuters) The Federal Reserve searches for new ways to help the sagging economy....
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The three major US stock indexes opened lower this morning as Spanish 10-year bond yields rose sharply above 7% (our coverage here) and German magazine Der Spiegel published a story that suggested...
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Photo by Spencer Platt/Getty ImagesThe stock market is solidly down in Monday morning trading, with more fear over European debt. The Dow Jones Industrial Average is down 1.79%, the Nasdaq is down...
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China’s largest offshore oil and gas company, CNOOC Ltd. (NYSE: CEO), has agreed to acquire Canadian oil and gas firm Nexen Inc. (NYSE: NXY) for $15.1 billion in cash, or $27.50 per share. The...
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Altera Corporation (NASDAQ: ALTR) Cut to Neutral at Citigroup. Bank of...
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Updated throughout the day. The NYSE (NYSE: NYX) wants a fee from Nasdaq (NASDAQ: NDAQ) to begin M&A negotiations to be paid in the event that a transaction is blocked for antitrust reasons...
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Plains All American Pipeline LP (NYSE: PAA) is raising cash. The LP grew the size of the offering and this discount appears to be about 2%. The oil and nat-gas transporter and storage facility...
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These are some of the top analyst downgrades or cautious research calls we have seen this Tuesday morning before the market opens: Accenture (ACN) Cut to Hold at Argus. Freeport-McMoRan (FCX) Cut to...
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The FT reported that Canadian oil company Nexen (NYSE:NXY) is being courted by France’s Total SA (NYSE:TOT). Total could be preparing a bid for as much as $16 billion for the Canadian company....
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