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09 Nov

CF Industries Rejects 'Final' Agrium Bid

CF Industries spurned Agrium's latest hostile takeover bid on Friday, saying the offer from the rival fertilizer maker "continues to substantially undervalue the company." ...


Blackstone Reports $275 Million 3rd-Quarter Profit

The Blackstone Group on Friday reported a $275 million profit for the third quarter, as the giant publicly held private equity firm bounced back from the depths of the financial crisis last year. ...


Mittal Daughter-in-Law to Buy Bankrupt Escada

The daughter in law of Lakshmi Mittal, the billionaire steel magnate, has agreed to buy the fashion label Escada months after the company filed for bankruptcy. ...


S.E.C. Appoints Hedge Fund Veteran as Adviser

The Securities and Exchange Commission on Thursday named Richard Bookstaber, a veteran hedge fund executive whose 2007 book predicted a financial crisis arising from financial derivatives, as a senior policy adviser. ...

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Citi Said to Eye Relaunch of Hedge Fund Unit

Citigroup is preparing to relaunch its hedge fund business operations, after months of debate on the unit's future, The Financial Times reported. ...


Ancestry.com Jumps in Debut

Ancestry.com shares climbed in their first day of trading Thursday after the genealogy Web site's initial public offering priced in the middle of the expected range. ...

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