Maersk’s top shareholder to buy Sweden engine part maker for $843 million
The lead shareholders of shipping giant AP Moller-Maersk agreed to buy Swedish engine part maker Concentric for 8.58 billion Swedish krona ($843 million).
This week’s aggressive Fed rate cut could provide some breathing space for distressed companies, notes one bankruptcy attorney.
Investors are mulling strategies beyond cash on expectations that interest rates will continue to fall after the Fed’s big rate...
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on results.
Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear giant.
It’s that time again: Investors will see option contracts tied to more than $5 trillion in tradeable stocks expire on...
Mortgage rates inched up even though the Federal Reserve cut interest rates. Experts explain why this is a short-lived phenomenon.