A newspaper story says two mining companies want to buy the aluminum producer Alcoa. One company says it's not true. The other's not talking. But investors weren't listening anyway. Amy Scott reports.
All good things must come to an end: Some analysts say Wall Street's long-lived upswing is due for a correction any day now. And it'll probably happen when we least expect it.
After a string of big deals, the past weekend proved rough for mergers and acquisitions. London Stock Exchange shareholders nixed Nasdaq's bid, and Bristol-Myers Squibb and Sanofi-Aventis halted talks. Amy Scott reports.
Newsweek's Allan Sloan says the Canadian insurance company has come up with a crafty way to get money today for tax savings it thinks it'll have in the future.
Nasdaq won over less than a percent of London Stock Exchange shareholders with its hostile takeover bid. And that leaves the LSE free to pursue a partnership with Tokyo.
Carl Icahn's private equity fund has made a deal to buy the auto-parts maker Lear for close to $3 billion — at a time when parts suppliers are struggling. Amy Scott reports on what Icahn might have in mind.
Smaller investors will have a chance to get in on hedge fund action previously available only to the wealthy later this week when Fortress Investment Group goes public.
