Pershing Square Holdings, the publicly traded security of Bill Ackman’s activist hedge fund, extended annual losses last month to 19 percent as investments in Valeant Pharmace ..
Bank of America Corp, the No. 2 U.S. bank, has agreed to sell its $87 billion money-market fund business to BlackRock Inc in one of the cash-management industry's largest ..
Video game maker Activision Blizzard (ATVI.O) will buy "Candy Crush Saga" creator King Digital Entertainment (KING.N) for $5.9 billion, as the heavyweight of console ..
GlaxoSmithKline's chief executive declined to comment on Tuesday on a report that Pfizer had approached the British drugmaker about a possible takeover in recent weeks bu ..
Sprint Corp. (S) on Tuesday reported a loss of $585 million in its fiscal second quarter. The Overland Park, Kansas-based company said it had a loss of 15 cents per share. Los ..
The mutual funds with the biggest bets on shares of Elon Musk's Tesla Motors explain why they are still in love with the electric-car stock. ..
Zurich-based UBS said difficult macroeconomic conditions, including slowing growth in China, as well as uncertainty over interest rates and stricter capital rules outlined las ..
Just before Bill Ackman gave a presentation on Friday to defend one of his biggest investments, Valeant Pharmaceuticals, from allegations of accounting and insurance fraud, he ..
Fiat Chrysler's U.S. sales rose nearly 15 percent last month as the auto industry steered toward its best October in 14 years. The Italian-American automaker reported sal ..
In theory, an initial public offering (IPO) is a chance for ordinary investors to share in the success of a big, growing company. Got a hunch that Uber will continue its meteo ..