Earlier Friday in London trading, shares of BP gained on rumors the largest oil company in the world, Exxon Mobil, is considering a bid for the oil company responsible for the largest oil spill in the U.S., Reuters reported.
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BlackRock’s stock price fell sharply on Wednesday morning after the global investment management firm confirmed that Bank of America and PNC Financial Services would sell 42 million of its shares in a secondary offering.
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It was a busy morning at IBM. The computer giant’s board of directors authorized an additional $10 billion for the company’s stock repurchase program and declared a regular quarterly cash dividend of 65 cents.
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Walgreen Chief Financial Officer Wade Miquelon was arrested on drunk driving charges last month — his second such arrest in a little more than a year. The drugstore chain calls it a personal matter, but when it comes to execut…
Food giant Sara Lee saw its shares surge over 18% in premarket trading Monday after the New York Post reported the company turned down a $12 billion buyout offer from private-equity company KKR & Co.), citing unnamed sources.
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