As Japan’s nuclear crisis deepens, Wall Street may begin to focus on a small group of almost-ignored young biotechs. Known as the bio-defense group, these firms develop products that help protect the population from radiation l…
Heavy equipment manufacturer Caterpillar is marketing a two-year 1 billion renminbi bond to institutional investors in Hong Kong. It’s only the second multinational company to test the waters of the “dim sum” market, and its o…
Booz Allen Hamilton Holding has priced its IPO at $17 a share, setting its $238 million offering at the low end of its range. The offering from the management and technology consulting firm, which largely serves government clie…
Calls for a dip are understandably rising amid signs that the market is overbought. But evidence of performance-chasing, where fund managers who are lagging their peers take on more risk in hopes of outsize returns, are also mo…