Engineering conglomerate Siemens AG aims to save 6 billion euros ($7.7 billion) over the next two years as it fights to stay competitive in a weak global economy. Siemens, Germany’s mo... Read more
A regular Citigroup Inc board meeting to talk about quarterly results took an unexpected turn on Monday night, when simmering tensions between Chairman Michael O’Neill and then Chief E... Read more
Morgan Stanley, the lead investment bank in Facebook’s troubled initial public offering, will compensate retail investors who overpaid when they bought stock in the social network site... Read more
Dell Inc is in talks to buy Quest Software Inc, the network security software maker that had earlier agreed to be acquired by Insight Venture Partners for $2 billion, Bloomberg reported, quo... Read more
Facebook Inc and banks including Morgan Stanley were sued by the social networking leader’s shareholders, who claimed the defendants hid Facebook’s weakened growth forecasts ahea... Read more
Facebook Inc increased the price range on its initial public offering an average of 14 percent to raise more than $12 billion, giving the world’s No. 1 social network a valuation poten... Read more
Facebook will pay a fee of just 1.1 percent to underwriters of its initial public offering, a source with knowledge of the company’s plans said on Monday. News that the payout would be... Read more
Facebook Inc plans to increase its $2.5 billion credit line to help cover a major tax hit when employee stock awards vest shortly after it goes public, according to two sources familiar with... Read more
Facebook unveiled plans for the biggest ever Internet IPO that could raise as much as $10 billion, but made it clear CEO Mark Zuckerberg will exercise almost complete control over the compan... Read more
AT&T said it would take a $4 billion charge in case its takeover of T-Mobile USA fails, a tacit recognition of the dwindling chances that the deal will get through U.S. regulators who sa... Read more
