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Caesars Prices Offering at $9 a Share
Caesars priced 1.81 million shares of its stock at $9 a share to raise around $16.3 million, a small amount but one that opens the door for some investors to cash out.
Blue Chips Hit a Yearly High
Blue chips closed at a fresh multiyear high as investors saw progress in Greece over austerity measures to address its debt crisis.
Investors Squawk at Xstrata's Big Deal
Large shareholders of Xstrata came out against the company's plan to merge with Glencore International, highlighting what could be a difficult task selling the giant deal to shareholders and regulators.
Cambodia's Developers Aim at Stars
A high-rise building boom in Cambodia's capital city, Phnom Penh, derailed by the 2008-2009 financial crisis, is starting up again.
Concession Smooths Way Toward a Greek Debt Deal
The ECB has made key concessions over its holdings of Greek government bonds, which will contribute to a reduction of the country's debt burden and smooth the path toward a new bailout deal.
Groupon Must Deal With Growing Pains
As Groupon CEO Andrew Mason leads his first earnings call, the hard work may just be starting for the newly public company. Groupon has to prove its business isn't just a fad and that it can make money.
It's Hardly a Ball for 11 Times Square
The risks of speculative office building are obvious at the 11 Times Square skyscraper. More than a year after it opened, the 1.1 million square-foot building is about 60% empty and unleased.
Canadians Dish Out U.S.-Dollar Debt
Investor hunger for top-rated sovereign debt prompted the Canadian government to launch a rare U.S.-dollar bond, capitalizing on the country's status as one of the few havens in these turbulent times.
Goldcorp Chairman Cited in Insider Probe
Canadian regulators said the chairman of one of the country's largest gold producers helped facilitate an insider-trading scheme allegedly masterminded by a former employee of one of Canada's best-known brokerages.
Monti: Europe Growth Policy Crucial
Italian Prime Minister Mario Monti, warned that European leaders must take concrete steps to fuel the continent's economic growth or risk threatening its long-term future.