Marcato Urges Schorsch to Halt Buying Spree
American Realty Capital Properties “is engaging in too many transformative transactions too quickly” and hurting shareholders, says activist investing firm Marcato.
Regions' Latest Move Could Propel Sale of Morgan Keegan, Say Experts
Regions Financial Corp. is offering potential suitors for its Morgan Keegan broker-dealer up to $200 million in financing, according to a report released Sunday.
Anglo Irish Bank Cuts Losses With Asset Sales
Paring its record loss in the first six months of 2011 down to 105 million euros ($151.7 million) from 8.2 billion euros—the worst in Irish corporate history—in the same period of 2010, the bank has been winding down its business, planning to shut down altogether by 2020.
Wien: S&P 500 rebound to continue
Bloomberg reports the Standard & Poor's 500 Index is poised for its biggest fourth-quarter rally in a decade as the economy recovers and earnings exceed...