Marlboro cigarette maker Philip Morris International Inc. (NYSE:PM) plans to dispose shares worth $1 billion from its Indonesian unit. Sources revealed...

Anthony Noto, the ex- banker who left his rewarding career at Goldman Sachs Group Inc (NYSE:GS) to take role of financial chief at Twitter Inc (NYSE:TWTR)...

Google Inc (NASDAQ:GOOGL) has tapped Morgan Stanley (NYSE:MS)’s CFO, Ruth Porat, as its new CFO. The hiring of Porat is seen as a step by Google to try...

Though Freeport-McMoRan Inc (NYSE:FCX) has earned the right to ask for free advice from Credit Suisse Group AG (ADR) (NYSE:CS), it has elected to pick...

Summit Materials Inc (NYSE:SUM) performed an initial public offering (IPO) that brought $400 million in proceeds. The funds generated through the IPO are...

Morgan Stanley (NYSE:MS) ended the last session bright and cheery after the Federal Reserve okayed its revised dividend and stock-buyback plans. The stock...

Bank Of America Corp (NYSE:BAC) intends to return $4 billion to shareholders in the form of shares repurchase. The bank received conditional approval from...

The Obama Administration designed plans for Federal Home Loan Mortgage Corp (OTCBB:FMCC) for the first time in last so many years. The Treasury official...

Citigroup Inc (NYSE:C), Goldman Sachs Group Inc (NYSE:GS) and UBS Group AG (USA) (NYSE:UBS) will pay $235 million in mortgage-settlement. The banks faced...

Goldman Sachs Group Inc (NYSE:GS) has downgraded Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR.A) from “buy” rating to “neutral” rating. The...