Insights Business Alerts

Spain Finance Min: Communique Supports Spain Position On YPF

Finance ministers and central bank chiefs of the Group of 20 countries expressed their support for Spain in its conflict with Argentina over the Latin American country's move to nationalize its largest oil producer, Spain's finance minister said at a press conference.

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Spain's CaixaBank To Buy 18.87% Stake In Portugal's BPI From Itau

Portuguese bank Banco BPI S/A (BPI.LB) said Friday that Spain's CaixaBank SA (CAIXY, CABK.MC) will buy an 18.87% stake in the bank from Brazil's Itau Unibanco Holding S/A (ITUB, ITUB3.BR, ITUB4.BR) for EUR93.42 million.

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Gold Finishes Week Lower, Silver Gains

On Friday, gold (NYSEARCA:GLD) futures for June delivery increased $1.40 to settle at $1,642.80 per ounce, while silver (NYSEARCA:SLV) futures edged 13 cents lower to close at $31.65. For the week, gold prices declined 1.1 percent, while silver prices gained about .80 percent.

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Dynegy, creditors discuss unit's bankruptcy: sources

By Tom Hals and Michael Erman

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Australia Mining Tax Faces Last-Minute Industry Dispute - Report

MELBOURNE -(Dow Jones)- The Australian government is facing a last-minute dispute over its planned mining tax, with the resources sector concerned the latest draft of the legislation will increase the amount of revenue it collects from BHP Billiton Ltd. (BHP), Rio Tinto PLC (RIO) and Xstrata PLC (XTA.LN) in the early years of the tax, The...

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Zynga's IPO due week before Thanksgiving: sources

Zynga Inc is currently planning to price its initial public offering and have its shares begin trading the week before the U.S. Thanksgiving holiday on November 24, two sources briefed on the offering said on Monday.

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Mayo Concedes He Dialed Wrong Number

Banking analyst Mike Mayo is now privately conceding that a wrong number was dialed last week that made it impossible for him to participate in a BofA conference call for analysts. 

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