Specialty finance company Ares Capital Corp (ARCC.O) agreed to buy smaller rival American Capital Ltd (ACAS.O) in a cash-and-stock deal valued at $3.4 billion, aiming to capture a bigger share of lending to mid-sized firms as big banks turn cautious.
Sports Authority, in planning to close all of its stores,is set to launch its going-out-of-business sales this week, according to court documents.
... * Bullion hit by prospect of Fed hike sooner rather than later * Could fall below $1,200 in next couple of months - analyst * Palladium marks lowest in nearly 6 wks, silver in five weeks (Updates prices) By Vijaykumar Vedala BENGALURU, May 24 Gold ...
SINGAPORE—Singapore's central bank on Tuesday ordered private bank BSI Bank Ltd. Singapore, a subsidiary of Swiss bank BSI SA, to shut down its operations in the city-state.
HONG KONG Asian shares stumbled to near 2-1/2-month lows on Tuesday and the U.S. dollar pared some of its recent losses as investors worried about the likelihood of a U.S.