US
US
Groupon, the online coupon group, raised $700m in its highly anticipated initial public offering on Thursday night, with the pricing at $20 a share valuing the group at $12.65bn.
04 November 2011
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Economics
US markets opened lower today as investors remained cautious on tomorrow's European summit aimed at solving the sovereign debt crisis.
25 October 2011
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1 min read
US
BP saw profits soar in the third quarter as it prepares to sell off a further $15bn worth of assets, and the CEO pledges to boost the oil major's dividend and increase share buybacks.
25 October 2011
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3 min read
Economics
The US is set to see another ratings agency strip it of its AAA-credit rating by the end of the year, Bank of America Merrill Lynch has predicted.
24 October 2011
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US
Threadneedle's Cormac Weldon has rotated out of cyclical names in favour of defensives in his £1.2bn American Select fund, as companies struggle against a muted outlook for the US economy.
24 October 2011
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Economics
Wall Street's biggest banks had their worst quarter of results since 2008's financial crisis, with trading revenue down 35% on last year.
20 October 2011
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Economics
US banking giant Goldman Sachs has reported a loss of $428m (£272m), worse than analysts had been expecting.
18 October 2011
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