General Motors, the bailed out US auto giant, is set to raise between $9.5bn and $10.5bn in its public share offering.
Henderson multi-managers Mark Harris and Craig Heron are bullish on the near-term prospects for US equities following today's mid-term elections, saying the market could rise by 10%.
Billionaire investor George Soros has donated $1m in support of legalising marijuana in the stricken US state of California.
The future succession of Warren Buffett at Berkshire Hathaway took another twist yesterday after the billionaire hired a 39-year-old hedge manager to his investment team.
Billionaire investment guru Warren Buffett says it will be a "sad day" when Goldman Sachs unwinds his profitable $5bn position in the banking giant.
The US Securities and Exchange Commission questioned Warren Buffett's Berkshire Hathaway in Q2 on why it was not writing down large losses on shares in Kraft and US Bancorp.