According to Goldman Sachs, around 10% of its revenues are generated from proprietary trading operations. Other investment banks have announced similar moves in response to the Dodd-Frank finan...

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Fresenius To Add Gambro’s PD Unit

Germany-based Fresenius Medical Care (NYSE:FMS), the world’s largest provider of services for dialysis patients, recently announced that it has entered into an agreement with Stockholm-based Gambro ...

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Jacobs Expands In India

Recently, Jacobs Engineering Group Inc. (NYSE:JEC) has received a second engineering contract from IOT Infrastructure & Energy Services Ltd. (IOT) (formerly Indian Oiltanking). Earlier it was for ...

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Big Chicago Bank Fails, 118 So Far

The ongoing economic volatility took its toll on a few more banks last week. Eight more banks including ShoreBank, a big community bank based in Chicago, were shuttered by the U.S. regulators on Frida...

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New Contract Lifts Air Products

Shares of Air Products and Chemicals Inc. (NYSE:APD) advanced 3.26% or $2.44 and closed at $77.19 on September 2, 2010 after the announcement that the company has won a 15-year contract. Under the con...

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Praxair Expands In The Middle East

Praxair Inc. (NYSE:PX) entered into a definitive agreement to acquire a 49% ownership stake in the industrial gas businesses of the ROC Group. The agreement with the Al Khaled family of Kuwait covers ...

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Three ETFs To Play Copper’s Expected Rise

Despite weaknesses in US demand for copper, the metal has been trading at its highest level in the past four months paving the path to opportunity for the iPath Dow Jones Copper Index (JJC), the Power...

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JP Morgan Chase & Co. (JPM) will shut down its proprietary commodities trading division in an effort to comply with recent federal regulations related to investment banking, Bloomberg News rep...

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Regency Centers Acquires Mall

Regency Centers Corporation (NYSE:REG), a leading operator and developer of grocery-anchored and community shopping centers across the U.S., recently purchased Glen Oak Plaza, a 62,443 square feet ret...

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Praxair Expands In The Middle East

Praxair Inc. (NYSE:PX) entered into a definitive to acquire a 49% ownership stake in the industrial gas businesses of...

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