BHP Group considering selling off coal assets, Nikkei reports

SoftBank Group Corp plans to raise as much as $41 billion to buy back shares and reduce debt in an unprecedented move to restore investor confidence as a financial market rout pummels its shares and its portfolio companies. Ciara Lee reports.....»»

SoftBank Group Corp plans to raise up to 4.5 trillion yen ($41 billion) by selling or monetizing assets to buy back 2 trillion yen of its shares and reduce debt, it said on Monday......»»

SoftBank Group Corp said on Monday it is selling or monetizing up to 4.5 trillion yen ($41 billion) in assets to buy back 2 trillion yen of its shares and reduce debt, sending its stock soaring to its biggest daily gain in nearly 12 years......»»

Mitsubishi UFJ Financial Group Inc (MUFG) , Japan's largest lender by assets, reported a net loss in the third quarter, for the first time in nearly a decade, as its banking unit booked a one-off charge on an Indonesian subsidiary......»»

German engineering group Siemens was under fire from environmental groups after saying it would fulfill contractual obligations to a controversial coal mine project in Australia's outback. David Pollard reports......»»

Kansas City Royals owner Davis Glass is in talks concerning a sale of the team to a group led by local businessman John Sherman, The Athletic reports. The sports news site's Ken Rosenthal and Jayson Stark reported the story Tuesday afternoon, citing .....»»

Blackstone Group Inc , the world's largest manager of alternative assets such as private equity and real estate, said on Thursday its distributable earnings in the second quarter rose 1% year-on-year, more than most analysts expected......»»

Blackstone Group Inc , the world's largest manager of alternative assets such as private equity and real estate, said on Thursday its distributable earnings in the second quarter rose 1% year-on-year, more than most analysts expected......»»

Shares of Workhorse Group surged 32% as President Trump, in a tweet, said that General Motors is selling its Lordstown, Ohio, plant to the Cincinnati electric vehicle company, subject to UAW approval. Trump in another tweet added that GM will spend .....»»

Shares of Workhouse Group surged 32% as President Trump, in a tweet, said that General Motors is selling its Lordstown, Ohio, plant to the Cincinnati electric vehicle company, subject to UAW approval. Trump in another tweet added that GM will spend .....»»

Blackstone Group's quarterly profit dropped 19 percent amid the stock market slump. But as Fred Katayama reports, the alternative assets manager still beat analysts' expectations......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Pictured: West Lodge Towers at 103-105 W. Lodge Ave. in Toronto.Wynn Group of Companies, one of Toronto's largest multifamily property owners, has agreed to sell more than $1 billion worth of assets.....»»

Vodafone Group has agreed an 18.4 billion euro ($21.8 billion) deal to buy cable TV company Liberty Global's operations in Germany, Czech Republic, Hungary and Romania. Silvia Antonioli reports......»»

Significant growth in assets under management; GECC shareholder approval for additional leverage enhances revenue and earnings potential; GECM well positio.....»»

T. Rowe Price's (TROW) diverse and efficient business model is anticipated to help it further improve assets under management. T. Rowe Price Group, Inc. TROW announc.....»»

Linde is raising $3.3 billion from selling North and South American assets to a consortium of German gases firm Messer and buyout group CVC as it seeks clearance for a planned $87 billion merger with U.S. group Praxair ......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

U.S. hedge fund Elliott Management on Tuesday renewed pressure on Hyundai Motor Group, calling on the South Korean company to return $10.6 billion of cash to shareholders and consider selling non-core assets, including $10 billion of property......»»

On Tuesday's edition of CNBC's "Fast Money Final Trade", Tim Seymour said he wants to buy AT&T Inc. (NYSE: T). He thinks that it's going to be selling off assets and delivering on its dividend. read more.....»»