Diversified Capital Markets

• BHP Billiton (NYSE:BHP) plans to offer a price of $90 per share for Anadarko (NYSE:APC) • Lockheed Martin (NYSE:LMT) was awarded a Navy contract yesterday to build 10 warships  known as Littoral Combat Ships, between now and 2015 worth up to $3.6 billion • Susquehanna increased its target price...

Credit Suisse (NYSE: CS) is the latest to cut its Q4 earnings outlook for Goldman Sachs (NYSE: GS) and Morgan Stanley (NYSE: MS), a reflection of what the firm calls "choppier-than-expected" market conditions. Says GS will finish the year weaker as a result of slower fixed income sales and trading...

• JP Morgan (NYSE:JPM), Citigroup (NYSE:C), Morgan Stanley (NYSE:MS) Bank of America (NYSE:BAC), Barclays (NYSE:BCS) and Credit Suisse (NYSE:CS) have initiated coverage on General Motors (NYSE:GM)  All the analysts have started their coverage with "buy" or "outperform" ratings, with JP Morgan...

• JP Morgan (NYSE:JPM), Citigroup (NYSE:C), Morgan Stanley (NYSE:MS) Bank of America (NYSE:BAC), Barclays (NYSE:BCS) and Credit Suisse (NYSE:CS) have initiated coverage on General Motors (NYSE:GM)  All the analysts have started their coverage with "buy" or "outperform" ratings, with JP Morgan...

As part of the ongoing restructuring process, The Hartford Financial Services Group, Inc. (HIG) has planned to dispose its wholly owned subsidiary Specialty Risk Services, LLC (SRS) to Sedgwick Claims Management Services, Inc. (Sedgwick CMS), which is the leading North American provider of...

As part of the ongoing restructuring process, The Hartford Financial Services Group, Inc. (HIG) has planned to dispose its wholly owned subsidiary Specialty Risk Services, LLC (SRS) to Sedgwick Claims Management Services, Inc. (Sedgwick CMS), which is the leading North American provider of...

Shares of Deutsche Bank AG (USA) (NYSE: DB) are higher today, despite the German banking giant agreeing to pay $553.6 million and admit criminal wrongdoing in a long-running probe over tax shelters that prosecutors claim generated billions in false tax losses. Deutsche Bank said profits will not...

Deutsche Bank AG (NYSE: DB) today announced that it has entered into a Non-Prosecution Agreement with the United States Attorney's Office for the Southern District of New York, a part of the United States Department of Justice, and a Closing Agreement with the Internal Revenue Service, a part of...

According to Bloomberg, Italian finance police seized assets from Bank of America Corp., Deutsche Bank AG, UBS AG, Natixis SA, Dexia Crediop SpA and Banca Monte Paschi di Siena SpA as part of a fraud probe. (NYSE: BAC), (NYSE: DB), (NYSE: UBS), (EPA: KN), (EBR: DEXB), (BIT: BMPS) The police seized...

Boosting its international presence, American Express Co. (AXP) (AmEx) announced yesterday its intention to purchase Loyalty Partner, a premier German marketing services organization well known for its loyalty program, for €496 million (US $660 million). The deal is expected to culminate by the...

Boosting its international presence, American Express Co. (AXP) (AmEx) announced yesterday its intention to purchase Loyalty Partner, a premier German marketing services organization well known for its loyalty program, for €496 million (US $660 million). The deal is expected to culminate by the...

JMP Group Inc. (NYSE: JMP) announced today that its board of directors has elected David M. DiPietro as a new independent director. Mr. DiPietro's initial term as a director will end as of the company's annual meeting of shareholders in 2011, when he will stand for election to a full one-year term.

Expanding its risk management solutions, yesterday, Nasdaq OMX Group Inc. (NDAQ) announced its agreement to acquire leading real-time risk management solutions provider, FTEN Inc., for an undisclosed amount. Besides, while other terms of the deal are yet to be revealed, it is expected to be...