Lehman to buy remaining Archstone stake for $1.58 billion

By Reuters

Lehman Brothers Holdings Inc said it has bought the remaining 26.5 percent of apartment company Archstone from Barclays Capital <BARC.L> and Bank of America Corp <BAC.N> for $1.58 billion. (11:42 am)

MORE TOPICS: BANK OF AMERICA, LEHMAN BROTHERS, COURT, LAWSUIT

FTSE on track for best week in a month

By Reuters UK

The equities edged up on Friday, with bottom-fishing buyers putting the market on track for its best week in a month, but traders said ongoing concerns about Greece and the euro zone left the door open for a retest of 2012 lows. (9:21 am)

MORE TOPICS: CHINA, FTSE, RETAIL, ELECTIONS, COPPER

BSE Sensex, NSE Nifty Hover Between Red And Green; Oil, Auto and IT Shares Worst Hit

By IBTimes

India's Bombay Stock Exchange Sensex started on a negative note, Friday, and was hovering between red and green in the afternoon session. (9:12 am)

MORE TOPICS: BOMBAY STOCK EXCHANGE, INDIA, BHARTI AIRTEL, INFOSYS, TATA STEEL

EU worries keep euro near 2-yr lows, shares edge up

By Reuters UK

The euro wallowed near two-year lows early on Friday while European shares edged up, as uncertainty over the fate of Greece coupled with this week's disappointing euro-zone and Chinese economic data curbed any appetite for riskier assets. (8:35 am)

MORE TOPICS: JAPAN

Asian shares fall to 2012 lows as Europe worries weigh

By Reuters UK

Asian shares fell to their lowest levels of the year on Friday as early bargain hunting gave way to worries about Europe's raging debt crisis and weak global growth. (4:49 am)

MORE TOPICS: CHINA, GOLD, HSBC, GERMANY, MANUFACTURING, JAPAN

Asia shares fall to 2012 lows as Europe worries weigh

By Reuters UK

Asian shares fell to their lowest levels of the year on Friday as early bargain hunting gave way to worries about Europe's raging debt crisis and weak global growth. (4:42 am)

MORE TOPICS: CHINA, GOLD, HSBC, GERMANY, MANUFACTURING, JAPAN

Global Asia shares fall to 2012 lows as Europe worries weigh

By Reuters UK

Asian shares fell to their lowest levels of the year on Friday as early bargain hunting gave way to worries about Europe's raging debt crisis and weak global growth. (4:28 am)

MORE TOPICS: CHINA, GOLD, HSBC, GERMANY, MANUFACTURING, JAPAN

Lehman in $1.58 billion Archstone apartment deal: sources

By Reuters

Lehman Brothers Holdings Inc, one of three owners of Archstone, has reached a deal to buy the last portion of the apartment company it does not own for $1.58 billion, sources with knowledge of the matter said on Thursday. (2:49 am)

MORE TOPICS: BANK OF AMERICA, LEHMAN BROTHERS, COURT, NEW YORK, LAWSUIT, INVESTMENT

Global Markets Overview - 05/25/2012

By IBTimes AU

U.S. stocks finished mostly higher after late afternoon comments from the Italian premier boosted confidence that Greece would stay in the euro zone. The Dow Jones Industrial Average finished up 34 points, or 0.3%, at 12530, after bouncing back from a 0.6% slide. (12:24 am)

MORE TOPICS: GOLDMAN SACHS, FTSE, HANG SENG INDEX, JAPAN, GOLD, COPPER, CHINA, GOLD, DOW JONES, BNP PARIBAS, DEUTSCHE BANK

Premier League Clubs Lose £361 million Collectivley During the 2010-2011 Season

By IBTimes

Despite the wild success of the Barclay's Premier League, the teams that play in it are losing money at an alarming rate. (7:02 pm)