TIAA-CREF agreed to buy Nuveen Investments from Madison Dearborn Partners LLC for $6.25 billion, propelling the manager of teachers’ retirement savings into the top 20 of U.S. mutual-fund firms.
Russian companies are finding that international stock investors can be more risk-averse than the local crowd.
President Vladimir Putin’s turn to China amid the worst standoff with the U.S. since the Cold War is prompting companies to take a fresh look at yuan bonds.
Chinese property developers with the option to repurchase dollar-denominated bonds later this year may opt to do so amid falling yields, according to Western Asset Management Co.
Shlomo Kramer, the Israeli entrepreneur who made his name by co-founding the world’s second-largest security networks maker, is seeing investor support vanish for his latest cyber venture.
Zynga Inc. named a consumer products veteran from Best Buy Co. to be its chief financial officer, as Don Mattrick builds on efforts to turn around the struggling video-games developer.
Zynga Inc. hired a Best Buy Co. executive for the role of chief financial officer, adding to a management shakeup as Don Mattrick seeks to turn around the struggling social games developer.
Indonesia’s Bakrie family faces a double challenge in 2014 as losses at group companies limit scope for refinancing debt while its patriarch lags behind rivals in his presidential bid.
Tesla Motors Inc., which raised $2.3 billion in a convertible note sale last month, plans to find more funds for the new finance unit it’s created to lease electric Model S sedans to business customers.
Tesla Motors Inc., a year after creating a lease-style program for its Model S electric sedan, is setting up a financing arm targeting corporate buyers of the premium battery-powered vehicle.