Goldman’s decision to scale back a heavily publicized sale of shares in Facebook shows how the bank risks losing its edge as financial regulation intensifies, writes Dan Wilchins. Goldman posted a 53 percent decline in quarterly profit earlier today.
Agribusiness giant Cargill plans to spin off its $24 billion majority stake in fertilizer producer Mosaic. The move could put Mosaic in play, with global mining giants being the likely bidders.
The NYT’s Deal Professor asks, are the parts worth more than the whole?