Mergers and Acquisitions

Big banks, oil showed an uptick in the market

FOX Business' Lauren Simonetti says while airlines and pharmaceuticals dipped on Thursday, many other sectors ended in the green after President Trump said the U.S. might have a coronavirus vaccine by the end of the year.

Major restructuring being discussed at Morgan Stanley: Report

FOX Business' Charlie Gasparino says sources are telling him Morgan Stanley financial advisers may be converted to independent contractors which could change the way Wall Street does business. He later discusses the speculation of a merger between Wells Fargo and Goldman Sachs.

Neiman Marcus creditor calls for deal with Saks Fifth Avenue

Hedge fund Mudrick Capital Management LP asked Neiman Marcus Group's independent directors on Tuesday to explore a combination with rival department store chain Saks Fifth Avenue, challenging the company's plan to reorganize under bankruptcy protection.