HONG KONG, May 21 (Reuters) - The Asian prime brokerage unit of Credit Suisse has replaced Morgan Stanley as the second largest firm servicing the region's $148 billion hedge funds industry, a survey... Read More
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companyNews
NEW YORK, May 20 (Reuters) - The decision by U.S. prosecutors to compel Steven A. Cohen to testify before a federal grand jury about allegations of insider trading at his $15 billion hedge fund is... Read More
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companyNews
Three Reasons to Buy Bank Stocks
May 20, 2013
Financials are one of the best performing sectors in the S&P 500 this year, and some Wall Street strategists say the banks will continue to outperform, given improving loan fundamentals, attractive... Read More
from CNBC.com News
Morgan Stanley has been sued by an Alabama medical laboratory that claims it steered retirement plan business to ING U.S. Inc and others in exchange for extra fees in an illegal "pay-to-play" scheme. Read More
from FOX News
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companyNews
Spain's El Corte Ingles to restructure 5 bln euros
May 20, 2013
MADRID, May 20 (Reuters) - Spain's largest department store, privately held El Corte Ingles, said on Monday it had started talks to restructure debt totalling 5 billion euros ($6.43 billion). Read More
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companyNews
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companyNews
May 20 (Reuters) - Morgan Stanley said on Monday it has signed an agreement to sell its Indian wealth management unit to Standard Chartered. Financial terms of the deal were not disclosed. Read More
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companyNews
Tesla (NASDAQ: TSLA) to Shed Government Loan
May 17, 2013
Tesla (NASDAQ: TSLA) is at it again to prove the naysayers wrong. Now, it's repaying its DOE loan early... Read More
from Energy and Capital
Final Trade: Your First Move for Monday, May 20
May 17, 2013
from CNBC.com News
Wall Street bonuses and staff levels are expected to rise this year as trading and dealmaking activity pick up, according to a closely watched report released on Friday by a compensation consulting... Read More
from FOX News
The Biggest U.S. IPOs Of The Last 25 Years
May 17, 2013
from Forbes Real Time
Facebook Year One: Fighting Back From An IPO Flop
May 17, 2013
Friday marks the first anniversary of Facebook’s initial public offering, an IPO that will be the foundation of case studies for years to come but may have been so unique that it provides little in the... Read More
from Forbes Real Time
DailyFinance.com : Seattle-based software maker Tableau Software Inc. (NYSE: DATA) begins trading today following an initial public offering (IPO) of 8.2 million shares at a price of $31 a share. The... Read More
from DailyFinance.com
May 16 (Reuters) - Charles Schwab Corp has temporarily reversed its requirement that clients waive their right to bring class-action lawsuits, adding a new twist in a battle closely watched by the... Read More
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companyNews
NEW YORK, May 16 (Reuters) - Morgan Stanley has issued 30 million shares as part of the Wall Street bank's employee bonus plan, according to a securities filing. Read More
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companyNews
Forget Facebook: Stocks, IPOs, Are Just Fine
May 16, 2013
Investors had every reason not to trust the market after last year's Facebook fiasco-a high-profile initial public offering gone bad on multiple levels. Yet a year later, stocks are rocketing higher... Read More
from CNBC.com News
Wall Street Whale Watching
May 16, 2013
Major hedge fund managers and investment gurus are required to notify the SEC about their investment moves quarter by quarter. Many investors pore over this data in the belief the big fish have special... Read More
from CNBC.com News
from Business Journals
May 16 (Reuters) - For years, JPMorgan Chase & Co Chairman and CEO Jamie Dimon and other executives have hand-picked new directors, in a practice that is now unusual for a major U.S. bank. Read More
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companyNews
Early Movers: WMT, KSS, CSCO & More
May 16, 2013
from CNBC.com News
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