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Market Chatter-Corporate finance press digest
ReutersMay 2 (Reuters) - The following corporate finance-related stories were reported by media on Thursday: * Cerberus Capital Management LP has completed fundraising for its latest flagship private equity fund, raising $2.61 billion to invest in distressed...Tags: Politics, IBM, Lenovo Group, Ltd., Interior Policy, Pension and Welfare
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OMERS taps banks for US Infrastructure Corp sale -sources
ReutersBy Greg Roumeliotis and Soyoung Kim NEW YORK, May 1 (Reuters) - The private equity arm of OMERS, one of Canada's largest pension plans, has hired Barclays Plc and Harris Williams & Co to explore a sale of United States Infrastructure Corporation (USIC),...Tags: Politics, Standard & Poor's Financial Services LLC, Interior Policy, Private Equity, Marketing
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Will new SEC hang whistle-blowers out to dry?
The Securities and Exchange Commission is certainly looking all spiffy and new these days. Mary Jo White, the former federal prosecutor and Debevoise & Plimpton law partner, has taken over as chairman. She tapped her longtime deputy at the Southern...Tags: Mary Jo White, Politics, Arbitration, Bernard Madoff, U.S. Securities and Exchange Commission
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Siri software maker Nuance forecasts weak profit
Reuters(Reuters) - Nuance Communications Inc , whose software powers the Siri voice feature in Apple Inc's iPhone, forecast third-quarter profit below analysts' estimates, hurt by costs related to integrating recent acquisitions. Nuance shares fell 18 percent...Tags: Mergers, Acquisitions and Takeovers, PG&E Corporation, Adobe Systems Inc., U.S. Airways, FedEx Corporation
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Few Wall Street banks will survive trading overhaul -report
Reuters* Boston Consulting Group sees some banks dropping full-service trading * Big Wall Street banks to post returns on equity of 15-16 percent-BCG * Boutique firms will post ROE of 30 percent or more-BCG By Lauren Tara LaCapra NEW YORK, April 30 (Reuters)...Tags: Deutsche Bank AG, Marketing, Business, Bank of America Corp., JPMorgan Chase & Co.
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EXCLUSIVE-Emergency Medical Services selects banks for IPO -sources
ReutersApril 24 (Reuters) - Emergency Medical Services Corp, the largest U.S. provider of ambulance services, has selected underwriters for a $750 million initial public offering, two people familiar with the matter said on Wednesday. The Greenwood Village,...Tags: Bank of America Corp., Financing and Stock Offerings, Goldman Sachs Group, Inc., Emergency Medical Services Corporation, Disasters and Accidents
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Protective Life To Buy AXA U.S. Life Portfolio For $1 Billion
Protective Life Corp. agreed to buy a portfolio of old policies from French insurer AXA SA's U.S. business for $1.1 billion, with the aim of squeezing more value out of them. Birmingham, Alabama-based Protective Life said the deal with Axa's Mony Life...Tags: Earnings, Insurance, Protective Life Corporation, Stock Market, Axa SA
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Financial stocks slump on Europe fears and U.S. insider-trading probe
Money & CompanyFinancial stocks are weighing heavily on the market Monday, hit by worries about a wider government-debt crisis in Europe and by the U.S. government’s pursuit of an apparently massive insider-trading investigation. Within the Standard & Poor’s 500... -
Verizon and AT&T: Pay with a wave of your smart phone
L.A. Times Tech BlogIn the beginning, there was cash. Then we wrote checks for our purchases, which were quickly followed by credit and debit cards. And now there are -- smart phones? The two largest U.S. wireless carriers, Verizon Wireless and AT&T Inc., are in talks to... -
Dow drops 150 out of the gates
Associated PressWall Street extended its slide in early trading Friday after Wachovia Corp. warned it will take quarterly loan losses, raising investor concern the credit slump shows no sign of abating. The nation's fourth-largest bank said in a filing with the...Tags: Petroleum Industry, Wachovia Corp., Consumers, Stock Activities, Ben Bernanke
May 1, 2013
|Story| Reuters
May 1, 2013
|Story| Reuters
Apr 30, 2013
|Column| Allentown Morning Call
Apr 30, 2013
|Story| Reuters
Apr 30, 2013
|Story| Reuters
Apr 24, 2013
|Story| Reuters
Apr 11, 2013
|Story| Hartford Courant
Nov 22, 2010
| Los Angeles Times
Aug 2, 2010
| Los Angeles Times
Aug 20, 2006
|Story| Tribune Media Services
Nov 9, 2007
|Story| Chicago Tribune
May 6, 2007
|Story| Tribune Media Services
Original site for Barclays PLC topic gallery.