Investment Banking News

Lehman Brothers will sell stock AvalonBay Communities Inc. gave it as part of its acquisition of Archstone Enterprise LP in February .

In fact, Japanese equities were basically the hottest major asset class in the entire world before today's bloodbath, posting 20.9% cumulative gains over the past three months alone.

U.S. stock futures fell, indicating the Standard & Poor's 500 Index will decline for a second day, as data showed Chinese manufacturing unexpectedly shrank and equity markets from Europe to Japan tumbled.

Blackstone Group LP and Prologis Inc have agreed to buy a portfolio of 17 million square feet of warehouse and distribution centers whose majority owner is Lehman Brothers for about $960 million, two sources familiar with the deal said on Wednesday.

's stock had its "market perform" rating reiterated by equities research analysts at Keefe, Bruyette & Woods in a research note issued to investors on Wednesday, StockRatingsNetwork reports.

The firm currently has an "outperform" rating on the stock. A number of other analysts have also recently weighed in on LBAI.

They currently have a GBX 525 target price on the stock. Shares of Informa traded down 0.66% during mid-day trading on Wednesday, hitting GBX 526.50. Informa has a one year low of GBX 335.90 and a one year high of GBX 538.00. The stock's 50-day moving average is currently GBX 412.0. The company's market cap is 3.173 billion.

The firm currently has a $435.00 target price on the stock. had its overweight rating reaffirmed by analysts at Barclays Capital.

Panhandle Oil And Gas announced a quarterly dividend on Wednesday, May 22nd, Analyst Ratings Network.com reports.

Morgan Stanley announced in a memo to employees on Wednesday that its head of fixed income, Ken deRegt, is leaving the firm.

Jeff Immelt, Chairman and CEO of General Electric, left. The company is considering spinning off parts of its finance unit through an initial public offering as Immelt works to shrink the business.

's stock had its "buy" rating reiterated by equities research analysts at Jefferies Group in a research note issued to investors on Wednesday, AnalystRatings.Net reports.

Limited partners had a chance to praise and lambaste the venture industry during a no-holds-barred panel at the National Venture Capital Association's VentureScape annual meeting last week.

Start with cloud, then grow somewhat and take out a cage in a colocation, then graduate to a wholesale pod and, finally, reach the size and stature of needing to design, build and operate your own gigantic datacentre.

Retail sales in Canada were flat in March, according to Statistics Canada today, but rose 0.7 per cent in volume terms.

The firm currently has a "buy" rating on the company's shares. Best Buy opened at 25.64 on Wednesday.

's stock had its "buy" rating reaffirmed by research analysts at Jefferies Group in a report released on Wednesday, StocKRatingsNetwork.com reports.

Natural gas futures neared a one-month high, mitigating some of the losses in commodities, after warmer U.S. weather boosted demand for gas-driven air-conditioning. The Thomson Reuters-Jefferies CRB index, a global indicator for commodity prices, fell 0.3 percent, retreating from its one-week high in the previous session.

UBS AG lost a bid Tuesday to dismiss a whistle-blower lawsuit by a former commercial mortgage-backed securities strategist who said he was fired for refusing to publish misleading research reports.

The firm currently has a GBX 1,030 price target on the stock. Hargreaves Services traded up 0.13% on Friday, hitting GBX 878.6328. Hargreaves Services has a 52-week low of GBX 518.624 and a 52-week high of GBX 1083.238. The stock's 50-day moving average is currently GBX 703.4. A number of other firms have also recently commented on HSP.