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Investment Service News

Investment Services news continually updated from thousands of sources around the net.

3 hrs ago | Bloomberg

Jefferies Wrongfully Fired Trader Over Hitler Video, Judge Says

Jefferies Group LLC wrongfully fired its former Asia head of equity trading Grant Williams over a newsletter that included a reference to a Hitler parody video, a Hong Kong judge ruled.

Comment?

Related Topix: Financial Services, Investment Banking, Jefferies Group

7 hrs ago | SiliconValley.com

Ex-Kleiner partner Ellen Pao wants her day in court

A high profile sex discrimination lawsuit in Silicon Valley should be taken private via arbitration, lawyers for venture capital firm Kleiner Perkins Caufield & Byers argued on Wednesday, but the plaintiff, former partner Ellen Pao, wants the chance to tell her story before a judge.

Comment?

Related Topix: Venture Capital, Emerging Technology, Kleiner Perkins Caufield and Byers, Startups, Financial Services, Kleiner Perkins Caufield & Byers

11 hrs ago | The Washington Post

Wall Street REIT Success Leaving Hangover Part II: Mortgages

Investors in companies buying mortgage bonds are discovering that coming late to the party can still leave them with the biggest hangover.

Comment?

Related Topix: REIT, Home, Mortgage, Personal Finance, Financial Markets, American Capital Strategies, Financial Services, Business News

15 hrs ago | Bloomberg

CME Rally Signals Volatility as Tapering Mulled: Credit Markets

The surge in bond market volatility and trading volumes stemming from the prospect of rising interest rates, which JPMorgan Chase & Co.

Comment?

Related Topix: Banking, JP Morgan Chase , Chicago Mercantile Exchange Holdings, Financial Markets, Home, Mortgage, Personal Finance, Sanford C. Bernstein

19 hrs ago | Business Journal

CalPERS health plan rate hike is lowest in years

The California Public Employees' Retirement System is poised to raise overall health premiums an average of 3 percent in 2014.

Comment?

Related Topix: California Public Employees Retirement System, Financial Services, Pension, Personal Finance, Medicare, Health

Yesterday | MSN Money

Softbank closer to acquiring Sprint after Dish abandons bid for now

Japan's SoftBank Corp cleared a major hurdle in its attempt to buy U.S. wireless provider Sprint Nextel Corp, as rival bidder Dish Network Corp declined to make a new offer after SoftBank sweetened its own bid last week.

Comment?

Related Topix: SoftBank, Financial Services, Sprint Nextel, Telecom, IT Services, Business News, Federal Communications Commission

Tue Jun 18, 2013

USA Today

Starbucks expands food menu to boost sales

Starbucks wants coffee fans to think of it as a spot to grab lunch or late afternoon bite - not just a place to get a cup of morning joe.

Comment?

Related Topix: Restaurant Management, Starbucks, Drink, Coffee, Investment Banking, Financial Services, Jefferies Group

Reuters

Exclusive: SunGard explores $2 billion data unit sale - sources

SunGard Data Systems Inc, the computer software maker that was taken private in 2005 for $11.4 billion, is exploring a sale of its data managing operations that could fetch up to $2 billion, several people familiar with the matter said on Tuesday.

Comment?

Related Topix: Computers, Sungard Data Systems, Software, Goldman Sachs, Financial Services

La Vista Sun

Nebraska corn, soybean crops near average

Last week I joked that the Final Four was coming to Omaha. On Monday, the Final Four came to Omaha.

Comment?

Related Topix: Agriculture, Science, Nebraska, Louisville, NE, TD Ameritrade, Financial Services, Ameritrade Holding, University of Nebraska Lincoln

The Hartford Courant

Rebalance of Russell index to bring volume surge at quarter-end

Investors accustomed to late market volatility at the end of the quarter should expect an extra jolt on June 28, when billions of dollars in stock trades will be executed in less than two seconds.

Comment?

Related Topix: Construction, Berkshire Hathaway, Financial Markets, Ansonia, CT

KRMG-AM Tulsa

Royalty Pharma lets Elan takeover bid expire

Royalty Pharma has let its latest takeover bid for Irish drugmaker Elan lapse as it decided against pressing ahead with a court challenge of a requirement that it withdraw the offer.

Comment?

Related Topix: Investment Banking, Financial Services, Jefferies Group

MarketWatch

South Korea gets Facebook and Goldman 'likes'

On top of a bullish note from Goldman Sachs, the country has been busy receiving the king of social media, Mark Zuckerberg, who has promised to help out with its president's vision for a "creative economy".

Comment?

Related Topix: South Korea, World News, Asia, Startups, Facebook, Social Software, Goldman Sachs, Financial Services, Mark Zuckerberg,

Mon Jun 17, 2013

AmericanBankingNews.com

Chevron Lowered to "Hold" at Jefferies Group

They currently have a $135.00 price target on the stock. Jefferies Group's target price suggests a potential upside of 11.37% from the stock's previous close.

Comment?

Related Topix: Energy, Oil & Gas, Chevron Corporation, Financial Services, Investment Banking, Jefferies Group

Reuters

Sprint sues Dish, Clearwire as key deadline looms

Sprint Nextel Corp on Monday said it has sued Dish Network Corp to block its tender offer for Clearwire Corp, on the eve of a key deadline in a takeover battle that also includes Japanese mobile carrier SoftBank Corp. The lawsuit filed on Monday in Delaware Chancery Court accuses Dish of trying to "fool" and "coerce" Clearwire shareholders into ... (more)

Comment?

Related Topix: Sprint Nextel, Telecom, IT Services, Wireless, Emerging Technology, SoftBank, Financial Services, Overland Park, KS, Park, KS

The New Zealand Herald

IRD likely to lose in TV deal

Taxpayers may wind up covering for MediaWorks because of an unusual restructuring deal that appears to free the company from a possible $22 million obligation to the Inland Revenue Department.

Comment?

Related Topix: Financial Services, Oaktree Capital Management, 60 Minutes, Entertainment, Television

AmericanBankingNews.com

Investment Analysts' Ratings Reiterations for June, 17th (ABF,...

They currently have a $17.00 price target on the stock. had its outperform rating reaffirmed by analysts at RBC Capital.

Comment?

Related Topix: Financial Services, Investment Banking, Jefferies Group, Chesapeake, VA

Brandon Sun

N.D. oil spurs $4.1-B outlay for railroad

To bolster its ability to haul freight, including crude oil, Fort Worth, Texas-based BNSF Railway Co.

Comment?

Related Topix: North Dakota, Construction, Berkshire Hathaway, Stanley, ND

Daily Political

BP plc's Hold Rating Reaffirmed at Jefferies Group

's stock had its "hold" rating restated by equities researchers at Jefferies Group in a research report issued on Monday, Stock Ratings Network reports.

Comment?

Related Topix: Financial Services, Investment Banking, Jefferies Group

People's Daily Online

Don't be led astray by foreign investment banks

As a growing number of foreign investment banks lower their outlooks for China's economy and several of its industries, local investors should look carefully at the intentions behind these downgrades before blindly using them to direct their own investment moves.

Comment?

Related Topix: Goldman Sachs, Financial Services

Sun Jun 16, 2013

Insider Monkey

George Soros Quotes: The Best From a Legendary Investor

Curious about George Soros' best quotes? A Hungarian-born American businessman, a successful investor and a philanthropist, George Soros is one of the most well-known economic minds in the world.

Comment?

Related Topix: Financial Services, Soros Fund Management

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