James Murdoch: "Happy" with Sky stakes
James Murdoch, 21st Century Fox's deputy COO, says recent disposals have freed up cash for reinvesting in the company's core businesses, including sports channels.
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The Washington Post
Ukraine Crisis May Boost LNG Prices If Gas Supply Threatened
A disruption of natural gas supplies to Europe by an escalation of Russia's military action in Ukraine may boost LNG demand and prices in Asia and South America, according to Societe Generale SA and Morgan Stanley.
CF Industries Prices Its Senior Notes Offering
CF INDUSTRIES PRICES ITS SENIOR NOTES OFFERING Mar. 7, 2014 Source: CF Industries news release CF Industries Holdings, Inc. announced today that its subsidiary CF Industries, Inc. has priced a $1.5 billion public offering of senior notes, comprising $750 million aggregate principal amount of 5.150% senior notes due 2034 and $750 million aggregate ... (more)
Thu Mar 06, 2014
New York District Court Dismisses Putative ERISA Class Alleging Illegal Kickbacks
Sometimes in the rush to meet Rule 23 and 's requirements, what gets overlooked is whether there is any underlying claim in the first place.
The Washington Post
Morgan Stanley U.S. Rate Swaps Head Olivier Pariente to Leave
Olivier Pariente, who led U.S. interest-rates swap trading at Morgan Stanley, has left the firm after four years.
TriplePoint Venture Growth BDC raises about $125 mln for IPO
TriplePoint Venture Growth BDC Corp . has raised approximately $125 million for its IPO after pricing its offering of 8,333,333 shares at $15 per share.
Wed Mar 05, 2014
Florida unhappy with B. of A. & Wells Fargo; Morgan Stanley looks to...
Florida unhappy with B. of A. & Wells Fargo; Morgan Stanley looks to drop Swiss unit; more banks accused of price fixing and other banking reads Here's what's in the banking roundup on Wednesday: London banks sued over gold fix; Morgan Stanley looks to drop its Swiss unit, Goldman grabs the gold and Florida fights back.
The Washington Post
Saturdays Off Lose to Cash as Buyout Firms Poach Junior Bankers
Wall Street's Class of 2013 is being poached earlier than usual by private-equity and hedge funds, showing it's going to take more than Saturdays off for the biggest banks to keep their most ambitious employees.
Orrick, Herrington & Sutcliffe LLP
On February 27, the Fed provided an additional 30 days to comment on an advance notice of proposed rulemaking regarding physical commodity activities conducted by financial holding companies .
Tue Mar 04, 2014
VC-backed Opower files for IPO
Opower has filed for an IPO. The number of shares that will be sold as well as the pricing terms of the offering have yet to be set.
Puerto Rico approves sale of up to $3.5B in bonds
The move comes as the island prepares to re-enter the bond market to help pay off $70 billion in public debt, with Barclays, Morgan Stanley and RBC Capital Markets handling the bond sale.
Investment bank Moelis & Co. files for IPO
Moelis said that it would seek to raise $100 million , and trade its shares on the New York Stock Exchange under ticker symbol MC.
Bond Sales Probe Is Symptomatic of Yield Race
Banks including JPMorgan Chase & Co. and Morgan Stanley earned $265.3 million from the Verizon deal alone.
Ragu parent company looks to sell pasta sauce brand
Unilever, with U.S. headquarters in Englewood Cliffs, is seeking bidders for its Ragu pasta sauce as the company sheds food brands, people with knowledge of the matter said.
Morgan Stanley Asia-Pacific Fund Releases Tender Offer
The Tender Offer will commence on or about According to a release, additional terms and conditions of the Tender Offer will be set forth in its offering materials, which will be distributed to the Fund's stockholders.
Mon Mar 03, 2014
Electronic cigarette maker NJOY nets $70 mln plus
NJOY, the world's leading independent electronic cigarette company, today announced that it has completed another successful private fundraising round attracting more than $70 million in capital.
Fri Feb 28, 2014
Morgan Stanley Appoints Laroia as Asia Pacific Co-CEO
Morgan Stanley appointed Gokul Laroia as Asia-Pacific co-chief executive officer to replace William Strong, who is retiring in May. Laroia, 47, becomes head of the region excluding Japan with Wei Sun Christianson and will retain his current responsibilities as head of the New York-based firm's institutional equity and wealth-management business, ... (more)
Thu Feb 27, 2014
Economists reasonably optimistic on global economy, industrial countries to see stronger performance
Economists said here Thursday that they are reasonably optimistic about the global economy this year, noting industrial countries will have better performance than emerging market economies.
Morgan Stanley Asia-Pacific Fund Announces Tender Offer for 20% of its Shares
Morgan Stanley Asia-Pacific Fund, Inc. announced today that its Board of Directors has approved a tender offer to acquire in exchange for cash up to 20 percent of the Fund's outstanding shares at a price equal to 98.5 percent of the Fund's net asset value per share as of the close of regular trading on the New York Stock Exchange on the business ... (more)
Morgan Stanley wins dismissal of 'pay to play' suit
A federal judge has thrown out a lawsuit against Morgan Stanley alleging that the firm violated the Employee Retirement Income Security Act of 1974 by unlawfully directing business to ING as part of a "pay to play" scheme.