Hints and tips:
...Goldman Sachs is under fire for its $150mn loan to Peabody, putting its pledge to curb fossil fuel financing into question....
...Smart reads Coup on the course Before the controversial Super League, there was a Saudi golf incursion courting the sport’s top players and stirring up geopolitical drama on the green, the Wall Street Journal...
...“When we did Kidder Peabody, it was an X-ray machine,” Rob Goldstein, a senior BlackRock executive, once told the FT....
...The quant pioneers Decades ago, in Wall Street’s analogue belt-and-suspenders age, a big bulky calculator was all it took to gain an edge....
...During their pre-signing negotiations, lawyers on both sides are trying to anticipate what could happen between signing and closing and provide for deal certainty,” said Richard Langan, an attorney at Nixon Peabody...
...The first was General Electric, which in 1994 was selling Kidder Peabody, the beleaguered brokerage, but was unsure how to price the assets on its balance sheet....
...The fate of Lemonade and Vital Farms will be closely watched by Wall Street dealmakers now that “becoming a public benefit corporation is no longer looked at askance,” said Pamela Marcogliese, a partner...
...“We are at the top of the cycle in terms of revenues” in both investment banking and trading, said Charles Peabody of research firm Portales Partners....
...Vanguard, JPMorgan and State Street were also in the top five for thermal coal intensity....
...The bank failed to inform the PRA in 2014 about an impending $315m fine from the New York DFS — which has cultivated a reputation in recent times as a scourge of Wall Street firms — for ordering PwC, the...
...alternate grounds delves into a number of issues that are important both to those who draft contracts as well as those who litigate what those contracts mean,” says Carolyn Nussbaum a litigator at Nixon Peabody...
...Some scepticism about Citi’s operational execution remains on Wall Street....
...Shares in Qualcomm have not traded above $70 this year; the average Wall Street analyst is targeting a price of $62, according to Sentieo data....
...A Wall Street watchdog has warned of the risks of people borrowing against their investment portfolios, in a move that could crimp a money-spinning product line for the likes of Morgan Stanley and Bank of...
...“Some bit of risk premium is going to be required with where the market is,” Henry Peabody, a portfolio manager with Eaton Vance, says of upcoming debt offerings that fund an acquisition....
...“The market is priced for what we have seen already this year, not for what the Fed is telling us,” says Henry Peabody, a portfolio manager at Eaton Vance....
...The talks were first reported by the Wall Street Journal....
...Elsewhere on Wall Street, however, the chief executives of Goldman Sachs and Morgan Stanley took cuts....
...“As with other terminations like theirs, Finra is in the process of reviewing the reason for the termination,” said a spokeswoman for the Wall Street regulator....
...Meanwhile, on Wall Street, the stock market is back where it was before the August correction, led by energy shares as oil climbed 4.5 per cent to touch $48 and analysts bravely proclaimed that 2015 would...
...ConAgra shares led the S&P 500, advancing 5 per cent to $33.48, after the company reported first-quarter profits ahead of Wall Street expectations....
...Our friends and rivals at the Wall Street Journal were the first to report about it, but we’ve posted a copy of the paper here....
...The company said sales rose 35 per cent from a year earlier to $96m, ahead of Wall Street forecasts. Losses narrowed from the year ago period to $16.9m, or 20 cents per share....
...“There’s no question that we’ve seen a rotation out of fixed income and into equities,” said Charles Peabody, analyst at Portales Partners in New York....
...He had grown up in mainland China, studied in the US, and upon graduation landed on Wall Street, which was succumbing to China fever....
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