Hints and tips:
...The “co-operation agreement” rules out side deals and stands for at least six months....
...This is a change: a year ago, none of the stocks in the index were nursing such big declines....
...In the Washington DC suburb of Bethesda is the headquarters of Midcap Financial, which takes money from Apollo clients and lends it to nursing homes, grocery stores and other midsized businesses....
...“Now, with Third Point on the board, we expect little change to the company’s operations for the year.” Is Blackstone’s Stephen Schwarzman the next China-whisperer?...
...At one point both it and Blackstone were nursing troubled deals: Caesars for Apollo and Hilton for Blackstone....
...As the sun rose in Boca Raton, Mr Martoma, a former portfolio manager at SAC subsidiary CR Intrinsic, was handcuffed and charged with securities fraud for allegedly trading shares in pharmaceutical companies...
...Amid the turmoil of the markets, the hundreds of executives from trading firms, exchanges and clearing houses meeting this week at Boca Raton in the US are sure of one thing....
...The latest was at the IDX derivatives conference in London where John Mueller, director of business operations at Getco Europe, was on a panel on risks in HFT....
...JC Flowers and Cerberus are nursing paper losses on their investments in Shinsei and Aozora, which have suffered huge falls in their share prices in the past several years....
...Electronic Liquidity Exchange (ELX), a new US futures exchange backed by a group of banks, dealers and electronic market makers, said on Wednesday it would start operations in June, marking the latest effort...
...The union has also warned it might target vital areas of operations for further industrial action....
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