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JP Morgan to pay $307 million to settle SEC, CFTC charges over disclosures
December 18, 2015 by publisher · Leave a Comment
By Sarah N. Lynch WASHINGTON (Reuters) – JP Morgan Chase will pay $307 million settle two U.S. government cases that charged the bank with failing to disclose certain conflicts of interest to some of its wealth management clients, U.S. regulators said Friday. The Securities and Exchange Commission said that two of the bank's …
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JP Morgan to pay $307 million to settle SEC, CFTC charges over disclosures
commodity
Starboard asks Yahoo to sell core business instead of Alibaba stake
November 19, 2015 by creative · Leave a Comment
Activist investor Starboard Value LP asked Yahoo Inc to drop plans to spin off its stake in Alibaba Group Holdings Ltd due to tax concerns, and instead urged the company to sell its core search and display advertising businesses. Yahoo's current net cash holding and the funds raised from a sale of the business could be returned to shareholders through buybacks and…
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Starboard asks Yahoo to sell core business instead of Alibaba stake
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Exclusive: Pfizer negotiating 2-3 percent Allergan break-up fee – sources
November 19, 2015 by elegant · Leave a Comment
A break-up fee of that amount, to be paid by Pfizer if it were to walk away from the Allergan deal, would show confidence that the regulatory risk to the merger does not pose an existential threat, despite the U.S. Treasury planning this week to tighten the rules on corporate tax inversions, a key aspect of their plan. The break-up fee…
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Exclusive: Pfizer negotiating 2-3 percent Allergan break-up fee – sources
commodity
Investors "swipe right" in Tinder-owner Match’s debut
November 19, 2015 by admin · Leave a Comment
Match Group, which touts itself as the world's No. 1 dating company, is seen as the crown jewel of Diller's media properties and has driven parent IAC/InterActiveCorp's profit and revenue in recent quarters. One of Match Group's most popular
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Investors "swipe right" in Tinder-owner Match’s debut
commodity
Fairly upbeat U.S. data highlight economy’s resilience
November 19, 2015 by admin · Leave a Comment
By Lucia Mutikani WASHINGTON (Reuters) – New U.S. applications for unemployment benefits fell last week while a gauge of U.S. economic activity rebounded in October, signs of a healthy labor market and economy that could give the Federal Reserve confidence to raise interest rates next month. Outside manufacturing, the economy has remained resilient despite faltering global growth. “Business rolls on unperturbed …
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Fairly upbeat U.S. data highlight economy’s resilience