EU accuses 3 banks of market fixing
AP - 3 mins ago
AMSTERDAM (AP) — The European Commission's top competition regulator has accused JPMorgan, HSBC and Credit Agricole of colluding to manipulate the price of financial products — "derivatives" — linked to interest rates.
The Oliver Law Group P.C. Named to Plaintiffs' Steering Committee in Federal Aluminum Antitrust Litigation
PRWeb - 20 mins ago
The Oliver Law Group P.C., a law firm representing plaintiffs in aluminum antitrust lawsuits nationwide, has been named to the Plaintiffs' Steering Committee for Direct Purchaser Plaintiffs in the aluminum antitrust Litigation now underway in U.S. District Court, Southern District of New York. According to court documents, more than two dozen lawsuits have been filed in the proceeding, all of which accuse Goldman Sachs Group Inc., JPMorgan Chase & Co., and other defendants of constricting aluminum supplies and driving up prices. (In Re Aluminum Warehousing Antitrust Litigation, MDL No. 2481)
Credit Suisse case called warning to foreign banks
By MARCY GORDON and ERIC TUCKER - AP - 2 hrs 56 mins ago
WASHINGTON (AP) — Credit Suisse AG's guilty plea and $2.6 billion payment in a high-profile case brought by the Justice Department are being held out as a warning to foreign banks believed to be helping U.S. taxpayers conceal assets.
HCMI Presents at the Electric Utility HR Metrics Conference and other HR and HCM Industry News
M2 - Tue May 20, 1:35AM CDT
The Human Capital Management Institute (HCMI), an industry leader in advanced workforce analytics solutions and predictive human capital management metrics, announced that Grant Cooperstein, VP of Analytics, will be speaking at the Electric Utility HR Metrics Conference in Cleveland, OH, May 19-22, 2014. Grant will give a presentation on HCMI's Human Capital Financial Statements (http://www.hcminst.com/training/human-capital-financial-statements/).
Credit Suisse pleads guilty in US tax evasion case
By ERIC TUCKER and MARCY GORDON - AP - Mon May 19, 10:08PM CDT
WASHINGTON (AP) — European bank Credit Suisse AG pleaded guilty Monday to helping wealthy Americans avoid paying taxes through secret offshore accounts and agreed to pay about $2.6 billion to the U.S. government and regulators.
The Dow Climbs on Strength in Financials, but McDonald's Falls
Dan Caplinger, The Motley Fool - Motley Fool - Mon May 19, 8:05PM CDT
The Dow Jones Industrials managed to gain almost 21 points on Monday, taking only partial advantage of the favorable mood that sent the broader market up more dramatically. Even hard-hit small-cap stocks saw better gains Monday, rebounding despite...
Microchip Technology to Present at the 42nd Annual J.P. Morgan Technology, Media and Telecom Conference
Business Wire - Mon May 19, 4:33PM CDT
Microchip Technology Incorporated (NASDAQ:MCHP), a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, announced today that the Company will present at the 42nd Annual J.P. Morgan Technology, Media & Telecom Conference on Tuesday, May 20, 2014, at 4:00 p.m. (Eastern Time). Presenting for the Company will be Mr. Eric Bjornholt, Vice President and Chief Financial Officer. A live webcast of the presentation will be made available by J.P. Morgan, and can be accessed on the Microchip website at www.microchip.com.
JPMorgan Chase & Co. Declares Quarterly Coupon on Alerian MLP Index ETN
Business Wire - Mon May 19, 3:50PM CDT
JPMorgan Chase & Co. announced today the quarterly coupon amount for the Alerian MLP Index ETN (NYSE Arca: AMJ). The table below summarizes the coupon amount for the Alerian MLP Index ETN (the "Notes"
Blackstone to Vend Office Buildings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon May 19, 3:20PM CDT
The Blackstone Group L.P. (BX), in a bid to capitalize on the steady recovery in the housing market, is all set to divest five Boston-based office spaces to a group led by Oxford Properties, a global real estate owner based in Toronto.
TrueCar, a Keating Capital Portfolio Company, Completes IPO
Business Wire - Mon May 19, 3:15PM CDT
Today Keating Capital, Inc. (the "Company"
AmerisourceBergen Prices $600 Million 1.150% Senior Notes Due 2017 and $500 Million 3.400% Senior Notes Due 2024
Business Wire - Mon May 19, 3:07PM CDT
AmerisourceBergen Corporation (NYSE: ABC) today announced that it priced $600 million aggregate principal amount of its 1.150% Senior Notes due May 15, 2017 and $500 million aggregate principal amount of its 3.400% Senior Notes due May 15, 2024, in an underwritten registered public offering. The offering is being made pursuant to an effective shelf registration statement AmerisourceBergen filed with the Securities and Exchange Commission (SEC) on November 27, 2012. The offering is expected to close on May 22, 2014, subject to customary closing conditions. AmerisourceBergen intends to use a portion of the net proceeds from this offering to redeem all of its 5(7)/8% Senior Notes due on September 15, 2015 and to use the remaining amount for general corporate purposes, including share repurchases under its special $650 million share repurchase program, approved by its board of directors and announced on May 19, 2014.
Chimerix Announces Commencement of Public Offering of Common Stock
GlobeNewswire - Mon May 19, 3:01PM CDT
Chimerix, Inc. (Nasdaq:CMRX), a biopharmaceutical company developing novel, oral antivirals in areas of high unmet medical need, today announced that it is offering to sell 6,200,000 shares of its common stock in an underwritten public offering. In connection with this offering, Chimerix will also grant to the underwriters a 30-day option to purchase up to an aggregate of 930,000 additional shares of common stock. Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC are acting as joint book-running managers for the offering and Cowen and Company, LLC is acting as co-lead manager for the offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Chimerix anticipates using the net proceeds from the offering to fund its research and development efforts and for general corporate purposes, including working capital.
Paydiant Co-Founder to Speak on Mobile Payments at J.P. Morgan TMT Conference in Boston
GlobeNewswire - Mon May 19, 2:27PM CDT
Paydiant co-founder Chris Gardner will participate on a panel discussion about mobile payments this week at the J.P. Morgan Global Technology, Media and Telecom (TMT) Conference in Boston. The panel takes place on Wednesday, May 21 at 10:00 am and also includes Mike Abbott, CEO at ISIS and Lisa Stanton, president Americas for Monitise plc. The discussion will focus on the evolving mobile wallet and commerce landscape, the solutions and technologies most likely to gain traction, keys to customer adoption and the roles of both merchants and banks in shaping the future. Tien-tsin Huang, equity research analyst for computer services & IT consulting at J.P. Morgan will moderate.
Polycom to Present at 42nd Annual J.P. Morgan Global Technology, Media and Telecom Conference
Business Wire - Mon May 19, 1:49PM CDT
Polycom, Inc. (Nasdaq: PLCM), the global leader in open, standards-based unified collaboration, today announced its participation in the following upcoming event with the financial community:
March 2015 Options Now Available For JPMorgan Chase (JPM)
at The Street - Mon May 19, 10:20AM CDT
Investors in JPMorgan Chase & Co. saw new options begin trading today, for the March 2015 expiration.
SS&C Technologies to Present at J.P. Morgan 2014 TMT Conference
GlobeNewswire - Mon May 19, 8:41AM CDT
SS&C Technologies (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, announced today that Bill Stone, Chairman and Chief Executive Officer, will speak at the J.P. Morgan 2014 TMT Conference Wednesday, May 21 at the Westin Copley Place in Boston, MA at 10:40 AM ET.
Analog Devices to Speak at Upcoming Investor Conferences
Business Wire - Mon May 19, 8:12AM CDT
Analog Devices, Inc. (NASDAQ: ADI), a global leader in high-performance semiconductors for signal processing applications, today announced that it plans to participate in the following upcoming investor conferences:
SciQuest to Present at Upcoming Conference
GlobeNewswire - Mon May 19, 7:02AM CDT
SciQuest, Inc. (Nasdaq:SQI), the largest pure-play provider of cloud-based business automation solutions for spend management, today announced that its president and CEO, Stephen Wiehe, and chief financial officer, Rudy Howard, will present at the 42 Annual J.P. Morgan Global Technology, Media and Telecom Conference in Boston. The presentation is scheduled for Tuesday, May 20 at 2:00 p.m. ET.
Verizon Chairman and CEO to Speak at J.P. Morgan Conference on May 20
PR Newswire - Mon May 19, 7:00AM CDT
Lowell McAdam, chairman and chief executive officer of Verizon Communications Inc. (NYSE, Nasdaq: VZ), will speak at the J.P. Morgan Global Technology, Media and Telecom Conference in Boston on Tuesday, May 20. His presentation will be webcast beginning at 8 a.m. Eastern time and can be accessed on Verizon's Investor Relations website, www.verizon.com/investor.
Dow Jones Industrials: What to Expect This Week
Dan Caplinger, The Motley Fool - Motley Fool - Sun May 18, 6:05PM CDT
The Dow Jones Industrials gave up a modest amount of ground last week. But in the coming week, Dow investors have a lot to look forward to. Home Depot will look to close out the first-quarter earnings season for the Dow Jones Industrials, while...