Deutsche Bank AG (USA) (NYSE:DB) Profit Plunge By 98%, As IMF Reports It Is The Riskiest In The World

The latest announcement last Wednesday that Deutsche Bank AG (USA) (NYSE:DB)’s profits have plunged by 98% was not received well in all quarters. The bank that has been struggling the past few years and has shareholders worried, despite the commitment of the bank’s management to turnaround its fortunes. This has been attributed to the weak […]

Hilton Worldwide Holdings Inc (NYSE:HLT) – Uptrend Intact

Hilton Worldwide Holdings Inc (NYSE:HLT) had a quiet session yesterday as it ended the last session with a minor loss of 1.36%. It opened with a small gap down and after spending the entire session in a small range, it closed exactly where it had opened earlier, creating a Doji candlestick and implying indecision. Blackstone, […]

Mylan NV (NASDAQ:MYL) Rejects Teva-Takeover, Calls The Bid Undervalued

Global pharmaceutical company Mylan NV (NASDAQ:MYL) chose to reject the unsolicited buyout bid by Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA). The decision was made unanimously by the current Board of Directors. Teva Undervalued Mylan The opinionated directors believe that the bid approached by Teva authorities was lackluster, in all regards. The price quoted for Mylan […]

Cliffs Natural Resources Inc. (NYSE:CLF) Underperformance Prompts Downgrade

Boston, MA 10/06/2014 (wallstreetpr) – A series of poor performances by Cliffs Natural Resources Inc. (NYSE:CLF) that had gone unnoticed has finally caught the attention of research firms on Wall Street. A research finding by Nomura clearly shows that just like other players in the space the company is struggling due to a decline in prices […]

TRW Automotive Holdings Corp. (NYSE:TRW) To Be Acquired By Germany’s ZF Friedrichshafen AG For $11.7 Billion

Boston, MA 09/16/2014 (wallstreetpr) – Germany based ZF Friedrichshafen AG agreed to take over TRW Automotive Holdings Corp. (NYSE:TRW) in a deal worth approximately $11.7 billion. In what would be called the second biggest automotive supplier of the world in terms of sales, the combined company shall cater to a huge car segment. The New […]

Yahoo! Inc. (NASDAQ:YHOO) Plays An Important Role In The Alibaba Group’s IPO

Boston, MA 09/09/2014 (wallstreetpr) – Yahoo! Inc. (NASDAQ:YHOO) is deemed to play a pivotal role in the world’s largest Initial Public Offering, sometime soon! Alibaba Group Holding Limited surprised varied mutual funds, hedge funds, and such other institutional investors, and addressed typical governance concerns, that includes a literally controversial spin-off of its holistic online payment service […]

Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) Acquires Prestige Cruises for $3 Billion

Boston, MA 09/03/2014 (wallstreetpr) – Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) has confirmed it has reached an agreement for the acquisition of Prestige Cruises as it seeks to add more flair to its luxury brands offerings. Reuter’s reports that a deal worth $3 billion has been’ agreed between Norwegian Cruise Line and Apollo Global Management […]

Deutsche Bank AG (USA) (NYSE:DB) Is Charged With £4.7m For Reporting Improper Transactions

Boston, MA 08/28/2014 (wallstreetpr) – According to reports, Deutsche Bank AG (USA) (NYSE:DB) has been charged with £4.7m for not reporting transactions in a proper way. DB failed to report 29.41 million (29,411,494) Equity Swap contracts for difference transactions in the pre-specified timeline and breached the Financial Conduct Authority rules on transaction reporting. What’s the […]

Deutsche Bank AG (USA) (NYSE:DB) To Face Extended Investigations

Boston, MA 08/05/2014 (wallstreetpr) – The problems for Deutsche Bank AG (USA) (NYSE:DB) are far from over. The financial regulator of Germany, BaFin has extended investigations into the matter of manipulation of benchmark interest rates. Ernst & Young LLP will cover the investigation. There are almost ten specified areas which remain under close watch by the […]

The Coca Cola Enterprises Inc. (NYSE:CCE) Reaffirms Its Full Year Guidance

Boston, MA 06/20/2014 (wallstreetpr) – Western European bottler for The Coca-Cola Company (NYSE:KO), Coca Cola Enterprises Inc. (NYSE:CCE), has affirmed its full year guidance as earlier issued at the Deutsche Bank AG (USA) (NYSE:DB) Global Consumer Conference in Paris. For the full year, the company expects its earnings to increase by about 10% in constant […]

Sunedison Inc. (NYSE:SUNE) Stockholders Vote to Increase Number of Shares of Common Stock

Boston, MA 06/17/2014 (wallstreetpr) – Sunedison Inc. (NYSE:SUNE) has announced that on an annual meeting held on May 29, 2014 the company’s stockholders unanimously voted in favor of increasing the number of the company’s authorized shares from 300 to 700 million. The increase in authorized shares will essentially allow the company to fulfill issuances under […]

Deutsche Bank AG (USA) (NYSE:DB) Hires Senior Figure From Morgan Stanley (NYSE:MS)

Boston, MA 05/27/2014 (wallstreetpr) – As if to confirm its vow to remain among the top-five investment banks in the world, Deutsche Bank AG (USA) (NYSE:DB) just moved to hire a senior European figure from Morgan Stanley (NYSE:MS). The bank has hired Chris Yoshida to head its global rates sales. Mr. Yoshida spent 11 years with […]

The Blackstone Group L.P. (NYSE:BX): Will Sell $1 Billion Of Securities In Association With Deutsche Bank AG (USA) (NYSE:DB)

Boston, MA 05/08/2014 (wallstreetpr) – The Blackstone Group L.P. (NYSE:BX) is soon going to opt for plan sale of $1 billion in association with Deutsche Bank AG (USA) (NYSE:DB). It will sell $1 billion of securities tied with the home bonds. It will be a huge plan sale till this time. Blackstone holds a dominant […]

Fabrinet (NYSE:FN): Earnings Aftermath And What Deutsche Bank AG (USA) (NYSE:DB) Believes

Boston, MA 05/06/2014 (wallstreetpr) – Fabrinet (NYSE:FN) reported 3Q2014 results that were unpopular with investors. Shares of the company lacked support as investors headed for the exit door. Though the company reported revenue growth and earnings per share that were almost in-line, outlook for the current quarter was not inspiring. However, even as investors head out […]

Facebook Inc (NASDAQ:FB)’s Sandberg Becomes Billionaire As The Company Hits Record High

Boston, MA 01/22/2014 (wallstreetpr) – Facebook Inc (NASDAQ:FB) closed on a record high, making Chief Operating Officer Sheryl Sandberg one of the U.S. youngest billionaires. The world’s most popular social networking site closed at $58.51 in New York today. Sandberg owns almost 12.3 million shares of the company, where her stake is valued at around […]