AES Corp (NYSE:AES) Filed Its First Utility-Sponsored Solar ABS With Securities And Exchange Commission

AES Distributed Energy, a part of AES Corp (NYSE:AES) recently filed the first utility-sponsored solar ABS with Securities and Exchange Commission (SEC). After seeking approval from the SEC, when the ABS will first make its mark in the markets, it shall be completely one-of-its-kind sort of deal by any utility company that is backed by […]

How A Con Man Rakes in Millions Selling Fake Shares Of Facebook Inc (NASDAQ:FB)?

The reality of selling fake shares of Facebook Inc (NASDAQ:FB) to rake in millions shows the power of influence and money in the Silicon Valley. According to the authorities investigating the fraud, Troy Stratos posed himself as Kenn Dennis. He has collected $7 million from Nicole Murphy, the ex-wife of Eddie Murphy, the comedian through […]

Why Should Investors Purchase, inc. (NYSE:CRM) Stocks, Even If SAP SE (ADR) (NYSE:SAP) Deal Doesn’t Materialize?

Quashing rumors about a purported takeover of, inc. (NYSE:CRM) by SAP SE (ADR) (NYSE:SAP), people aware of the news mentioned on Friday that the latter is not acquiring its rival, CRM. The press and media houses reported last year that think tank of the two companies had planned strategic alliances in FY2014. Spokesperson Quashes […]

The Brokerage Unit Of Wells Fargo & Co (NYSE:WFC) Hires Eight Advisers

Wells Fargo Advisors which is the brokerage segment of Wells Fargo & Co (NYSE:WFC) announced that it hired eight advisers from Morgan Stanley (NYSE:MS) and brokerage company Edward Jones. Jonathan Zucker, G. “Carey” Revels and Craig Goldberg joined Wells Fargo from Morgan Stanley. Revels used to manage over $108 million in client assets at Morgan […]

Morgan Stanley (NYSE:MS) Elevates Two Senior Bankers In Asia To Run Its M&A Business

Boston, MA 10/14/2014 (wallstreetpr) – Morgan Stanley (NYSE:MS) has set its sights high in Asia especially in its Merger and Acquisition business. The company indicated its readiness to take on its peer, Goldman Sachs Group Inc (NYSE:GS), to challenge its position in the space in the region. Reorganizes Team The company’s intention appeared to be […]

Finish Line Inc. (NASDAQ:FINL) Stumbles on earnings as Nike Inc. (NYSE:NKE) Beats Estimates

Boston, MA 09/29/2014 (wallstreetpr) – Poor demand for basketball shoes continues to be the biggest headwind for mall-based retailer Finish Line Inc. (NASDAQ:FINL), which is experiencing the wrath of Wall Street after reporting poor second-quarter results. The effects of poor results that missed expectations continue to be felt far and wide, seen by the stock plummeting […]

Morgan Stanley (NYSE:MS)’s Move To Sell Oil Trading Unit In Russia Suffers A Setback

Boston, MA 09/26/2014 (wallstreetpr) – Diversified financial services provider, Morgan Stanley (NYSE:MS)’s move to divest its oil trading unit in Russia seems to have suffered a setback as the potential suitor Rosneft might back out of a deal to acquire it. The company has been facing pressures from the regulators to exit the business citing […]

JPMorgan Chase & Co. (NYSE:JPM) Generates $11.5 Billion From Fixed Income And Advisory Deals In First Half Of Current Year To Top Investment Bank Space

Boston, MA 09/26/2014 (wallstreetpr) – Financial services provider, JPMorgan Chase & Co. (NYSE:JPM) generated more revenues from its fixed income and advisory deals in the first six-month period of the current year compared to its peers. As a result, it ranked top among the investment banking space in the first two quarters. The company has […]

Freeport-McMoRan Inc (NYSE:FCX) Downgrade Continues on Excess Inventory

Boston, MA 09/24/2014 (wallstreetpr) – Natural resources company, Freeport-McMoRan Inc (NYSE:FCX) continued to witness its shares being downgraded by different brokerages citing copper inventory amidst slowing china economy. At least two analysts’ have downgraded the company’s shares in the current month of September. Downgraded Shares Tigress Financial Partners analyst, Ivan Feinseth, slashed its rating of […]

Morgan Stanley (NYSE:MS) Extends Euro Curve

Boston, MA 09/24/2014 (wallstreetpr) – Morgan Stanley (NYSE:MS) has extended the euro curve. Recently it started marketing its 8.5-year benchmark. The triple digit offer made by the company looked cheap to one of the bankers who said that secondary curve of MS could give around 15bp–20bp of new issue premium. Initially, an order worth €1.5bn topped […]

Morgan Stanley (NYSE:MS) Trader Joo Quits Playboy Club, Misses Bunnies

Boston, MA 09/23/2014 (wallstreetpr) – According to reports, a Morgan Stanley (NYSE:MS) trader-turned-chef has finally decided to quit her job and start a restaurant. People don’t leave investment banking jobs daily in order to pursue their hobbies as their career, but she has managed to do it eventually. Road so far: Joo, 39 decided to […]

Has Morgan Stanley (NYSE:MS) Become A Successful Bank In Post-Financial Crisis?

Boston, MA 09/19/2014 (wallstreetpr) – Financial services provider, Morgan Stanley (NYSE:MS) was one of the two financial institutions to convert themselves into a bank at the height of the financial imbroglio in 2008. Has it become successful for the company and has it addressed the doubts raised by skeptics about its survival? There was no […]

Nucor Corporation (NYSE:NUE) Issues Bullish Forecast For 3Q

Boston, MA 09/18/2014 (wallstreetpr) – Nucor Corporation (NYSE:NUE) expects its earnings in the current quarter to exceed what analysts have predicted. The company looks to achieve growth in the manufacturing, automotive and energy industries. Operation efficiencies and enhanced capacity are also expected to contribute positively in the current quarter’s performance and beyond. A number of […]

Sunoco Logistics Partners L.P. (NYSE:SXL) Prices Its Public Issue Of Units at 6.6% Discount To Its 52-Week High Price

Boston, MA 09/18/2014 (wallstreetpr) – Operator of logistics business, Sunoco Logistics Partners L.P. (NYSE:SXL), disclosed the pricing of its public offering of common units, which was 6.6% lower than the yearly high price. The company intends to use the proceeds to payback part of its outstanding borrowing. Pricing Public Issue The company has priced its […]

Is Dresser-Rand Group Inc (NYSE:DRC) Ready to Merge With Sulzer AG To Cut Its Tax?

Boston, MA 09/18/2014 (wallstreetpr) – Turbine and compressor manufacturer, Dresser-Rand Inc (NYSE:DRC) has been a takeover candidate for quite some time with companies like General Electric Company (NYSE:GE) and Siemens AG (ADR) (OCTMKTS:SIEGY) showing interest in the past. The latest to join the list of interested parties is Switzerland-based Sulzer AG. Merger Talks The pump […]