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- Lawsuits, Poker and the Death of a Boutique Bank
- By Elinor ComlayNEW YORK (Reuters UK) - In September 2008, as Lehman Brothers was breaking into a million pieces, a young investment bank was pushing up through the rubble.Pali Capital, a boutique firm specialising in derivatives and fixed-income trading, was one of the few financial outfits hiring traders and bankers...
- News items 2010-03-10
- MetLife Seals Alico Deal After Two-year Quest
- By Paritosh BansalNEW YORK (Reuters) - MetLife Inc MET pursued AIG's AIG foreign life insurance business for two years before finally clinching a $15.5 billion purchase that will give it beachheads in 47 nations from Peru to Bangladesh.The deal for American Life Insurance Co will help MetLife, already the largest...
- News items 2010-03-08
- MetLife Seals Alico Deal
- By Paritosh BansalNEW YORK (Reuters UK) - MetLife Inc MET pursued AIG's AIG foreign life insurance business for two years before finally clinching a $15.5 billion (10 billion pound) purchase that will give it beachheads in 47 nations from Peru to Bangladesh.The deal for American Life Insurance Co will help...
- News items 2010-03-08
- Treasury Swap Spread Smallest Since 1988 as Greece Creates Plan
- March 3 Bloomberg -- The U.S. interest-rate swap spread narrowed to the smallest since 1988 as Greece prepared to unveil measures to cut the European Union's largest deficit, fanning optimism credit risk will be contained.The difference between the rate to convert fixed payments to floating and similar-maturity Treasuries over 10...
- News items 2010-03-02
- Before the Bell: Netflix, Pfizer, ADP data in the spotlight
- U.S. stock futures on Wednesday pared losses after a report of 20,000 private-sector job losses, though a negative drug trial weighed on market giant Pfizer. See Indications.Global marketsGreece announced a fresh series of tax hikes and budget cuts that helped lift the value of its bonds, though stocks...
- News items 2010-03-03
- rue21 Inc Q4 2009 Earnings Call Transcript (Prepared Remarks)
- Earnings Call Excerptrue21 Inc RUE Q4 2009 Earnings Call Transcript Prepared Remarks March 16, 2010, 4:30 pm ET Executives Jean Fontana, IR, ICR Bob Fisch – Chairman, President, and CEO Keith McDonough – SVP and CFO Kim Reynolds – SVP and General Merchandise Manager Analysts Brian Tunick – JP...
- Earnings calls 2010-03-17
- Sallie Mae Borrowing Itself Into a Hole
- Sometimes I have to actually read articles twice, because it really seems that I have somehow missed the point the first time around. Well, on my third glance at this Bloomberg article, I still don't get it: SLM Sells Debt at Higher Interest Rate Than Students Pay:...
- News items 2010-03-18
- Bharti Nears $9 Billion Zain Purchase; Debt May Drag Earnings
- March 22 Bloomberg -- Bharti Airtel Ltd. moved a step closer to its proposed $9 billion acquisition of Zain's African assets after it arranged funding for 90 percent of the bid, a level of debt that may drag on earnings for the next year."At least three quarters if not four...
- News items 2010-03-21
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