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Friday, May 9, 2020
From Breaking Even, Inc. - view blog entries - visit this blog
May 9, 2020 at 7:38 am ET
If Life Hands You FEMA Chicken Soup, Put It In Your Pantry Optimism will always get you far. And so can a little sarcasm for that matter! The following guest post was written by one ... (more)

From Calculated Risk - view blog entries - visit this blog
May 9, 2020 at 7:38 am ET
Exhibit 1, Floyd Norris, NYT:Now the mortgage company is warning that it may not be able to pay its bills, and has set out to force those who lent money to it to agree to ... (more)

From Seeking Alpha - view blog entries - visit this blog
May 9, 2020 at 7:37 am ET
Stockerblog submits: Mother's Day, is this Sunday, so if you haven't done the shopping for your mother and/or wife, then you had better get a move on. You may want to consider a gift of ... (more)

From Alphaville - view blog entries - visit this blog
May 9, 2020 at 7:36 am ET
FT Alphaville, the FT's hyper-active financial blog, is looking to expand. We need a new reporter immediately to replace Helen Thomas, who has escaped to New York to write Lex. But we are also looking ... (more)

From DealBook - view blog entries - visit this blog
May 9, 2020 at 7:34 am ET
RealNetworks said Thursday that it plans to spin off its casual games business into a separate company and distribute its shares to RealNetworks stockholders. RealNetworks, which also operates the Rhapsody online music service and provides the ... (more)

From DealBook - view blog entries - visit this blog
May 9, 2020 at 7:34 am ET
The Carlyle Group will lead a 58.1 billion yen ($560 million) management buyout of an LCD glass venture jointly owned by Japan’s Hoya and Nippon Sheet Glass, Hoya said on Friday. Under the agreement, Nippon Sheet ... (more)

From Seeking Alpha - view blog entries - visit this blog
May 9, 2020 at 7:34 am ET
Trader Mark submits:I don't own these 2 names directly but do own peers, and these are bellweathers for their sectors so I thought I'd post them. One thing to note  - despite great numbers, the stocks are ... (more)

From DealBook - view blog entries - visit this blog
May 9, 2020 at 7:32 am ET
The Marvell Technology Group, a maker of semiconductors, agreed on Thursday to pay a $10 million civil fine to settle regulators’ accusations of improper backdating of stock options. The Securities and Exchange Commission announced the settlement ... (more)

From Seeking Alpha - view blog entries - visit this blog
May 9, 2020 at 7:32 am ET
Matthew Smith submits: Uranium equities have continued their downturn after a period where it appeared we may have been flat-lining. Unfortunately for those still holding, many of these stocks dipped further in recent trading days ... (more)

From DealBook - view blog entries - visit this blog
May 9, 2020 at 7:31 am ET
SlideShare, the PowerPoint social network backed by Dallas Mavericks owner Mark Cuban and others, has closed on a $3 million A round led by Venrock, the company announced Thursday. David Siminoff, a general partner at Venrock, ... (more)

From Seeking Alpha - view blog entries - visit this blog
May 9, 2020 at 7:31 am ET
Shai Dardashti submits: Wesco Annual Meeting, Pasadena CA 2008 May 7, 2020 Notes courtesy of Peter Boodell; thank you! (As is standard, no recording equipment was used to reproduce these notes. My high school typing teacher gets all the credit. ... (more)

From DealBook - view blog entries - visit this blog
May 9, 2020 at 7:31 am ET
Julius Baer Holding Friday tempered profit expectations as the strong Swiss franc and unpredictable markets ate into managed assets. However, Julius Baer said its private bank continues to garner “significant” fresh funds from wealthy clients. The Zurich-based ... (more)

From DealBook - view blog entries - visit this blog
May 9, 2020 at 7:30 am ET
Serious Business, a San Francisco-based Internet application start-up, has raised $4 million in Series A funding, according to a regulatory filing. Lightspeed Venture Partners led the round, with partner Jeremy Liew taking a board seat. Go ... (more)

From Free From Broke - view blog entries - visit this blog
May 9, 2020 at 7:30 am ET
Not sure if you’ve noticed the little Twitter box on my right sidebar. I’ll wait while you scroll down to look at it… Whaddya think? I signed up for Twitter and you can ... (more)

From DealBook - view blog entries - visit this blog
May 9, 2020 at 7:30 am ET
Lime Rock , a private equity firm that focuses on the global energy sector announced Thursday that it had closed its fifth Lime Rock Partners fund, Lime Rock Partners V, L.P., with a total $1.4 ... (more)

From DealBook - view blog entries - visit this blog
May 9, 2020 at 7:28 am ET
Société Générale, the French bank hit by a rogue trading scandal, said Didier Valet would become its new chief financial officer. Mr. Valet, a 40-year old graduate of the prestigious Ecole Polytechnique who has been with ... (more)

From DealBook - view blog entries - visit this blog
May 9, 2020 at 7:27 am ET
Shares in nuclear power generator British Energy fell 2.5 percent on Friday on fading hopes that a bidding war would push up the price for the stake being sold by the British government. Bidders interested in ... (more)

From Seeking Alpha - view blog entries - visit this blog
May 9, 2020 at 7:24 am ET
Faisal Laljee submits: Summer is around the corner. Rebate checks are in the mail. So what are people going to buy with their checks? Wal-Mart (WMT) is cashing the checks for free. Sears (SHLD) is offering a ... (more)

From Seeking Alpha - view blog entries - visit this blog
May 9, 2020 at 7:24 am ET
Michael Shedlock submits: Cities and municipalities have been promising government workers more in salaries and pension benefits than cannot possibly be met. Unfunded liabilities are mounting and the ticking time bomb finally went off. What had to happen, ... (more)

From Seeking Alpha - view blog entries - visit this blog
May 9, 2020 at 7:23 am ET
Jose Liz-Moncion submits: Activision (ATVI) has confirmed that three times as many Guitar Hero SKUs will be coming in the next fiscal year, as well as that Call of Duty 5 will be released for Wii, ... (more)

From DealBook - view blog entries - visit this blog
May 9, 2020 at 7:22 am ET
Sovereign Bancorp , the second-largest U.S. savings and loan, plans to raise just over $1 billion in an equity offering to help it navigate a difficult economic environment, Reuters reported. The offering will be broadly distributed ... (more)

From DealBook - view blog entries - visit this blog
May 9, 2020 at 7:20 am ET
Sprott, a mining and energy hedge fund, raised 200 million Canadian dollars ($197 million) in the biggest Canadian initial public offering in five months. The 20 million shares were sold at 10 Canadian dollars each, in ... (more)

From Seeking Alpha - view blog entries - visit this blog
May 9, 2020 at 7:20 am ET
Michael Shedlock submits: I have been talking about the non-stimulus of tax rebate checks for a while. My latest were Stimulus Checks Already Spent and Economic Stimulus Not a Silver Bullet. Professor Kevin Depew added yet another ... (more)

From DealBook - view blog entries - visit this blog
May 9, 2020 at 7:20 am ET
Shares in Julius Baer Holding rose Thursday amid rumors British bank Standard Chartered is preparing a bid, valuing the Swiss private bank at over 23 billion Swiss francs ($2.2 billion) Financial News said that the Zurich-based ... (more)

From Seeking Alpha - view blog entries - visit this blog
May 9, 2020 at 7:20 am ET
John Jansen submits: Prices of Treasury coupon securities have posted modest gains in overnight trading amidst a news cycle which has generated some angst amongst the equity crowd. AIG initiated the queasy feeling when it ... (more)

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