Browsing: M&A

Investment Banks to Exit Research?

04/10/2012
The Financial Times recently opined on the future of equity research, anticipating significant structural changes in the investment banking model.  Pressures on investment banks are likely to impact research, potentially ...

Markit Acquires Data Explorers

04/03/2012
Markit, a financial information provider best known for its CDS data, announced the acquisition of Data Explorers, a provider of securities lending data, from mid-market private equity firm Bowmark Capital. ...

Morgan Keegan Closes Equity Research Department

04/02/2012
New York, NY – In the wake of Raymond James’ acquisition of Memphis-based Morgan Keegan in January, management announced that Morgan Keegan was dropping coverage of all companies covered by ...

Connotate Acquires Fetch

03/13/2012
Connotate, Inc., a New Jersey-based provider of data mining software, announced that it has acquired Fetch Technologies, a data mining firm with a strong footprint in the retail sector.  Terms ...

Howard Weil Acquired by Scotiabank

03/09/2012
Bank of Nova Scotia announced it is acquiring New Orleans-based energy boutique Howard Weil Inc.  Terms were not disclosed. Howard Weil is an investment boutique firm focusing solely on ...

Another Broker Bites the Dust

02/02/2012
Kaufman Bros. LP, a minority-owned investment bank, ceased operations as of the end of January, according to a notice posted on its website.  The firm had a small equity research ...

Ticonderoga Surrenders

01/25/2012
Ticonderoga Securities, an agency broker which had absorbed research staff from Soleil Securities and Pali Capital, will be shutting down this week.  The firm’s failure underscores the pressure on all ...

CVC Dropped Acquisition of Convergex

01/06/2012
ConvergEx Inc., a trading-software company partially owned by Bank of New York Mellon Corp., announced last month that its July agreement to be bought by CVC Capital Partners ...

2011 in Review (M&A)

01/05/2012
Environment Last January, we predicted that 2011 would be a tough year for the research industry, and particularly for independents.  We understated the case.  At the Investorside Member’s Day meeting in ...

WJB Capital Shuts Down

01/04/2012
WJB Capital Group Inc., an agency broker which distributed third party research, shut its brokerage operations yesterday.  According to research firms distributed by WJB, they were notified about the closure ...
1 27 28 29 30 31 32