Author Michael Mayhew
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Wall Street Layoffs Dip While Hirings Stall
05/11/2015
According to a private jobs survey, Wall Street layoffs in April dipped for the third consecutive month suggesting the overall employment picture is continuing to improve. However, investment banks are ...
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Canaccord Adds Dedicated US REIT Team
05/07/2015
Canaccord Genuity, a Canadian investment bank, hired 5 specialist research, sales, and investment banking professionals from MLV & Co. to beef up their global REIT offering. The team will be ...
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Thomson Reuters Reports 1st Qtr Revenues Down 3%
04/30/2015
Thomson Reuters today reported financial results for the 1st Qtr ended March 31, 2015. Revenues for the global business information company fell 3% due to the negative impact of foreign ...
US IPO Volume Plunges in 1st Qtr
04/27/2015
While equity commission volumes surged for many Wall Street firms in the first quarter, IPO volume plunged during that same period, falling to the lowest level seen since the first ...
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Morningstar 1Qtr Earnings Misses Street Expectations
04/24/2015
Morningstar, Inc. (NASDAQ: MORN), a Chicago-based independent research and ratings provider, announced its first quarter 2015 earnings of 67 cents per diluted share, lower than the 68 cents per share ...
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Supreme Court Refuses To Hear Insider Trading Appeal
04/21/2015
On Monday, the US Supreme Court refused to hear former McKinsey & Co. partner, Rajat Gupta’s appeal of his 2012 insider trading conviction. The high court denied this appeal without ...
Senator Grassley Renews Push For Political Intelligence Legislation
04/20/2015
Despite having similar language removed from a bill a few years ago, Senator Grassley recently announced that he plans to re-introduce bipartisan legislation requiring the disclosure of any political intelligence ...
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Is the Job Outlook Really Improving on Wall Street?
04/13/2015
According to a private jobs survey, layoffs on Wall Street dipped for the second consecutive month in March suggesting that the overall employment picture is continuing to improve. However, a ...
Bharara Denied Chance to Reconsider Insider Trading Case
04/06/2015
A federal appeals court handed US prosecutors another big loss when they rejected Preet Bharara’s request to rehear the case which led to their overturning two key insider trading convictions ...
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Morgan Stanley Expands China Equity Research Team
03/30/2015
Global investment bank Morgan Stanley is planning to double its coverage of mainland China focused equity research in response to the Chinese government’s plan to link the stock exchanges in ...