Tag Archives: IPOs

Your Daily Dose of Financial News

BY: Michael D. Reif | January 10, 2019

A quick spin through the Fed’s December minutes shows that most Fed officials are set on slowing their previously regular rate hike schedule, only reinforcing the message that Fed Chair Powell delivered last week that the central bank will “assess economic conditions before considering additional interest rate increasing” – NYTimes and WSJ and Bloomberg and … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | October 27, 2016

Faced with new Department of Labor rules requiring investment advisers to act in the best interest of their retirement account customers, Morgan Stanley’s decided to let its customers keeping paying for retirement advice with commissions—a marked departure from rival Merrill Lynch, which is dropping the traditional commission-based model for a percentage-of-assets fee-based model – WSJ … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | May 16, 2016

We’ve been hearing a lot about Verizon’s bid for Yahoo.  But it’s not alone. In fact, it’s bringing some odd folks to the table together.  Case in point: Warren Buffet and Quicken Loans’ Dan Gilbert – NYTimes and Bloomberg In a year in which IPOs have been as mythical as Silicon Valley unicorns, June—traditionally the … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | April 18, 2016

Major oil-producing countries failed to reach an agreement to cap production at meetings held this weekend at Doha. Expect markets not to take this news well – WSJ and Bloomberg IPOs have been down—way down—in the start to 2016.  With news that Jose Cuervo’s got one in the works, it seems that maybe a little … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | February 19, 2016

Barclays has agreed to pay $50 million to settle claims by Plaintiff Axiom Investment Advisors that it “misused a system intended to block stale foreign exchange prices as a way to boost the bank’s profits while hurting clients.” Barclays has also agreed to provide information that Axiom believes will help it pursue similar claims against … Continue reading