| IntercontinentalExchange posts 4Q profit surge (AP) IntercontinentalExchange Inc., an over-the-counter and futures exchanges operator, posted a 72 percent profit increase for the fourth quarter Wednesday, spurred by higher fees from increased trading volume in energy. us.rd.yahoo.com |
BPW shareholders approve Talbots buyout (AP) Shareholders of BPW Acquisition Corp., a special-purpose acquisition company, agreed on Wednesday to be bought out by women's clothing seller Talbots Inc. as part of a broader restructuring plan to help the retailer. us.rd.yahoo.com |
Traders pin hopes on second-quarter results (at Financial Times) Investors will look to US companies to repeat last quarter's stellar earnings performance when they begin reporting second-quarter results next week. us.rd.yahoo.com |
Heads private equity wins, tails you lose (at Financial Times) Something seems to be stirring in the world of private equity. Deals are on the increase - witness the $4.5bn bid for the UK engineer Tomkins last week - and Blackstone has just raised a new $13.5bn buy-out fund. us.rd.yahoo.com |
Disclosure lapse hits Morgan Stanley (at Fortune) A regulator slapped Morgan Stanley with an $800,000 fine for thousands of disclosure violations over four years. The Financial Industry Regulatory Authority, or Finra, said the giant firm failed in 6,836 cases between April 2006 and this past June to disclose research analyst conflicts of interest. us.rd.yahoo.com |