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New York & Company latest news:
American Greetings LBO backed by US$370m term loan
NEW YORK, Feb 16 (LPC) - US greeting card and stationer
American Greetings’ leveraged buyout by private firm Clayton,
Dubilier & Rice (CD&R) will be backed by a roughly US$370m
institutional term loan, according to three sources familiar
with the matter.
Paulson holds stake steady in gold investments in fourth quarter of 2017: filing
NEW YORK (Reuters) - New York-based Paulson & Co, led by longtime gold bull John Paulson, kept its stake in gold investments during the fourth quarter of 2017, while other heavyweights including...
Paulson holds stake steady in gold investments in Q4 2017 -filing
NEW YORK, Feb 14 (Reuters) - Paulson & Co kept its stake in
SPDR Gold Trust at 4.36 million shares during the fourth
quarter of 2017, though the value rose to $539.1 million, up
from $530 million in the third quarter, a U.S. Securities and
Exchange Commission filing showed on Wednesday.
Fed orders Wells Fargo to halt growth over compliance issues
WASHINGTON/NEW YORK (Reuters) - Wells Fargo & Co detailed new regulatory restrictions imposed by the U.S. Federal Reserve on Friday that sent its shares down sharply in after-hours trading, as the third-largest U.S. bank continues to reel from a sales scandal that erupted in 2016.
AstraZeneca is sued by Array BioPharma over cancer drug royalties
NEW YORK, Feb 1 (Reuters) - Array BioPharma Inc on
Thursday sued AstraZeneca AB, accusing the
pharmaceutical company of refusing to pay required royalties for
a cancer drug after entering into an $8.5 billion collaboration
with Merck & Co.
Amazon, Berkshire, JPMorgan partner to cut U.S. healthcare costs
NEW YORK (Reuters) - Amazon.com Inc , Berkshire Hathaway Inc and JPMorgan Chase & Co said on Tuesday they will form a company to cut health costs for hundreds of thousands of their employees, setting up a major challenge to an inefficient U.S. healthcare system.
JPMorgan promotes Pinto and Smith, fueling race to succeed Dimon
NEW YORK (Reuters) - JPMorgan Chase & Co on Monday promoted Daniel Pinto and Gordon Smith to be co-presidents and co-chief operating officers.
JPMorgan promotes Pinto and Smith to co-presidents
NEW YORK, Jan 29 (Reuters) - JPMorgan Chase & Co has
promoted Daniel Pinto and Gordon Smith to be co-presidents and
co-chief operating officers, the company said on Monday.
REFILE-JPMorgan sees brick-and-mortar branches pivotal to U.S. expansion
NEW YORK, Jan 23 (Reuters) - JPMorgan Chase & Co
sees brick-and-mortar banking as essential to expanding into
more than a dozen markets over five years, even though customers
do 80 percent of their transactions online or at ATMs, a bank
executive said on Tuesday.
Netflix lifts S&P, Nasdaq; J&J, Procter hold Dow in check
NEW YORK (Reuters) - U.S. stocks advanced on Tuesday, as strong results from Netflix helped lift the S&P and Nasdaq Composite, but the Dow Industrials were hemmed in by declines in Johnson & Johnson and Procter & Gamble.
Investors most bullish U.S. longer-dated bonds since June -JPMorgan
NEW YORK, Jan 23 (Reuters) - The share of investors holding
more longer-dated U.S. Treasuries than their benchmarks hit its
highest in almost seven months, reflecting the view that the
bond market selloff may be overdone, JPMorgan Chase & Co's
latest client survey showed on Tuesday.
Benchmark 10-year Treasury yields hit a 3-1/2
year peak at 2.672 percent on Monday on hopes of domestic
inflation accelerating and speculation the Bank of Japan and
European Central Bank are preparing to redu
More than 10 percent of $3.7 billion raised in ICOs has been stolen: Ernst & Young
NEW YORK (Reuters) - More than 10 percent of funds raised through "initial coin offerings" are lost or stolen in hacker attacks, according to new research by Ernst & Young that delves into the risks...
Wells Fargo sees no end yet to sales scandal costs, gets tax boost
NEW YORK (Reuters) - Wells Fargo & Co is not certain it has fully uncovered and fixed all problems related to a long-running sales scandal that has hurt the bank's reputation and sideswiped its efforts to cut costs, Chief Executive Tim Sloan said on Friday.
UPDATE 4-Wells Fargo sees no end yet to sales scandal costs, gets tax boost
NEW YORK, Jan 12 (Reuters) - Wells Fargo & Co is not
certain it has fully uncovered and fixed all problems related to
a long-running sales scandal that has hurt the bank's reputation
and sideswiped its efforts to cut costs, Chief Executive Tim
Sloan said on Friday.
New construction to lift Manhattan office rents in 2018 -Cushman
The largest amount of new construction to hit Manhattan since the 1980s will lift asking rents this year for office space in New York as demand likely continues to grow faster than the U.S. average, executives from Cushman & Wakefield said on Wednesday.
BRIEF-New York & Co Inc Says Miki Racine Berardelli Elected As Member Of Co's Board
* NEW YORK & COMPANY- ON JAN. 3, 2018, BOARD OF DIRECTORS OF
ELECTED MIKI RACINE BERARDELLI TO BE MEMBER OF CO'S BOARD OF
DIRECTORS -SEC FILING
Net shorts on U.S. longer-dated bonds hit 11-week low -JPMorgan
NEW YORK, Jan 3 (Reuters) - The margin of investors who said
they had fewer longer-dated Treasuries than their benchmarks
over those who held more than their benchmarks fell to an
11-week low, JPMorgan Chase & Co's latest client survey showed
Investors had ramped up holdings of longer-dated government
debt at year-end following the most dramatic overhaul of the
U.S. tax code in 30 years and on expectations that inflation
would remain muted and the Federal Reserve would rais
JPMorgan pays $2.8 million fine over improper safeguards for customers
NEW YORK (Reuters) - JPMorgan Chase & Co will pay $2.8 million to settle charges that a broker-dealer unit lacked sufficient controls to safeguard customer securities from several countries over more than eight years, a U.S. regulator said on Wednesday.
MOVES-JPMorgan's Dimon adds public policy chief Scher to executive panel
NEW YORK, Dec 21 (Reuters) - JPMorgan Chase & Co CEO
Jamie Dimon on Thursday added Peter Scher, global head of
corporate responsibility, to the bank's 10-member operating
committee of top executives.
AT&T, two banks offer bonuses, pay hikes in wake of U.S. tax reform
NEW YORK (Reuters) - AT&T Inc, Wells Fargo & Co and Boeing Co led the way on Wednesday in promising more pay for workers or more investment in training in the wake of the biggest overhaul of the U.S. tax code in 30 years.
JPMorgan Chase powers up robo-adviser for fintech race
By David Henry and Elizabeth Dilts
NEW YORK, Dec 20 (Reuters) - JPMorgan Chase & Co is
powering up a lower-cost computerized investment management tool
this week and plans to offer the robo-adviser to some clients
next March and on a wide scale in the middle of the year.
The company will file required disclosures on Wednesday with
the U.S. Securities and Exchange Commission, bank officials told
Reuters, so they could start testing the service this week with
fewer than 100 employee ac
Humana in talks to buy Kindred Healthcare with equity firms -source
NEW YORK, Dec 17 (Reuters) - U.S. health insurer Humana Inc
is in advanced talks to acquire acute care provider
Kindred Healthcare Inc in partnership with private
equity firms Welsh, Carson, Anderson & Stowe and TPG, a source
familiar with the matter said on Sunday.
An update on winners and losers on the U.S. tax scorecard
NEW YORK (Reuters) - In the lead-up to the conference agreement for the U.S. Tax Cut & Jobs Act released on Friday, there were too many moving parts for most Americans to know how it would affect...
BRIEF-Salisbury Bank And Trust Agrees To Buy Bank Unit Of Orange County Bancorp
Salisbury Bancorp Inc(SAL): * SALISBURY BANK AND TRUST COMPANY AGREES TO BUY THE FISHKILL, NEW YORK BRANCH OF ORANGE BANK & TRUST COMPANY FOR ITS RIVERSIDE DIVISION. * SAYS EXECUTED AGREEMENT TO ACQUIRE FISHKILL, ASSUME ABOUT $23 MILLION IN DEPOSITS AND PURCHASE ABOUT $8 MILLION IN BRANCH RELATED LOANS Source text for Eikon: Further company coverage:
UPDATE 1-JPMorgan CFO sees fourth-quarter market revenue down 15 pct
NEW YORK, Dec 5 (Reuters) - Financial markets quarterly
trading revenue at JPMorgan Chase & Co is running about
15 percent lower than a year earlier, Chief Financial Officer
Marianne Lake said on Tuesday at an investor conference.
BRIEF-New York & Company, Inc. Announces Q3 Gaap Earnings Per Share $0.01
* NEW YORK & COMPANY, INC. ANNOUNCES 2017 THIRD QUARTER
AND INTRODUCES Q4 GUIDANCE
UPDATE 2-JPMorgan's Dimon says Trump likely to be a one-term president
CHICAGO/NEW YORK, Nov 22 (Reuters) - Jamie Dimon, chief
executive officer of JPMorgan Chase & Co, on Wednesday
said he expects to see a new U.S. president in 2021 and advised
the Democratic party to come up with a "pro-free enterprise"
agenda for jobs and economic growth instead.
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