Morning six-pack: What we're reading Monday
Happy Monday. Several highly anticipated events will finally happen this week, some after months—years, really—of speculation about what they'll look like.
Steve Cohen's embattled hedge fund firm, SAC Capital Advisors, is expected to plead guilty Monday to at least one count of securities fraud and agree to pay an additional $1.2 billion in fines, according to CNBC's Kate Kelly.
Troubled smartphone maker BlackBerry has abandoned a buyout bid from Fairfax Financial, and has jettisoned CEO Thorsten Heins in a bid to right itself ahead of a Monday deadline for offers to buy the company. (Globe and Mail)
New York City decides who will be its next mayor on Tuesday. I found that some surprising Wall Street names--including employees of SAC, Goldman Sachs and Baupost Group--have emerged as supporters of populist candidate and likely winner Bill de Blasio.
Next is the Twitter initial public offering, which is set to price Wednesday night and begin trading Thursday. (Bloomberg)
Finally, the October jobs report--delayed by the government shutdown—comes out Friday. (BLS)
—By CNBC's Lawrence Delevingne. Follow him on Twitter