Evercore Partners Inc


  • *BMW and China dealers reach settlement over subsidies. SHANGHAI/ FRANKFURT, Jan 5- BMW will pay 5.1 billion yuan to auto dealers who pressured Europe's top luxury carmaker to share the cost of overstocked showrooms in the world's largest car market, BMW's main Chinese dealership group said on Monday. BMW started subsidizing its dealers in 2012 due to falling...

  • Boutique M&A firms log one helluva year Wednesday, 19 Nov 2014 | 2:04 PM ET
    A Goldman Sachs sign hangs on the floor of the New York Stock Exchange.

    The M&A frenzy this year will mean bonus checks for Wall Street's biggest rainmakers. But the happiest bankers may work at small firms.

  • NEW YORK, Nov 7- With the U.S. third-quarter. While most Standard& Poor's 500 companies beat analysts' expectations for third-quarter earnings, many just barely topped estimates, said Pankaj Patel, head of quantitative research at Evercore ISI in New York. Of the S&P 500 companies that had reported results as of early this week, 66 percent exceeded expectations,...

  • Oct 30- Western Union Co, the world's largest money-transfer company, reported a better-than-expected quarterly profit as the company benefited from its digital money transfer services. Western Union has cut prices and invested heavily in its online and mobile businesses to better compete with fast-growing rivals such as MoneyGram International Inc,...

  • Oct 21- Omnicom Group Inc said it was on track to exceed its full-year organic revenue growth target, thanks to increased advertising by U.S. businesses. Omnicom, whose $35 billion merger with France's Publicis Groupe SA was called off in May, forecast full-year organic revenue growth of around 4 percent in February. Omnicom's clients include Apple Inc,...

  • UPDATE 1-U.S. ad spending boosts Omnicom third quarter Tuesday, 21 Oct 2014 | 8:29 AM ET

    Oct 21- Omnicom Group Inc, the No. 1 U.S. advertising company, reported quarterly revenue and profit above analysts' expectations, boosted by higher ad spending in the United States. Omnicom, whose merger with France's Publicis Groupe SA was aborted in May, said revenue rose 7.4 percent to $3.75 billion in the third quarter while ad revenue rose 12.5 percent.

  • Fed caution about rate hike right move: Ray Dalio Wednesday, 1 Oct 2014 | 9:55 AM ET
    Ray Dalio, Bridgewater Associates

    Ray Dalio, founder of the world's biggest hedge fund Bridgewater Associates, says the Fed should wait for inflation signs before hiking interest rates.

  • Murdoch's Fox expected to push for Time Warner deal Tuesday, 5 Aug 2014 | 6:40 AM ET
    Pedestrians walk past the Time Warner Center in New York.

    Rupert Murdoch's Twenty-First Century Fox is expected to make an aggressive case for merging with Time Warner during its quarterly earnings call.

  • Early movers: KORS, BRK, GS, GM, MSFT, MCD & more Monday, 4 Aug 2014 | 7:37 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Evercore Partners to buy ISI Group Monday, 4 Aug 2014 | 6:12 AM ET
    Evercore Partners webpage

    Evercore Partners said it plans to acquire the operating business of ISI International Strategy & Investment.

  • Dealmakers to DC: Act now before best US firms bolt Friday, 27 Jun 2014 | 9:47 AM ET

    Two of Wall Street's most influential dealmakers have a message for Washington: Make U.S. corporate taxes more competitive in the global economy before its too late.

  • Squawking Rick Perry in the hotseat on gay remarks Thursday, 19 Jun 2014 | 1:49 PM ET
    Texas Gov. Rick Perry speaks during the final day of the 2014 Republican Leadership Conference on May 31, 2014 in New Orleans.

    In our Talking Squawk blog, Joe appears on "The Daily Show" in a clip of his Rick Perry interview; Becky loses her breath on TV; and Andrew talks cocktails.

  • Merck explores $15 billion drug portfolio sale: Sources Wednesday, 30 Apr 2014 | 10:20 PM ET
    Merck employees walk past a Merck sign in front of the company's building in Summit, New Jersey.

    Merck is considering selling a big portfolio of mature drugs that could fetch more than $15 billion, according to people familiar with the matter.

  • Pfizer on UK charm offensive as fresh AZ bid looms Wednesday, 30 Apr 2014 | 3:15 AM ET

    Ian Read, CEO of Pfizer, flew into London for a round of meetings with politicians and investors ahead of an expected fresh bid for AstraZeneca.

  • Airlines warm to web-surfing in the friendly skies Monday, 14 Apr 2014 | 7:17 AM ET

    Wireless Internet access in the sky is taking off, promising better connections for travelers and a bonanza for companies that sell the systems.

  • Former Evercore director charged with fraud Friday, 21 Feb 2014 | 2:29 PM ET
    Preet Bharara, U.S. attorney for the Southern District of New York

    A former senior managing director at Evercore charged on Friday with securities fraud and other violations, according to a court filing.

  • Spy scandals weighs on US tech firms in China Thursday, 14 Nov 2013 | 7:00 PM ET

    U.S. technology companies may face new challenges selling their goods and services in China as fallout from the U.S. spying scandal takes a toll.

  • Joe, Becky, and Andrew squawk their Top 10 bands Thursday, 14 Nov 2013 | 6:25 PM ET
    The Eagles, circa 1970

    Which bands are the all-time best? Winklevosses, what's up with bitcoin? Is a tech wreck brewing? Answers to these questions and more in "Talking Squawk."

  • Your first trade for Friday Thursday, 24 Oct 2013 | 1:22 PM ET
    Fast Money Final Trade

    The "Fast Money" traders share their final trades of the day.

  • Squawking with Wall St.'s big brains about Fed Friday, 20 Sep 2013 | 4:44 AM ET

    "Talking Squawk" looks at what the smartest investors, including Stanley Druckenmiller, Warren Buffett and David Tepper, think about the nontaper.