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.» Read More
*Sanofi looking to sell mature products with $3.7 bln sales. *Sanofi shares gain 1.5 percent. Shares in Sanofi rose 1.5 percent in early trade on Wednesday following the news.
LONDON/ NEW YORK, April 29- Sanofi SA is looking to sell a portfolio of mature drugs that could fetch between $7 billion and $8 billion, according to people familiar with the matter, yet another example of drugmakers trying to shed non-core assets and focus on high-growth areas.
April 22- Netflix Inc's planned price hikes will allow the video streaming company to increase spending on original content that will help attract more customers globally, analysts said, as many of them raised their price targets on the stock.
The company raised about $163 million after its offering was priced at $25, below the expected price range of $26- $29 per share. Moelis, founded and led by veteran Wall Street investment banker Ken Moelis, offered 6.5 million shares of Class A common stock, lower than the 7.3 million it had initially planned.
NEW YORK/ HAMBURG, April 14- Wi-Fi in the sky is taking off, promising much better connections for travelers and a bonanza for the companies that sell the systems.
MOSCOW, April 9- Russia's biggest gold miner Polyus Gold is considering delisting from London, Kommersant newspaper said on Wednesday, which would make it the first Russian company to heed a call by officials to bring assets home to survive Western sanctions.
MOSCOW, April 9- Russia's largest steelmaker, Evraz, posted on Wednesday a 2013 net loss of $572 million, 35 percent deeper than in 2012 due to "cyclical headwinds" and said the political standoff with Ukraine could hit its business.
*Investors to get 0.8 Sun Pharma share per Ranbaxy share.
NEW YORK, April 3- Boeing Inc is considering buying Mercury Systems Inc, a supplier of digital signal and image processing systems to the aerospace and defense industry, according to two people familiar with the matter.
NEW YORK, April 2- A former investment banker at Evercore Group pleaded guilty on Wednesday to criminal charges that he engaged in insider trading and used proceeds to pay a one-time mistress to support their child.
March 27- Accenture Plc warned that weakness in its consulting business that hurt second-quarter results would carry on though the year, sending its shares down as much as 8 percent. Accenture raised its full-year profit forecast and the lower end of its revenue forecast.
LOS ANGELES, March 20- Young actors Shailene Woodley and Theo James arrived on the Hollywood set of the "Jimmy Kimmel Live" TV talk show by sliding above a cheering crowd while harnessed to a zip line, a dramatic entrance to spark interest in "Divergent," the movie Lions Gate Entertainment Corp hopes to make its next hit franchise.
NEW YORK, March 18- New York state's attorney general on Tuesday said U.S. stock exchanges and alternative trading platforms provide high-frequency traders with unfair technological advantages that give them early access to key data.
SAO PAULO, March 11- Moelis& Co LLC, the financial firm founded by banker Ken Moelis, opened an office in Brazil on Tuesday, the latest move by an independent investment bank into the merger and acquisitions business in Latin America's biggest economy.
March 4- Investment banker Ken Moelis' boutique investment firm, Moelis& Co, filed to go public as it looks to take advantage of rising demand for independent advisory services and an improving market for public offerings in the United States.
A former senior managing director at Evercore charged on Friday with securities fraud and other violations, according to a court filing.
According to the charges, Hixon, who worked in Evercore's mining and metals group, allegedly arranged trades in shares of Evercore as well as two other companies: Westway Group, which merged last year with EQT Infrastructure II, and Titanium Metals Corp, which was purchased last year by Precision Castparts Corp.
NEW YORK, Feb 21- A former senior managing director at Evercore Group was charged on Friday with securities fraud and other violations for setting up trades in accounts held by an ex-girlfriend and a close relative based on secret information he collected at work, according to a court filing.
JPMorgan Chase& Co, former top Morgan Stanley banker Paul Taubman and Barclays, which together advised Comcast, would split an estimated $51 million to $68 million in advisory fees if the proposed deal goes through, according to estimates by Freeman& Co LLC.
SAN FRANCISCO, Feb 12- Graphics chipmaker Nvidia Corp has halted plans to build a flashy new campus that could have rivaled the architectural ambitions of major Silicon Valley neighbors like Facebook Inc and Apple Inc.