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Meet the bankers making the $109 billion beer deal of the decade happen
Budweiser owner AB InBev has reached an agreement with Miller maker SABMiller to combine forces in the biggest beer deal of the decade.AB InBev raised its offer for SABMiller to £44 ($67.62) a share,...
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One of the world's biggest high-speed trading firms is killing it
Virtu Financial, one of the biggest high-speed trading firms in the world, likely killed it in the third quarter.The electronic trading firm, which reports third quarter earnings on November 4, is...
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JPMorgan misses third quarter earnings (JPM, WFC, C, GS, BAC)
JPMorgan's third quarter earnings are out and the bank missed analyst estimates.The bank reported net income of $6.8 billion and earnings per share of $1.68, but said underlying earnings - excluding...
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Here's what Wall Street's saying about a star exec's sudden exit and his...
This is the kind of news that sends whispers flying around Wall Street.Michael Novogratz, the CIO of Fortress Investment Group's macro fund, will step down at the end of this year. His $2.3 billion...
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JPMORGAN CFO: Markets are tough and Q4 is going to disappoint
JPMorgan reported third-quarter earnings on Tuesday that missed analyst estimates.On a conference call following the earnings release, Chief Financial Officer Marianne Lake made a dark prediction for...
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DIMON: JPMorgan is prepared for $30 oil
Jamie Dimon isn't sweating dropping oil prices."We've stress tested for $30 [per barrel] oil," Dimon said during the question-and-answer portion of JPMorgan's third-quarter earnings call.The bank...
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Bank of America beats
Bank of America reported third-quarter earnings on Wednesday that beat expectations.The bank reported earnings per diluted share of $0.37 on revenue $20.7 billion.Analysts were expecting earnings per...
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Wells Fargo beats
Wells Fargo reported third quarter earnings on Wednesday that beat expectations.The bank reported diluted earnings per share of $1.05 on revenue of $21.9 billion.Analysts were expecting earnings per...
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The IPO market is about to face its biggest test of the year (ABS, FDC, KKR,...
Two of the biggest initial public offerings to hit Wall Street this year are pricing their shares Wednesday night.They could make or break the IPO market for the rest of 2015.Neither of these deals is...
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WARREN BUFFETT: Retirement is not my idea of living
At 85, billionaire investor Warren Buffett, the chief executive of Berkshire Hathaway, still has no plans to retire. Speaking with Carol Loomis at Fortune's Most Powerful Women Summit on Tuesday,...
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Gentlemen, here's how you get dressed for work in 5 minutes or less
This one goes out to the Wall Street associates and vice presidents who have to be at work on time after a nice, long client dinner.We got you guys.We got you because we know that no matter what time...
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The 129 finance people you have to follow on Twitter
Twitter has evolved into a platform for serious finance gurus.Beyond the jabberings of the small-time players, these analysts, hedge funders, and big players have the power to sway markets in 140...
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Bank of America CEO's 'mantra' should scare big bank employees (BAC, WFC)
Bank of America's chief Brian Moynihan is thinking a lot about jobs these days. “Headcount continues to work its way down in our company,” Moynihan said in an interview with Bloomberg TV earlier today....
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Tech startups keep turning to this tiny firm to help take them public
Square, the payments startup, filed to go public with many of the usual marquee names on Wall Street listed as its underwriters.Goldman Sachs, Morgan Stanley, and JPMorgan are all on the deal.But right...
View Article'The Art Of War' holds the keys to success on Wall Street
We asked performance psychologist Dr. Jonathan Fader to give examples of how concepts from Sun Tzu's "The Art of War" can be applied by people working on Wall Street. Produced by Graham FlanaganFollow...
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Goldman Sachs misses, blames the world
Goldman Sachs just reported earnings that missed on the top and bottom lines.The bank reported adjusted earnings per share of $2.64 on revenue of $6.86 billion.Analysts were expecting adjusted...
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Citigroup beats third quarter earnings expectations (C)
Citigroup announced earnings of $1.31, topping expectations of $1.28 a share. The stock rose about 1.5% at the open on Thursday October 15. The bank also posted revenue for the quarter of $18.5...
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The financial services group that serves the US military is backing a fintech...
USAA, the financial services group that serves the US military and their families, is investing in Roostify, the online mortgage processing startup. Roostify is a San Francisco, California-based...
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The beer deal of the decade may lead to the biggest bond deal in history
Beer giants AB InBev and SABMiller have agreed to the beer deal of the decade.The maker of Budweiser plans to buy its rival brewer for about $67.62 per share, valuing the Miller maker at about $109...
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2 of the biggest IPOs of the year have flopped — and it has ruined the market...
The window for initial public offerings in 2015 may have just closed after two of the biggest initial public offerings to hit Wall Street this year flopped.Grocery store Albertsons was due to price its...
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