10 incredible bottles of whiskey that make the perfect gift
Finding the perfect gift for that special someone can be tough. Unless they drink whiskey. In which case you've come to the right place.Business Insider has spent some of the past year sampling,...
View ArticleValeant has cut its earnings forecast ― and the stock is up
The Canadian drugmaker Valeant Pharmaceuticals has cut its earnings forecasts.The company sees fourth-quarter adjusted earnings per share, or EPS, coming in at $2.55 to $2.65, compared with previous...
View ArticleIt has been a horrible year for IPO performance
Initial-public-offering performance has been awful in 2015.Most of the big offerings this year are now trading lower than their IPO price. That means investors who bought into these deals in the hope...
View ArticleA Federal Reserve board member explains what happens when the Fed hikes rates
If you want to know what happens once the Fed hikes interest rates, you'd do well to ask one of the senior executives within the central bank's decision-making body. St. Louis Federal Reserve Bank CEO...
View ArticleThe 'Chinese Wall' at banks is crumbling
The biggest financial firms of the world – like Morgan Stanley, J.P. Morgan, Goldman Sachs – are multifaceted entities, with many roles. They consult the financial activities of corporations and of...
View ArticleBILLIONAIRE INVESTOR: 'A high probability that we're looking at a recession'
You can add Sam Zell to the list of investors who think we're headed towards a recession.The chairman of Equity Group Investments, who ranked #318 in the 2015 Forbes Rich List in 2015, spoke to...
View ArticleThe CEO of the hottest fintech startup talks expansion plans, the checking...
Mike Cagney, the CEO of fintech startup SoFi, wants to lend you money, and he couldn't care less what your credit score is."We ignore FICO as an input because it’s just not meaningful," he told...
View ArticleBank stocks had a huge day (BAC, JPM, WFC, GS, MS)
It was a good day for Wall Street on Wednesday.JPMorgan, Goldman Sachs, Bank of America and Wells Fargo all moved 2% higher or more in trading after the Federal Reserve made the decision to lift off...
View ArticleHilton may be splitting off its property and Wall Street loves the idea (HLT,...
Hilton Worldwide saw its stock soar after the Wall Street Journal's Liz Hoffman reported the company is nearing a split of the brand from its real estate assets, which will be transferred into a...
View ArticleThe biggest difference between Wall Street and casinos
Jason Zweig’s been making the media rounds this winter to promote his hilarious new book, The Devil’s Financial Dictionary. I’ve been giving the hardcover copies as gifts to everyone I know.Jason had a...
View ArticleCerberus just made a huge bet on Avon and now the cosmetics company's stock...
Private equity firm Cerberus Capital Management is taking a majority stake in cosmetics company Avon Products' North American business and buying a 17% stake in the company, the firms announced early...
View ArticleThe 5 tech startups most likely to go public next year
It's been a slow year for tech IPOs.To date, there have only been 28 tech IPOs in 2015, totaling $9.4 billion in value — down from 62 deals in 2014 valued at $40.8 billion total, data from Dealogic...
View ArticleGet ready for the tech IPO comeback
This was the year when tech companies turned their backs on the initial-public-offering market.Investment bankers are expecting 2016 to be the year they come back.Presented with an abundance of funding...
View ArticleA former New York Jets wide receiver just made a big Wall Street move (SF)
Former New York Jets wide receiver turned financial adviser Wayne Chrebet will be joining Stifel Financial Corp. from Barclays Wealth Management.He is part of a six-person wealth-management team with...
View ArticleWall Street has had a monster year in one key business (GS, MS, JPM)
It has been a huge year for mergers and acquisitions activity.Global M&A volume stands at an all-time high of $4.86 trillion as of December 17, according to data from Dealogic, which broke down...
View ArticleA lot of people are going to get rich(er) at this tiny Wall Street firm (PFE,...
It has been an incredible year for Centerview Partners, the New York-based boutique advisory firm led by Blair Effron.The firm has landed roles on some of the biggest deals of the year, working on the...
View ArticleWall Street isn’t worried it's about to get steamrolled in an Uber-like...
Fintech is one of the Wall Street buzzwords of 2015. The term refers to financial technology, and more specifically the rise of tech-savvy startups that are taking on traditional financial businesses...
View ArticleThis year's must have for any megadeal? A tiny bank behind the scenes
It's been a big year for the smallest firms on Wall Street.The small firms, sometimes with just a handful of employees, have been chipping away at one of Wall Street's most high-profile businesses for...
View ArticleWALL STREET CEO: Here's what makes someone a good trader
Wall Street has a variety of tribes — the traders, the bankers, the analysts, the managers.Each requires a specific skill set.Business Insider caught up with John Koudounis, CEO of the Japanese...
View ArticleFemale CFOs are making more money than their male counterparts
Women may be badly outnumbered in the top ranks of corporate America, but at least they aren't underpaid.Compensation for female chief financial officers at S&P 500 companies last year outpaced...
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