Several hoaxes on stocks have emerged from the social media site Twitter as investors use the site as source of stock information.
Sectors
FRI Levels Affected by Cyprus Meltdown
SS&C's FRI indicate lower than average levels but may increase due to Cyprus meltdown. According to the SS&C GlobeOp's Forward Redemption Indicator, client pullout of money from hedge funds is expected to rise further as investors grow antsy about the debt crisis in Cyprus.
Reich & Tang Uses Floating-Rate Instruments.as Strategy for Investment
Reich & Tang is utilizing the benefits of floating rate instruments as it takes it stance on improvement investment strategy.
JP Morgan Top M&A Adviser for 1Q of 2013
JP Morgan is the top M&A adviser for deals above US$10 billion for the first quarter of 2013. After having worked on all of the biggest transactions announced since the start of 2013, JP Morgan Chase & Co is the acclaimed top firm for the first quarter.
Spain Improves Bond Sale as Cypriot Turmoil Continues
Investors in Spain have been focusing on bond sale, saying that they are not worried over the turmoil in Cyprus.
Latest News
More equity dealmakers criticize judges and their activities. In its annual M&A Jamboree in New Orleans held this week, dealmakers delivered its verdict on judges who make superfluous legal rulings to the detriment of their business.
Private equity firms are losing funding sources as investors are wising up to avoid exorbitant fees and charges.
Investors of Commodity exchange-traded funds (ETFs) are shifting their interest to funds with broad commodities exposure.
The current lack of a majority in the Italian government is seen as a precursor to further economic issues in the long run.
Cyprus is working round the clock in drafting and discussing an amenable financial plan to avert bankruptcy.
CBS is expected to offer $100 million for One Equity Partners' stake in TV Guide Network, sources cited.
P. Schoenfeld Asset Management or PSAM is now raising questions on the proposed merger of MetroPCS Communications Inc. and T-Mobile as it vetoes the deal.
CBS Corp, the television giant would include TV Guide Network to its fold for over US$100 million. An anonymous source has confirmed that CBS Corp would purchase a 50% stake in TV Guide Network.
The board is awaiting submissions from Blackstone and Icahn's firm as to an offer to acquire Dell Inc.
