SAN FRANCISCO — Gary Gensler was one of the top financial regulators in the Obama administration, the finance chief for Hillary Clinton's 2016 presidential campaign and, before both of those jobs, a partner at Goldman Sachs. ...
Here are some of the significant themes that have emerged in the first quarter of dealmaking in 2018. Morgan Stanley unseats Goldman Sachs Morgan Stanley dethroned its rival Goldman Sachs from the...
Aramco, the world's largest oil company, intended to go public in a major financial city such as New York or London. It was expected to be the largest ever share listing with a valuation of $1 trillion to...
Tech shares have been leading the broader U.S. stock market higher for more than a year. Over the past 12 months, the S&P 500 technology sector is up more than 25 percent. In that time, the S&P 500...
Shares of Longfin, which have spiked astronomically on ties to blockchain technology, fell Monday after a tweet from noted short-selling firm Citron Research. Longfin (Ticker: LFIN) shares closed 16.6 percent lower at $59.28 a share. The tiny, little-known...
Noted hedge fund manager Bill Miller is still betting stocks will rise. "The path of least resistance for U.S. stocks is higher," Miller said in a blog post dated April 18. "I believe it remains so, and will until...
Piper Jaffray analyst Mike Olson told CNBC that despite the recent downtick in Netflix's stock price, his bullish thesis remains unchanged. "Netflix has gotten caught up in the broader technology downdraft, but there's nothing we've...
Shares of Travelport Worldwide soared 17 percent on Monday after a report said activist hedge fund Elliott Associates is in talks to make a bid for the company. Reuters reported that Elliott, the New York-based hedge fund founded...
Regulated financial institutions in India can no longer legally deal with cryptocurrencies, the Reserve Bank of India announced Thursday. "In view of the associated risks, it has been decided that, with immediate effect, entities regulated by RBI shall not...
March's brutal start on Wall Street may not be an anomaly. If Citi's forecast is right, it could replay several times this year, whether or not President Donald Trump's tariffs on steel and aluminum become a reality. ...
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