Author: Devin Weiss

JPMorgan Securities LLC, a wing of JPMorgan Chase & Co. (JPM), has been prosecuted by a California-based community college district over a financing deal inked in 2006. The deal was originally signed with Bear Stearns Cos.,...

On Wednesday, E*TRADE Financial Corporation (ETFC) reported a 4% increase in average U.S. trades numbers compared with the prior month in its Activity Report for the month of July 2012. However, the U.S. trades dropped on a...

Yesterday, NASDAQ OMX Group Inc. (NDAQ) culminated the divestment of its U.S.-based International Derivatives Clearing Group (IDCG) to London’s LCH.Clearnet, which is globally the largest interest rate swaps (IRS)...

Regulus Therapeutics Inc. and Biogen Idec (BIIB) recently entered into a deal to identify microRNAs (micro-RiboNucleic Acids) as biomarkers for multiple sclerosis (MS). As per the terms of the deal, Regulus – a joint...

Merge Healthcare (MRGE) recounted a significant addition to its client list with the recent transition of its pricing arrangements to a subscription-based model from the traditional perpetual software license arrangement....

We have downgraded our recommendation on Penn Virginia Resource Partners L.P. (PVR) to Underperform from Neutral owing to a decline in coal production, lower commodity prices and higher rate of transition to emission-free...

After expanding to Canada, Latin America, UK and Ireland, Netflix Inc. (NFLX) recently announced its plans to expand the online streaming business to four Nordic countries of Norway, Denmark, Sweden and Finland by the end of...

Progressive Corp.’s (PGR) earnings per share for July 2012 were 10 cents, up 21% from 8 cents in the year-ago quarter. Net income climbed 15% year over year to $59 million in the quarter. The company recorded net premiums...

GlaxoSmithKline plc (GSK) recently announced that it has entered into an agreement with Aspen Global Incorporated, a subsidiary of Aspen Pharmacare Holdings Limited to divest the majority of its Classic Brands in Australia. As...