Author: Devin Weiss

Pipeline operator MarkWest Energy Partners L.P. (MWE) recently announced a public offering of 6 million common units to increase its liquidity. MarkWest Energy also plans to offer a 30-day option to the underwriters to purchase...

Bringing an end to months of speculation, Bank of America Corporation (BAC) is finally divesting its international wealth management operations to Switzerland-based private bank, Julius Baer Group, for nearly CHF860 million...

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a marginal rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be attributed to an...

We have lowered our long-term recommendation on Xerox Corporation (XRX) to Underperform from Neutral due to the lackluster performance of the company’s Technology business. With the sluggish economy still recovering, Xerox...

Acorda Therapeutics Inc. (ACOR) recently announced results from a post-marketing commitment study evaluating a 5 mg dose of Ampyra (dalfampridine-ER) for improvement in walking in patients suffering from multiple sclerosis (MS)....

With the objective of tapping the booming credit card market in China, Diners Club International Ltd., an operating unit of Discover Financial Services (DFS), has joined Industrial and Commercial Bank of China...

Last week, Invesco Ltd. (IVZ) announced a 2.0% rise in its preliminary month-end assets under management (AUM) for the month of July 2012. The company’s AUM for the reported month was $659.5 billion compared with $646.6...

JPMorgan Chase & Co. (JPM) has hit the headlines yet again for the wrong reasons. Israel -based Bank Hapoalim BM has gone to New York State court and is pursuing approximately $361.2 million in residential mortgage-backed...

The year 2012 started on a positive note for the hotel & lodging industry, with lodging performance indicators witnessing considerable improvement in most regions of the world. However, global economic and political issues...