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JP Morgan has appointed Hernan Cristerna and Chris Ventresca to the newly created roles of co-heads of global mergers and acquisitions (M&A), according to a memo seen by Reuters.Cristerna, 48, was previously head of M&A for Europe, Middle East and Africa, while Ventresca, 46, was head of M&A for North America. They will report to Jeff Urwin, global head of investment banking.A spokeswoman for the bank confirmed the contents of the memo.JP Morgan ranks second behind Bank of America Merrill Lynch on worldwide M&A advisory with $161.5 billion of announced deals since the beginning of the year according to Thomson Reuters data.The investment bank has advised on some of the most significant transactions of the year, including the $28 billion acquisition of Heinz by 3G Capital and Berkshire Hathaway Inc , Virgin Media Inc's $23.3 billion merger with Liberty Global Inc and General Electric Co's $18.1 billion sale of NBCUniversal to Comcast Corp .Most recently, Ventresca led Virgin Media's Lib...
United Technologies (NYSE:UTX) beat the Street on Wednesday with a 55% leap in fourth-quarter profits and reaffirmed its 2013 guidance, but the blue-chip conglomerat...
U.S. officials investigating a battery fire on a Boeing Co 787 Dreamliner will travel to Phoenix, Arizona, for equipment tests at a facility run by Pratt & Whitney, ...
While the focus of last week's agreement between the Federal Trade Commission and Google Inc was search, the deal's restrictions on how Google uses its patents could...
Since the Dodd-Frank law gave shareholders a say in executive pay in 2010, courts have routinely rebuffed efforts by shareholders to force companies to heed their vo...
India-based Tata Steel Ltd (500470.BY) Wednesday said it has opened a second aerospace service center in the Chinese city of Xi'an to serve the growing demand for ae...
United Technologies (NYSE:UTX) posted stronger third-quarter sales on Tuesday but lowered its fiscal 2012 revenue outlook on weak demand from airplane companies, def...
The collapse of the proposed merger between BAE Systems Plc and EADS will shift the focus to smaller deals among global weapons makers as companies strive to keep re...
Despite a cautious outlook on economic growth, United Technologies (NYSE:UTX) reaffirmed its fiscal 2012 outlook on Thursday and said it sees higher earnings in 2013...
United Technologies (NYSE:UTX) reaffirmed its fiscal 2012 earnings guidance on Friday that brackets Wall Street's consensus and said strong cash flow will enable the...
W.P. Stewart CIO Jim Tierney on where to invest in this market.
The boom in U.S. onshore oil and liquids production has generated what could be the nation's largest-ever pipeline build-out to move that output from often-remote ar...
Ensco PLC (ESV) will take Goodrich Corp.'s (GR) spot on the Standard & Poor's 500-stock index, a change scheduled to take effect as of Monday's closing bell, accordi...
U.S. stocks rose Tuesday, recouping after a phony terror tweet from a hacked Associated Press Twitter account, as investors embraced upbeat earnings while awaiting A...
U.S. stocks rallied on Tuesday, extending gains into a third session, as investors embraced upbeat earnings while awaiting Apple Inc.'s results in the afternoon.Of t...
U.S. stocks rose on Tuesday, as investors embraced upbeat corporate earnings that fueled a surge by Netflix Inc. while awaiting Apple Inc.'s results in the afternoon...
Diversified manufacturer United Technologies Corp reported a better-than-expected profit on Tuesday as its purchase of aircraft components maker Goodrich helped offs...
United Technologies (NYSE:UTX) said Tuesday its profit soared in the first quarter amid higher sales in its defense and aerospace businesses, but the company missed ...
United Technologies (NYSE:UTX) completed the sale of a Goodrich Corp. electric power systems business to French aerospace manufacturer Safran for roughly $400 millio...
The most widespread margin squeeze in at least a decade is pushing some Singapore companies out of the city state as rising costs and slow growth sap profitability.A...