Wednesday, April 7, 2010 as of 11:14 AM ET
Piper Jaffray & Co., often shortened to just Piper Jaffray or PiperJaffray, is a U.S. middle-market investment banking firm based in Minneapolis, Minnesota, and sells financial advice, investment products, and transaction execution within targeted sectors of the financial services marketplace.
Read More at Wikipedia ›Industrial & Commercial Bank of China has instructed its branches nationwide to stop offering discounts on mortgages to first-home buyers, and instead to apply mortgage pricing that more closely tracks benchmark lending rates, according to a report Monday in the People's Daily.
The new requirements suspend the practice of offering discounts of about 15%, according to the report, which cited unidentified staff within the bank. Chinese banks have flexibility in setting mortgages rates, and can offer discounts of up to 30% on benchmark rates, although few Chinese lenders are believed to have offered the maximum discount since early 2011 as Beijing implemented tighter credit controls and other measures designed to cool the housing market. Piper Jaffray's principal sales trader, Andrew Sullivan, in Hong Kong said the tighter lending policy was negative for the property sector and among the main reasons for a sharp rise in short-selling of property developer stocks listed in Hong Kong.Copyri...Continued enthusiasm for Apple Inc.'s (AAPL) lofty shares on Tuesday pushed the tech giant's market capitalization over the $600 billion mark, another milestone unde...
FBN’s Shibani Joshi with news that analysts are predicting Apple stock will be at $1,000 per share by next year, making it the first company ever to have a $1 trillion market capitalization.
The resignation of Stryker Corp. (SYK) Chief Executive Stephen P. MacMillan leaves a void at the company as it integrates recent acquisitions and grapples with a wea...
Ceres Inc. on Wednesday cut the proposed price range of its upcoming initial public offering to $16 to $17 a share, from its earlier range of $21 to $23 a share. The...
Brien O'Brien, Piper Jaffray head of asset management, on managing investments in a volatile environment, and investing in 2012.
Shares of Piper Jaffray Cos. rose, while fellow investment firm Waddell & Reed Financial Inc. fell on Tuesday morning. Waddell reported earnings on before the open t...
A federal court judge has denied Medtronic Inc.'s (MDT) effort to seek a permanent injunction against spinal-product competitor NuVasive Inc. (NUVA), plus other moti...
Apple Inc. (AAPL) reclaimed the title of the world's most valuable company after reporting historic fourth-quarter results thanks to the surging popularity of its sm...
The first U.S. initial public offering of the new year priced below its expected range Wednesday night, with biofuel company Renewable Energy Group Inc. selling 7.2 ...
Renewable Energy Group Inc., an Ames, Iowa, firm that bills itself as the largest producer of biodiesel in the U.S. based on gallons of output, late Tuesday said it ...
Shares of Cavium (NASDAQ:CAVM) were down Wednesday morning after the chipmaker lowered its revenue outlook late on Tuesday and faced a series of downgrades.The compa...
The Mac is on track for another one of those "best quarters ever," better even than the fourth quarter, during which Apple reported Mac sales of 4.89 million.The mac...
Name: Jim Weber Date of Birth: Jan. 1, 1960 Company: Brooks Sports Position: President and CEO (2001 -- current) Previous role: Managing director at U.S Bancorp Pip...
FBN’s Shibani Joshi previews earnings for the tech giant.
Shares of SanDisk (NASDAQ:SNDK) tumbled more than 13% Friday morning as Wall Street expresses disappointment with the flash memory chip maker's weaker-than-expected ...
FBN’s Shibani Joshi on Qualcomm’s supply issues delaying the release of Apple’s iPhone until October.
The latest figures on US Mac sales released Tuesday by research group NPD were not nearly as favorable to Apple as in the past, leading some observers to suggest the...
New volume remained light as the corporate bond world focuses this month on first-quarter earnings, following a near-record quarter of issuance to kick off the year....
Best Buy Co. fell 1.6% on Monday. The electronics retailer on Saturday disclosed the 50 big-box store locations it plans to shut as part of its restructuring moves. ...
Quotes delayed at least 15 minutes. Real-time quotes provided by BATS Exchange. Market Data provided by Interactive Data (Terms & Conditions). Powered and Implemented by Interactive Data Managed Solutions. Company fundamental data provided by Morningstar. Earnings estimates data provided by Zacks. Mutual fund data provided by Lipper. Economic data provided by Econoday. Dow Jones & Company Terms & Conditions.
This material may not be published, broadcast, rewritten, or redistributed. ©2012 FOX News Network, LLC. All rights reserved.
