Account
Financial regulatory reform implemented after the financial crisis of 2008 has not made a big difference on bank practices, Yucaipa Companies founder Ronald Burkle told institutional investors Thursday. "For most people if you tried to read the earnings report of any major bank today probably it is just as confusing as it was five years ago. And we probably have just as much exposure to what they did as five years ago," Burkle told institutional investors at a conference in Washington. He also pointed to the so-called "London Whale," incident, where J.P. Morgan Chase & Co.'s lost more than $6.2 billion trading credit derivatives, as an example of why he thinks there are still issues at banks. Yucaipa is a major labor-friendly private equity firm.Copyright © 2013 MarketWatch, Inc....
NEW YORK (Reuters) - Warner Music Group's board is expected to review second-round bids for the company at a meeting in the coming week, a source familiar with the m...
No.1 concert promoter and ticketing company Live Nation Entertainment Inc (LYV.N) is in the running to buy the recorded music assets of Warner Music Group Corp (WMG....
By Yinka AdegokeNEW YORK (Reuters) - The bidding for all or parts of Warner Music Group <WMG.N> is expected to run into April as second round bidders meet with the m...
SAN FRANCISCO -- Billionaire investor Ron Burkle cut his stake in struggling retailer American Apparel this month, according to a regulatory filing Tuesday. Burkle s...
Vanguard Group founder John Bogle puts quotation marks around "mutual" in the term mutual fund.It's not "mutual," he says, because "mutual" means reciprocal respect....
By Phil WahbaNEW YORK (Reuters) - Barnes & Noble IncChairman Leonard Riggio narrowly beat down an attempt bydissident investor Ron Burkle to join the top U.S. bookse...
* Shares drop nearly 2 pct (Adds preliminary vote totals, details)By Phil WahbaNEW YORK (Reuters) - Barnes & Noble Inc shareholders chose a board slate proposed by C...
* (Updates with housing starts data)By Angela MoonNEW YORK (Reuters) - Wall Street was set for ahigher open Tuesday after upbeat housing data and ahead ofthe Federal...
* (Adds analyst quote, byline, updates prices)By Angela MoonNEW YORK (Reuters) - S&P 500 index futures wereflat Tuesday as investors waited to see if the FederalRese...
*NEW YORK (Reuters) - U.S. stock index futures wereflat Tuesday ahead of expectations of a Federal Reservedebate over whether to expand its monetary easing policy at...
By Dhanya Skariachan and Phil WahbaNEW YORK (Reuters) - Barnes & Noble Incfailed to win the support of an influential shareholderadvisory firm in its bitter proxy fi...
By Phil WahbaNEW YORK (Reuters) - Shareholder advisory firm Glass Lewis & Co on Wednesday urged Barnes & Noble Inc shareholders to side with the company in its proxy...
Shares of Barnes & Noble Inc. (BKS) jumped 15% Monday as investors digested news of a late-Friday disclosure that showed hedge fund Jana Partners took a nearly 12% s...
I have yet to meet anyone in the media who would falsely malign a perfectly good cheeseburger. Yet somehow it happened, according to AFA Foods Inc., which filed bank...
WHITE PLAINS, N.Y. -( Dow Jones )- A judge on Monday approved Great Atlantic & Pacific Tea Co.'s (GAPTQ) plan to exit bankruptcy proceedings as a leaner grocery chai...
Online-review service Yelp Inc. is set to begin trading on the New York Stock Exchange next Friday, the latest in a series of social-media companies to go public.Aut...
If at first you don't succeed, try, try again. It's an adage that Great Atlantic & Pacific Tea Co. (GAPTQ) will take to heart as it returns Monday to the U.S. Bankru...
FBN’s Dennis Kneale on Comcast’s new channels that includes Sean Combs’ new music channel “Revolt.”
(Corrected to indicate that John Breaux is a former board member of the MFA, not a current member as was originally reported.)Bill Clinton. Al Gore. Tom Daschle . We...
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 and ETF data provided by Lipper. Economic data provided by Econoday. Dow Jones & Company Terms & Conditions.
This material may not be published, broadcast, rewritten, or redistributed. ©2013 FOX News Network, LLC. All rights reserved.