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News

Grasso wins! Former NYSE chief can keep money

Dick Grasso's career seemed to be ending on a very sour note: the State of New York was making him something of a poster boy for his gargantuan pay over the years. In an ugly battle, then New York Read more...

NYSE slashes job again

It's no secret that NYSE Euronext is looking to pare costs. Financial News Online reports that the global exchange firm has offered 450 of its 1,800 employees in New York Read more...

Wall Street can't knock Grasso out

This seems like it happened a long time ago: Former NYSE chief Dick Grasso was locked in a do-or-die struggle with then state Attorney General Eliot Spitzer over his eye-catching take of $185 Read more...

NYSE's SPAC move: Misguided?

We've spoken a lot about the rise of special purpose acquisition companies, or SPACs. They were all the rage over the past few years, as more top investment banks got involved with them. They were Read more...

Can John Thain turn Merrill Lynch around?

John Thain, Merrill Lynch's savior? Not so fast. Portfolio magazine weighs in with a long profile of Thain, the former Goldman Read more...

Apollo Group to go public

You would have thought, in part because of the performance of the Blackstone Group in the aftermarket, that private equity firms that wanted to go public had given up on the idea. But the Apollo Read more...

Bear Stearns execs cashed out in December

One of the challenges of being a top executive is cashing out of large holdings of stock. Most insider sales are done on strict schedules with much vetting by the board. You cannot blame execs for Read more...

Press Releases

NYSE Euronext Names Deputy CFO Joost van der Does de Willebois Acting CFO

New York and Paris, Dec. 3, 2007 – NYSE Euronext (NYX) Chief Executive Officer Duncan L. Niederauer has asked Joost van der Does de Willebois, Deputy CFO and head of the company’s Amsterdam Read more...

Edward G. Boyle Joins NYSE Euronext as Vice President, NYSE Arca Options

New York, Sept. 20, 2007 – NYSE Euronext (NYSE Euronext: NYX) today announced that Edward G. Boyle has been appointed to the position of Vice President, NYSE Arca Options, beginning Oct. 1, 2007. Read more...

Bear Stearns Reports Third Quarter Financial Results

Thursday September 20, 8:28 am ET Equity Franchise Delivers Strong Quarterly Performance Institutional Equities Net Revenues Up 53% Record Global Clearing Net Revenues Up 30% Private Client Services Read more...

Goldman Sachs Reports Third Quarter Earnings Per Common Share of $6.13

Thursday September 20, 8:00 am ET Net Revenues Were $12.3 Billion, Second Highest Quarter NEW YORK--(BUSINESS WIRE)--The Goldman Sachs Group, Inc. (NYSE: GS - News) today reported net revenues of Read more...

JEFFERIES HIRES SENIOR MEDIA ANALYST

Brian Shipman To Cover Media, Advertising And Publishing NEW YORK, September 18, 2007 -- Jefferies & Company, Inc., the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF), today Read more...