Despite a market meltdown, the men and women of Congress posted a 16% gain collectively between 2008 to 2009, according to a study by the Center for Responsive Politics. Another finding: virtually half of Congressional members …
Investment banks are working around new regulations restricting them from putting their own capital into short-term investments: The Wall Street institutions are sidestepping the Volcker Rule by making direct purchases of secur…
Warehouse retailer BJ’s Wholesale Club is in the process of hiring an advisor to explore a possible sale of the company to a private equity firm.
Continue reading BJ’s Wholesale Seeks Advisers for Possible Priv…
Morgan Stanley said it is divesting its 6.7% stake in investment manager Invesco. The investment bank will sell the 30.9 million shares it received as part of the sale of its Van Kampen mutual fund portfolio to Invesco, a stake…
Apple (AAPL) may see its revenue from China triple over two years as the company expands its sales network demand from consumers rise, Morgan Stanley (MS) said.
Apple’s sales in China may be worth more than $9 billion in the year ending September 2012, Morgan Stanley analysts said in a report. In the last fiscal year, Chinese sales were worth $2.9 billion.
The analysts forecast that…
Continue reading Apple’s China Revenue May Triple Over Two Years, Analysts Say
Apple’s China Revenue May Triple Over Two Years, Analysts Say originally appeared on DailyFinance on Tue, 02 Nov 2010 07:10:00.
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