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Valeant's thinking about shedding some assets
Valeant Pharmaceuticals is thinking about selling some of its skin and cancer drugs in order to pay down some of its over $30 billion debt pile, according to Manuel Baigorri, Ed Hammond and Cynthia...
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U.S. banks push SWIFT to boost security after hacks: Bloomberg
(Reuters) - Major U.S. banks are pushing the SWIFT messaging network to boost security following cyber attacks in Bangladesh and Vietnam involving fraudulent transfer requests, Bloomberg News reported...
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Here are the most profitable businesses on Wall Street
Boston Consulting Group published a big report on the investment-banking industry on Tuesday.Buried in the appendix is the chart below, which shows operating profit by business line across Wall...
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This finance trend is so hot even Amazon wants in (AMZN)
This story was delivered to BI Intelligence "Payments Industry Insider" subscribers. To learn more and subscribe, please click here.The arrival of the age of fintech is about to shake up the financial...
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Business Insider is hiring a social media intern for our video team. Apply now!
Business Insider is looking for a paid intern to join our growing video team immediately.The social media intern will learn how to grow an audience for a large digital news site, how to engage viewers...
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APPLY NOW: Business Insider is hiring a photojournalist intern
Business Insider is hiring a photojournalist intern to work with our news team.We're looking for applicants who are news-obsessed, quick to learn, cool under pressure, careful, and appreciative of our...
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Wall Street stars keep leaving the industry — and it's becoming an expensive...
Investment bankers are increasingly leaving Wall Street to work for the companies they advise — and it's starting to hurt the banking industry in more ways that one.JPMorgan's Alejandro Vicente, a...
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TRUMP: My financial disclosure 'is the largest in the history of the FEC'
Donald Trump on Tuesday said he filed a new financial-disclosure form with the Federal Election Commission that detailed a net worth of more than $10 billion.Trump called the filing "the largest in the...
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The soon-to-be shuttered Vermont college with ties to Bernie Sanders' wife...
Burlington College officials announced to students, faculty, and staff on Monday that the college will shutter its doors in two weeks, the Burlington Free Press reported. The school will officially...
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Jefferies just hired 5 big name tech bankers from Credit Suisse
Jefferies just poached five top technology investment bankers from Credit Suisse.All five were previously managing directors at Credit Suisse.The new hires include:Cully Davis, who joins Jefferies as a...
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The government just released Donald Trump's 104-page document detailing his...
The Federal Election Commission on Wednesday released a 104-page personal financial-disclosure report filed by Donald Trump. The presumptive Republican presidential nominee's campaign says that it...
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BMW has been hit with a lawsuit over a 'sudden loss of power' in a futuristic...
An owner has filed a lawsuit against BMW, arguing that the car maker's i3 electric vehicle."A U.S. owner of a BMW i3 has filed a lawsuit claiming that the German automaker's electric vehicle can...
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Fiat Chrysler recalls half million Jeep Wrangler SUVs
(Reuters) - Fiat Chrysler Automobiles said on Wednesday it will recall 506,420 of its popular Jeep Wrangler SUVs because off-road driving may cause the driver-side air bag not to open in a crash.Fiat...
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This feature is making certain classic Ferraris skyrocket in value
There isn't much growth left in the classic Ferrari market after nearly a decade of record prices — but for those that are willing to look, there are a few opportunities left.Craig Jackson, CEO of...
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This one group of people won't use robo-advisors when they take over the...
This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here.Robo-advisors are starting to grow in popularity in the financial world, but...
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MARKETS GO WILD AFTER FED PUTS JUNE RATE HIKE IN PLAY: Here's what you need...
The minutes from the Federal Reserve's April meet put the chances of a June interest rate increase from the Fed in play and markets were all over the place after the big reveal this afternoon. First,...
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More than 25,000 Madoff victims now eligible for $4 billion fund
By Jonathan StempelNEW YORK (Reuters) - The overseer of a $4 billion U.S. Department of Justice fund for victims of Bernard Madoff's Ponzi scheme said he expected to recommend payouts for at least...
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Urban Outfitters is soaring after a surprise beat on sales (URBN)
Urban Outfitters shares jumped by as much as 10% in after-hours trading after the company reported first-quarter sales that were better than forecast. The retailer reported adjusted earnings per share...
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Cisco stock pops on Q3 earnings beat
Cisco just reported its third quarter earnings and we're examining them now.It reported:EPS Q3 EPS $0.57 versus expectations of $0.55, that's a beat.Revenue of $12 billion versus expectations of $11.97...
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Goldman Sachs and Morgan Stanley just landed one of the biggest deals of the...
Tesla just announced a $2 billion stock offering— and it's great news for Goldman Sachs and Morgan Stanley.The two banks are acting as lead joint book runners on the offering, according to a...
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