Diversified Capital Markets

U.S. stocks retraced Friday’s losses amid hopes that a case for fresh stimulus is slowly gaining ground. However, volume on the New York Stock Exchange fell to its lowest of the year as cautious investors refrained from taking big positions ahead of the central bank’s Tuesday meeting. In today’s...

• KKR (NYSE:KKR) withdrew its $500 million stock offering, citing weak market conditions • Credit Suisse (NYSE: CS) downgraded Royal Bank of Scotland (NYSE: RBS) from "outperform" to "neutral" • UBS (NYSE: UBS) upgraded Whole Foods (NASDAQ: WFMI) to "buy" from "neutral," with a price target of $45...

UBS AG (UBS) has sold $1.5 billion of senior unsecured bank notes through its Stamford branch. The notes have a coupon rate of 2.25% and mature on August 12, 2013.   Ratings from Moody’s Investor Services − a unit of Moody’s Corp. (MCO) − and Standard & Poor's are “Aa3” and “A+”, respectively...

MediaMind Technologies Inc., the digital advertising company, plans to raise $73 million in its initial public offering later this week. MediaMind, previously called Eyeblaster, plans to offer 5 million shares for $14 to $16 each. The expected proceeds of $73 million are based on the $15 midpoint...

Credit Suisse Group (NYSE: CS) Monday said it is in talks to spin off part of its property business, DLJ Real Estate Capital Partners, to management. The Zurich-based bank disclosed neither the size of the fund nor the sales price of the deal, which was first reported by Property Week. Credit...

Royal Bank of Scotland Group plc (RBS) has been fined £5.6 million ($8.9 million) by the U.K. Financial Services Authority (FSA). The fine follows the company’s failure to possess adequate systems and controls for preventing the violation of the U.K. financial sanctions. However, as the claims are...

Morgan Stanley (NYSE: MS) is the lead investment bank when it comes to clean energy IPO's and it is looking to push that lead even further writes Bloomberg. Morgan Stanley is hiring Robert Mansley from Credit Suisse (NYSE: CS) in London and Schuyler “Skip” Grow, from Lazard (NYSE: LAZ) in New York...

Oil drilling equipment maker Cameron International Corp. (CAM) reported second quarter earnings per share (excluding special items) of 58 cents, surpassing the Zacks Consensus Estimate of 55 cents. The better-than-expected results were mainly driven by solid performance in the execution of project-...

JMP Group Inc. (NYSE: JMP), an investment banking and alternative asset management firm, announced today that its board of directors has declared a dividend of $0.015 per share for the second quarter of 2010, to be paid on Friday, September 3, 2010 to common stockholders of record as of Friday,...

Mitsubishi UFJ Financial Group (MTU) is planning to buy BNP Paribas' (BNPQY) stake in a Chinese fund venture, according to a Reuters report. The company intends to acquire this stake for $50 million. Both Mitsubishi UFJ and BNP Paribas are planning to tender proposals to China’s securities...

Today Deutsche Bank (NYSE: DB) published a note after Texas Road House (NASDAQ: TXRH) released Q2 earnings. Deutsche bank is raising their 2010/2011 EPS forecast to $0.81/$0.91 from $0.80/$0.88. They expect lower food costs to continue to provide a nice tailwind to margins in 2H10. DB says "For...

Capital Product Partners (NASDAQ: CPLP) has announced its Q2 EPS at $0.16, which is $0.02 below consensus estimates. The company has also acquired two vessels this year. Capital Product Partners announced an increase in its targeted distribution to $0.93 per share, up from $0.90 apiece. Capital...

Royal Bank of Scotland Group plc (RBS) is planning to sell off assets worth £4.3 billion ($6.71 billion), in continuity in its efforts to shrink the balance sheet, according to Wall Street Journal.   RBS plans to vend off 318 U.K. branches to Spain 's Banco Santander SA (STD) for around £1.8...

On Wednesday, Zions Bancorporation ( ZION ) entered into a total return swap (TRS) deal with Deutsche Bank AG (DB) to lessen credit risks for certain securities in its portfolio. Through this arrangement, the company could unload risks from $1.16 billion portfolio of collateralized debt...

Shares of UBS AG (NYSE: UBS) are higher on the session by 1.70%, currently trading at $16.79. The stock has been moving largely higher over the past month, off from a recent low near $12.25. Options traders are buying protection on the name today. The August $18.00 put was purchased 3,000 times, on...