Investment Banking & Brokerage

By John Wasik for Reuters Prism Money   Bernie Madoff's failings are not the mark of some isolated monster, although his crimes are heinous. He is so much like every one of us that failing to recognize this fact will imperil us at every financial turn. This is one of many revelations in Diana...

Evercore Partners Inc. (NYSE: EVR) announced today that Lloyd A. Sprung has agreed to join the firm's Investment Banking business as a Senior Managing Director. Mr. Sprung, who will be based in New York, will focus on advising clients on debt capital markets and corporate restructuring transactions...

Lazard Ltd (NYSE: LAZ) today announced that its Board of Directors has voted to increase the quarterly dividend on its outstanding Class A common stock by 28% to $0.16 per share. The dividend is payable on May 27, 2011, to stockholders of record on May 6, 2011.

Lazard Ltd (NYSE: LAZ) today announced that its Board of Directors has voted to increase the quarterly dividend on its outstanding Class A common stock by 28% to $0.16 per share. The dividend is payable on May 27, 2011, to stockholders of record on May 6, 2011.

Yesterday, I presented you with some stats to show how good first quarter earnings reports are. Today, I'm giving you some more, but this time in a handy and colorful chart... This chart is from Bespoke Investment Group. It shows which sectors are...

Netflix, Inc. (NFLX)- Netflix, Inc. is a subscription service streaming movies and television episodes over the Internet and sending digital versatile discs (DVDs) by mail to more than 12 million subscribers. The Company's subscribers can watch unlimited movies and television episodes streamed to...

Cowen and Company, the Broker/Dealer unit of Cowen Group, Inc. (NASDAQ: COWN), and BIDS Trading, L.P., an alternative trading system designed to increase competition and liquidity in the U.S. equity block trading market, today announced the signing of a sponsorship agreement that allows Cowen and...

Cowen and Company, the Broker/Dealer unit of Cowen Group, Inc. (NASDAQ: COWN), and BIDS Trading, L.P today announced the signing of a sponsorship agreement that allows Cowen and Company to provide customers direct and anonymous block liquidity in both BIDS Trading and NYBX.

OptionsXpress (NASDAQ: OXPS) Reports Q1 EPS $0.25 vs. $0.24 Estimate

J.P. Morgan, previewing 1Q11 results, is maintaining its Overweight rating and a price target of $7 on TeleCommunication Systems (NASDAQ: TSYS). Says J.P. Morgan, in its report, “A slow start for the government segment owing to budget uncertainties could yield a weak 1Q; however, we expect TSYS...

Attorney Advertising. Cohen Milstein Sellers & Toll PLLC and Keller Rohrback L.L.P. announced that they have filed a class action Complaint in the United States District Court, Western District of Washington on behalf of the participants and beneficiaries of the Weyerhaeuser Retirement Plan for...

Google Inc. (GOOG) Android operating system for the tablets, Kunimasa Suzuki, Sony's head of personal computers, said in Tokyo today. The models, whose prices weren't disclosed, would go on sale in autumn, the company said in a statement. Coinstar Inc. (CSTR) : SAC Capital Advisors LP reported a...

E*TRADE Financial Corporation (NASDAQ: ETFC) today announced that Citadel Equity Fund Ltd., an affiliate of Citadel LLC, is offering 27,500,000 shares of E*TRADE's common stock in an underwritten offering. Closing of the offering is expected to occur on or about April 29, 2011, subject to customary...

Hospira is expected to announce its Q1 earnings report on Tuesday, April 26, before the markets open. Analysts are predicting earnings per share to be $0.77, down from $0.94 a year ago. Just one month ago, the Q1 prediction was $0.69. Hospira is an Illinois-based specialty pharmaceutical and...

Greenhill & Co (NYSE: GHL) downgraded to hold by Rochdale Securities.