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News Breaks | | | | December 18, 2012 | | 09:38 EDT |  | CS, STT, BLK | Credit Suisse loses State Street as bidder for ETF unit, Reuters says
State Street (STT) has dropped out of the bidding for Credit Suisse's (CS) European ETF business, which is still being looked at by BlackRock (BLK), according to sources reporting to Reuters. It could not be determined if BlackRock is competing with other bidders, the report added. Reference Link | |
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News For CS;STT;BLK From The Last 14 Days Check below for free stories on CS;STT;BLK the last two weeks. |
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| May 16, 2013 | | 13:53 EDT |  | BLK | BlackRock downgraded to Hold from Buy at Gabelli
 Subscribe for More Information | | | 12:32 EDT |  | CS | EU bank stress test delayed until 2014 by regulator
The EBA agreed on recommendations to supervisors to conduct asset quality reviews on major EU banks. While banks’ capital positions were significantly strengthened under the EBA’s recapitalisation exercise, the objective of the asset quality exercises will be to review banks’ classifications and valuations of their assets so to help dispel concerns over the deterioration of asset quality due to macroeconomic conditions in Europe. Since appropriately reviewed balance sheets are a key input to an effective stress test, the EBA has also adjusted the timeline of the next EU-wide stress test so to conduct the exercise in 2014 once the asset quality reviews are completed. However, to ensure transparency and comparability over the years, the EBA will provide, in 2H, appropriate disclosure on the actual exposures of the EU banking sector. Reference Link | | | May 15, 2013 | | 17:38 EDT |  | STT | Trian Fund gives quarterly update on stakes
Subscribe for More Information | | | May 13, 2013 | | 19:56 EDT | | BLK | Ex-BlackRock manager arrested in U.K. insider probe, Bloomberg says
Subscribe for More Information | | | 06:49 EDT | | CS | ECB member says negative deposit rates would help economy, Reuters says
Subscribe for More Information | | | May 9, 2013 | | 10:08 EDT | | BLK | On The Fly: Analyst Downgrade Summary
Subscribe for More Information | | | 07:57 EDT | | BLK | Rio Tinto CEO defends iron ore expansion criticized by holders, FT says
Subscribe for More Information | | | 05:44 EDT | | BLK | BlackRock downgraded to Neutral from Buy at Citigroup
Subscribe for More Information | | | May 7, 2013 | | 07:10 EDT | | BLK | Three major JPMorgan shareholders undecided on Dimon's roles, WSJ reports
Subscribe for More Information | | | 06:07 EDT | | BLK | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Some of the world's biggest handset makers and telecom carriers are embracing alternative mobile operating systems this year in an attempt to become credible challengers to smartphones run by Apple (AAPL) and Google (GOOG), the Wall Street Journal reports...JPMorgan Chase (JPM) has yet to persuade three of its largest shareholders--BlackRock (BLK), Vanguard Group and Fidelity Investments--to back the company in a coming vote over whether James Dimon should retain his dual role of chairman and CEO, the Wall Street Journal reports...REUTERS: SoftBank (SFTBF) President Masayoshi Son said he will go to the U.S. today to meet Sprint Nextel’s (S) major shareholders about the Japanese company's takeover bid, after rival bidder Dish Network (DISH) said a U.S. company would make a better suitor., Reuters reports...Microsoft (MSFT) has sold 100M Windows 8 licenses in the six months since launch, but wants to combat sputtering interest in its flagship software with a substantial update to make it easier to use, and compatible with smaller tablets, Reuters reports...BLOOMBERG: Rio Tinto (RIO) will likely pursue a $5B expansion of its iron ore output in Australia, CEO Sam Walsh said, according to two people present at a meeting with investors and analysts, Bloomberg reports...Saudi Arabia, home to the biggest Arab bourse, seeks to boost institutional investments in its $390B stock market as the top OPEC producer weighs plans to allow foreigners to buy shares directly, Bloomberg reports. | | | | May 6, 2013 | | 06:12 EDT | | CS | Credit Suisse alleges Goldman Sachs hire stole secrets, Bloomberg reports
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