Weak earnings and the dark cloud of Ukraine continue to weigh on European markets

Plus: Alibaba IPO is on track to break records, what U.S. investors will really get when buying Alibaba shares, Goldman offers a leg up to Steven Cohen, and MSNBC apologizes for poor taste on Cinco de Mayo
MAY 07, 2014
    European equities are on a four-day slide as big names continue to miss earnings targets. But let's not ignore the underlying theme of a simmering-to-boil scenario in Ukraine. A wet blanket on investor sentiment
  • It is official, China's Alibaba Group has filed to go public in the U.S., representing the largest public stock offering ever. No matter what happens the rest of the year, the $20 billion offering will make 2014 IPO data look amazingly strong. A boon for Yahoo
  • Beneath of the surface of the celebrated Alibaba stock offering there are some financial contortions being deployed to get around those pesky Chinese rules regarding foreign ownership of strategic Chinese assets. Buying Alibaba via the Cayman Islands
  • SAC Capital's Steven Cohen gets a little help from Goldman Sachs in the form a loan. It's good to have friends in high places. Using fine art as collateral
  • MSNBC apologizes to each of its six viewers for missing the point of Cinco de Mayo with a politically-incorrect skit about drinking tequila and wearing sombreros. This is the same network that uses the marketing slogan, “lean forward” to promote its views. How to become even less relevant

Latest News

Five-person Raymond James team jumps to Janney in Maryland
Five-person Raymond James team jumps to Janney in Maryland

The group led by a 37-year industry veteran brings $470 million in assets to the Philadelphia-based broker dealer.

$20B Merit looks to next phase as Constellation takes minority stake
$20B Merit looks to next phase as Constellation takes minority stake

The Atlanta, Georgia-based national wealth firm revealed its new PE partner as prior backers Wealth Partners Capital Group and HGGC’s Aspire Holdings exited their investments.

$350M father-son duo hops from Osaic to Equitable Advisors
$350M father-son duo hops from Osaic to Equitable Advisors

The latest departures in Ohio mark another setback for the hybrid RIA, which is looking to "expanding its presence across all models and segments of the wealth management industry.”

Fresh off HPS acquisition, BlackRock inks deal for $7.3B ElmTree Funds
Fresh off HPS acquisition, BlackRock inks deal for $7.3B ElmTree Funds

The St. Louis-based real estate investment firm gives the asset management giant a valuable access point to the roughly $1 trillion net lease market.

SEC charges Chicago-based investment adviser with overbilling clients more than $2.5M in fees
SEC charges Chicago-based investment adviser with overbilling clients more than $2.5M in fees

Eliseo Prisno, a former Merrill advisor, allegedly collected unapproved fees from Filipino clients by secretly accessing their accounts at two separate brokerages.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.