Video – Business

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Moelis Pops In Market Debut

Shares of investment bank Moelis & Co were in the green following its Wednesday morning trading debut. Midday the stock was up more than 5.8% from the company’s $25 initial public offering price. Shares opened at $27 before quickly peaking at $27.22. The company was founded by Ken Moelis who left a top job at […]
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GrubHub Agrees To Tip-free Restaurant Fees With NY Attorney General

Online food delivery service GrubHub settled a probe by the New York state attorney general on Wednesday by agreeing to not to charge fees that would allow it to make money off customers’ tips. The agreement with the state attorney general requires GrubHub to make sure that the fees it charges restaurants for its service, […]
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Fed Survey: Growth Picks Up Across Most Of US

A Federal Reserve survey shows economic growth picking up across most of the United States over the past two months as bitter winter weather subsided. Ten of the Fed’s 12 regions reported an increase in economic activity, according to the Beige Book survey released Wednesday. In March and early April, consumers took advantage of better […]
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U.S. Economic Activity Increased In Most Regions -Fed

U.S. economic activity picked up in recent weeks as a weather-related drag lifted, the Federal Reserve said on Wednesday. In its Beige Book report of anecdotal information on business activity collected from contacts nationwide, the U.S. central bank said eight of its 12 districts characterized growth as “modest to moderate.” Chicago reported that growth had […]
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Fed’s Fisher Unworried By Current Low Inflation

Dallas Federal Reserve Bank President Richard Fisher said he is “not uncomfortable” with the current low level of U.S. inflation, and will not vote for or support any policy that drives it above the Fed’s long-term 2-percent goal. Fisher, who has a vote this year on the Fed’s policy-setting panel, said he is happy with […]
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Start-up Tips From The Bosses Of Ebay, Chegg, Airbnb–And Ashton Kutcher

On April 11th, some of Silicon Valley’s top minds flew 3,000 miles from San Francisco to Colgate University to kick off the college’s entrepreneur weekend. CNBC’s David Faber hosted pannel with eBay’s John Donahoe, Chegg’s Dan Rosenweig, Airbnb’s Brian Chesky, former Skype CEO Tony Bates and actor / investor Ashton Kutcher. After the hour-long discussion, […]
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Yellen: Fed Stimulus Still Needed For Job Market

Federal Reserve Chair Janet Yellen said Wednesday that the U.S. job market still needs help from the Fed and that the central bank must remain intent on adjusting its policy to respond to unforeseen challenges. In her first major speech on Fed policy, Yellen sought to explain the Fed’s shifting guidance on its interest-rate policy, […]
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Agnico Eagle, Yamana Gold And Osisko Mining Strike $3.6 Billion ‘Friendly’ Deal To Sidestep Goldcorp Takeover Bid

It’s a merger, Canadian style: Three Canadian gold mining companies,Agnico Eagle Mines, Yamana Gold and Osisko Mining,are coming together in an apparent attempt to sidestep a takeover bid for Osisko by a fourth miner, Goldcorp. Agnico and Yamana reported Wednesday that they have entered into a joint, “friendly” agreement to acquire 100% of Osisko’s shares […]
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Sodastream Surges On Starbucks, Pepsi Sale Report

Israeli financial news daily Calcalist reported that Sodastream was in early talks to sell up to 16% of the company to a large potential investor, specifically mentioning PepsiCo, Dr Pepper Snapple Group, and Starbucks. The report jolted Sodastream shares up over 8% on Wednesday morning. Calcalist wrote that the valuation discussed places Sodastream at about […]
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Burger King Worldwide New Coverage: $29 Trefis Price Estimate

Burger King Worldwide is a fast food restaurant chain, which operates in the quick service restaurant category. Founded in 1954, it has over 13,600 restaurants across 97 countries. While more than 50% of its restaurants are in the U.S., the company is looking to expand in international markets. Its price estimate of $28.97 is about […]
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Coca-Cola Earnings Review: Still Beverages Offset Decline In Sparkling, Restructuring Impacts Margins

The Coca-Cola Company announced its Q1 earnings on April 15 as still beverages and emerging economies performed well. Net revenues fell 4% year-over-year to $10.6 billion, marred by structural changes and unfavorable currency translations. Structural changes comprised deconsolidation of bottling operations in Brazil and the Philippines last year, contracting sales for Coca-Cola’s bottling investments this […]
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Schlumberger Earnings Preview: Watching The North American Business

Schlumberger, the world’s largest oilfield services company, is expected to release its Q1 2014 earnings on April 17. Schlumberger expects to see global exploration and production spending rise by roughly 6% in 2014, supported by an improving global economy, rising oil demand and relatively stable crude oil prices. “Schlumberger Earnings Preview: Watching The North American […]
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Weak Trading Revenues Weigh Down Q1 Results For Credit Suisse

Credit Suisse reported worse-than-expected results for the first quarter on April 16, with a slump in its investment banking operations leading to a 12% reduction in net income for the Swiss banking giant compared to the same quarter last year. The fact that the bank missed earnings expectations, despite having issued a warning last month […]
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Exclusive – Bahrain’s Ahli United Bank Considers Sale Or Merger: Sources

Several bankers familiar with deal said,Ahli United Bank Bahrain’s largest lender, is evaluating a sale or a merger with a rival bank in a potential $5 billion deal. According to Thomson Reuters data, a deal of this size would be the largest banking transaction in the region for the past 20 years. It could also […]
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March Housing Starts Disappoint With 2.8% Increase

Polya Lesova takes a look at the markets, including three stocks to watch today. Photo: AP. “March Housing Starts Disappoint With 2.8% Increase” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.
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