US, Israel make arrests related to JPMorgan hack
Reuters, Ynetnews report US and Israeli law enforcement agencies have arrested four people in Israel and Florida related to securities fraud tied to computer hacks of JPMorgan Chase & Co and other financial More...
Nice Systems Gets Upgraded Rating from JP Morgan
– – Israel’s Nice Systems has seen JP Morgan Chase upgrade its rating from neutral to overweight. The news comes as the company releases a new office solution called Work Manager, a back More...
Study: Scandals Not Bad for Business in the Long Run
Scandals involving bosses of major firms have no long-term negative impact on share prices and can even lead to better performance, University of Sussex research has found. The corrective measures put in place More...
Fed Wants JPMorgan to Go to Pieces
In the depth of the financial crisis, the Federal Reserve encouraged JPMorgan to adopt failed banks, but now the Fed may try to split them up again, according to CNBC. The whole debate of whether JPMorgan More...
Is Yelp Saying ‘Yikes’ over Insider Selling?
Yelp CEO Jeremy Stoppelman just sold 13, 513 shares of his company on a transaction that occurred on Wednesday December 10th, according to a filing by the SEC as reported by The Legacy. The shares were sold More...
Outbrain files for Nasdaq IPO at $1 billion company value – report
– The Israeli content recommendation company filed confidentially, the “Wall Street Journal” reports. Outbrain Inc. has filed confidentially with the US Securities and Exchange Commission More...
ECB drops Citi from FX contact group
– The European Central Bank has dropped Citigroup from its experts’ working group on foreign exchange, days after the U.S. bank was fined by U.S. and UK regulators for failing to stop traders from More...
Nick Woodman’s GoPro IPO Successfully Priced Issue Raises $427 Million
– Ruggedized sports and outdoor camera maker GoPro priced its IPO successfully yesterday, achieving a per share unit price of US$24, which was at the top of its expected range. The public More...
Nicholas Woodman’s GoPro Pricing $400 Million IPO This Week Hopes To Sell 17.8 Million Shares
– – Three weeks ago we learned that ruggedised camera maker GoPro was launching an IPO process in New York, after the SEC had approved the preliminary prospectus it had previously More...
Kibbutz Sdot Yam selling Caesarstone shares for $268 million
– After the sale each kibbutz member will be worth NIS 7-8 million (about $2 – $2.3 million) – – Kibbutz Sdot Yam is selling 5.5 million Caesarstone Bat Yam Ltd. (Nasdaq: CSTE) shares More...