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| Stream Announces Completion of Tender Offer (PR Newswire) December 14, 2009 at 6:48 pm |
| Stream Global Services, Inc. , a premium business process outsource service provider specializing in customer relationship management services for Fortune 1000 companies, announced today the final results of its tender offer to purchase up to 17,500,000 of its publicly held warrants , that are each exercisable to purchase one share of its common stock, at a purchase price of $0.50 per warrant., which expired at 5:00 p.m., New York City time, on December 14, 2009. |
| Launch targets corporate credit gap (at FT.com) December 14, 2009 at 5:45 pm |
| Haymarket Financial, a new lending group backed by the private equity group TowerBrook Capital Partners, has launched with $700m in permanent capital, in a sign of investors looking to take advantage of the gap in the availability of corporate credit. |
| 'God's work' for God's pay (at FT.com) December 14, 2009 at 4:05 pm |
| God, in the form of "inclement weather", intervened on Monday to prevent Lloyd Blankfein's attendance at Barack Obama's meeting with America's top 12 financial chief executives. The head of Goldman Sachs joined by telephone instead. |
| Clearance of CDS passes milestone (at FT.com) December 14, 2009 at 1:05 pm |
| The trading of credit default swaps passed a key milestone on Monday as dealers started placing trades executed with their clients into ICE Trust, a central clearing house for over-the-counter derivatives. |
| Morgan Stanley hires ex-Merrill COO Fleming (Reuters) December 14, 2009 at 4:39 am |
| Morgan Stanley said on Sunday it hired former Merrill Lynch President and Chief Operating Officer Gregory Fleming to run its investment management group, the latest in a string of executive level changes. |
| NASDAQ OMX and Verizon Business Extend Co-Operation (GlobeNewswire) December 14, 2009 at 3:20 am |
| NEW YORK -- The NASDAQ OMX Group, Inc. today announced that it has extended its co-operation with Verizon Business. Through the two companies' new agreements, NASDAQ OMX is reinforcing its global open connectivity strategy as well as supporting the expansion of its world-leading co-location services offering for its U.S. exchanges and markets. |
| "Naked access" now 38 percent of U.S. trading: report (Reuters) December 14, 2009 at 12:37 am |
| A report says that 38 percent of all U.S. stock trading is now done by firms that have "naked sponsored access" to markets, the controversial trading practice said to imperil the marketplace, and which faces a regulatory crackdown. |
| Morgan Stanley hires ex-Merrill COO Fleming (Reuters) December 13, 2009 at 9:25 pm |
| Morgan Stanley said on Sunday it hired former Merrill Lynch President and Chief Operating Officer Gregory Fleming to run its investment management group, the latest in a string of executive level changes. | | | |
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