August 01, 2014 | The American Lawyer
Credit Suisse's Dark Pool Faces Regulatory InvestigationSwitzerland-based Credit Suisse's alternative trading venues known as dark pools are under investigation by regulatory and governmental authorities, the company announced Thursday in its second quarter financial report.
By Jamille Sutton
2 minute read
August 01, 2014 | The American Lawyer
Alibaba Discusses Potential Investment in SnapchatSnapchat Inc., maker of the disappearing photo messaging app, has been in discussions with Alibaba Group Holding regarding selling a stake in the company to the Chinese e-commerce giant, individuals briefed on the matter told Bloomberg News.
By Jamille Sutton
2 minute read
August 01, 2014 | The American Lawyer
Former Credit Suisse Trader Avoids Jail TimeA former trader at the international financial services company Credit Suisse Group AG who was accused of falsely overstating the prices of mortgage bonds, is being spared from jail time after agreeing to cooperate with the government, Bloomberg News reports.
By Jamille Sutton
2 minute read
July 31, 2014 | The American Lawyer
Lawmakers Seek to Withhold Contracts as Way to Deter InversionsFour federal lawmakers introduced a bill on Tuesday that would withhold government contracts from U.S. companies that seek to lower their taxes by relocating their operations overseas.
By Jamille Sutton
2 minute read
July 31, 2014 | The American Lawyer
DreamWorks' 'Turbo' Write-Down Faces SEC InvestigationDreamWorks Animation SKG Inc. said that the Securities and Exchange Commission is investigating the company's write-down of "Turbo," a movie released last summer, a company executive announced in a conference call on Tuesday as reported by Bloomberg News.
By Jamille Sutton
2 minute read
July 30, 2014 | The American Lawyer
BlackBerry to Acquire SecusmartBlackBerry Ltd. will acquire Germany's Secusmart GmbH, a company known for its voice and data encryption as well as its anti-eavesdropping technology, in an effort to attract security conscious clients like government agencies, the company announced on Tuesday.
By Jamille Sutton
2 minute read
July 30, 2014 | The American Lawyer
Investment Banks Profit from Inversion DealsInvestment banks have collected approximately $1 billion since 2011 advising and pushing American companies to engage in inversion deals, where they move their addresses abroad and thereby save on taxes, The New York Times reports.
By Jamille Sutton
2 minute read
July 30, 2014 | The American Lawyer
Tyson to Sell Poultry Businesses in Brazil and MexicoTyson Foods will sell its poultry businesses in Mexico and Brazil to Brazilian meatpacker JBS SA for $575 million in order to help pay for its acquisition earlier this month of Hillshire Brands, the company announced on Monday.
By Jamille Sutton
2 minute read
July 29, 2014 | The American Lawyer
Former Treasury Official Says Obama Can Slow Inversions Without LegislationA former Treasury official says the Obama Administration could invoke a 1969 tax law to slow down an onslaught of corporate inversions, in which U.S. companies reincorporate abroad to save on taxes, Bloomberg News reports.
By Jamille Sutton
2 minute read
July 29, 2014 | The American Lawyer
Virgin America Files for IPOVirgin America, a U.S. airline that advertises high quality service at a low cost, filed for an initial public offering with the Securities and Exchange Commission, the company announced on Monday.
By Jamille Sutton
2 minute read
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