Investment banking fees fall 7 percent in 2016 dragged down by equity raisings Jan 4, 2017 07:06AM

LONDON (Reuters) - Investment banking fees fell 7 percent worldwide in 2016, dragged down by a 23 percent fall in equity capital market (ECM) fees, Thomson Reuters data showed on Wednesday, raising the pressure on banking giants fighting to restore profitability.

The sharpest falls were in Europe Middle East and Africa where a 20 percent drop in total fees in southern Europe, still suffering from the fallout of the 2008-09 financial crisis, depressed the... (continue reading...)


Twitter (TWTR) CEO Dorsey Sees Four 'Clear Themes' from User Feedback: Abuse, Edit, Topics, Conversations Dec 30, 2016 03:06PM

Twitter (NYSE: TWTR) CEO Jack Dorsey today is thanking users for the feedback he received from his recent request to improve the service in 2017. Jack notes 4 clear themes users want them to work on: abuse, edit, topics & interests, and conversations.

He had the following to say about those themes:

Abuse: obviously a ton of work ahead but biggest ask was for greater transparency around our actions (or inaction) and faster shipping

Edit: clearest ask was to provide a quick... (continue reading...)


Norway aims to allow testing of self-driving cars in 2017 Dec 22, 2016 10:49AM

OSLO (Reuters) - The Norwegian government aims to pass a law in the spring of next year to allow testing of self-driving vehicles on Norwegian roads, it said on Thursday.

Norway is one of the largest markets for Tesla Motors electric vehicles, thanks to generous government subsidies. Tesla said in October its new models will come with hardware, including cameras and a radar, to enable them to be fully-self driving.

The move to permit testing... (continue reading...)


Immunogen (IMGN) Director Buys 20K Shares Dec 15, 2016 11:53AM

Immunogen (NASDAQ: IMGN) Director, Mark Alan Goldberg, bought 20,000 shares on 12/15 at $1.80


Callaway Golf (ELY), Acushnet (GOLF) Investors Should Eye Bridgestone Golf's New Deal with Tiger Woods Dec 15, 2016 11:35AM

Callaway Golf (NYSE: ELY) and Acushnet (NYSE: GOLF) are both trading higher Thursday (1.3%, +4%) but a big move by a small player could be being overlooked by investors.

Earlier today, Tiger Woods, once the top golfer and most marketable athletes in the world, signed a deal with Bridgestone Golf to exclusively play and promote its high-performance golf balls.

"Finding the right golf ball is extremely important. It's an essential part of my equipment, and the Bridgestone... (continue reading...)


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