JPMorgan Chase shuffles management of investment banking team, names Jes Staley CEO of unitSeptember 30th, 2009 JPMorgan shuffles investment banking managementNEW YORK — JPMorgan Chase is shuffling the management duties of its investment bank and asset management units. The New York-based bank holding company says Steve Black will become executive chairman of the investment bank business.
Plains All American buys remaining 50 percent stake in natural gas unit, gains full ownershipSeptember 4th, 2009 Plains buys remaining stake in natural gas unitHOUSTON — Crude oil transporter Plains All American Pipeline LP said it bought Vulcan Capital's indirect 50 percent interest in PAA Natural Gas Storage LLC. On Thursday the company said this move boosts its ownership of the natural gas storage business to 100 percent.
WVa Bayer CropScience plant to cut storage of deadly chemical blamed for 1984 deaths in IndiaAugust 26th, 2009 WVa plant to cut storage of deadly chemicalINSTITUTE, W.Va. — Bayer CropScience said Wednesday that a West Virginia plant will reduce its storage of a toxic chemical that was in danger of being released in a deadly explosion nearly a year ago.
U-Store-It makes $161.2M from public offering of 32.2M common shares; plans to pay off debtAugust 20th, 2009 U-Store-It makes $161.2M from public offeringNEW YORK — Self storage company U-Store-It Trust said Wednesday it made $161.2 million from a public offering of 32.2 million common shares. The Wayne, Pa.-based company said it would use the proceeds to pay off debt and for general corporate purposes.
Spectra Energy declares quarterly dividend of 38 cents, payable Aug. 14July 27th, 2009 Spectra Energy Partners declares dividendHOUSTON — Natural gas storage and transport company Spectra Energy Partners LP said Monday the board of directors for its general partner has declared a cash distribution of 38 cents per unit for the quarter ended June 30. That's up from a distribution of 37 cents per unit for the first quarter of 2009.
EMC takes majority stake in Data Domain after outbidding NetAppJuly 20th, 2009 EMC takes majority stake in Data DomainHOPKINTON, Mass. — Data storage company EMC Corp.
EMC to buy Data Domain, NetApp drops out of biddingJuly 8th, 2009 EMC buys Data Domain, NetApp drops out of biddingA bidding war over data storage company Data Domain is over, with EMC emerging as the victor. Data Domain Inc.
Bemis, Alcoa, American Express, Data Domain are among big market movers MondayJuly 6th, 2009 Bemis, Alcoa, Data Domain are big moversNEW YORK — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Bemis Co., up $1.22 at $25.50
The company, which makes clear plastic packages, is paying $1.2 billion for the global packaging business of Rio Tinto PLC. Bank of America Corp., down 49 cents at $12.15
An analyst said the lender faces a 10 percent jump in uncollectible loans when it reports second-quarter earnings.
Rebuffed EMC boosts bid for Data Domain, topping rival bid its target has accepted from NetAppJuly 6th, 2009 EMC hikes offer for Data Domain, bidding escalatesNEW YORK — Firing the latest salvo in a bidding brawl, data storage company EMC Corp. boosted its offer for Data Domain which has already accepted a lower bid from NetApp Inc.
EMC boosts bid to purchase Data Domain to $33.50 per share, says it has regulatory approvalJuly 6th, 2009 EMC raises bid for Data Domain to $33.50 per shareNEW YORK — Data storage company EMC boosted its offer to buy Data Domain to $33.50 per share in cash and says it received regulatory approval for the purchase. EMC's new offer, announced Monday, is $3.50 per share above its previous offer valuing Data Domain Inc.
Mass. company gets $43 million loan guarantee from US for flywheel energy storage in NYJuly 3rd, 2009 Mass. firm gets loan for NY energy storage systemTYNGSBORO, Mass. — A Massachusetts company says the federal government has approved a $43 million loan guarantee to help finance a 20-megawatt energy storage system for New York's electrical grid.
Xyratex shares surge after 2nd-quarter resultsJune 25th, 2009 Xyratex shares soar after 2Q resultsNEW YORK — Shares of Xyratex Ltd. surged Thursday after the data storage and storage technology company posted better-than-expected results for its fiscal second quarter.
Data Domain to comment on EMC takeover bid by June 16; asks shareholders to defer decisionJune 4th, 2009 Data Domain to comment on EMC bid by June 16SANTA CLARA, Calif. — The board of Data Domain asked Thursday that shareholders defer a decision on EMC Corp.'s offer to buy the company for $1.8 billion in cash until it can review the bid.
EMC offers $1.8 billion for Data Domain in bid against rival NetAppJune 1st, 2009 EMC offers $1.8 billion for Data DomainHOPKINTON, Mass. — Data storage company EMC Corp.
Police find body of missing 9-year-old old quadriplegic girl in storage unit near Flint, Mich.April 22nd, 2009 Quadriplegic girl found dead in Mich. storage unitFLINT, Mich.
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