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Robins Kaplan LLP

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Tuesday was yet another banner day on Wall Street, with the S&P 500 and Nasdaq closing at new highs.  Most market watchers think we have the Fed’s recent pivot on interest rates to thank for the continuing bull market...more

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Comcast has withdrawn from its bidding war with Disney over 21st Century Fox’s assets, but it will continue in its pursuit of British satellite TV provider Sky PLC....more

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More trouble for Wells Fargo, as news emerged yesterday that some employees in the company’s business banking wholesale unit “altered information on documents related to corporate customers” without customers’...more

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The White House has chosen Columbia University economist Richard Clarida as Fed Vice Chair—the number 2 spot at the central bank. Clarida is a “monetary policy scholar” and former Bush II administration Treasury official....more

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Investors’ decreasing appetite for actively managed mutual funds appears to have helped drive the major shake-up at AllianceBernstein Holding, which said so long to CEO Peter Kraus and removed nine board members in favor of 6...more

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We learned about KraftHeinz’s offer to merge with Unilever only after it had been rejected. And now it appears to be off the table completely—all $143 billion of it....more

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Wells is working hard to keep from having to produce four databases in ongoing toxic RMBS litigation with an investor class headed by Royal Park & BlackRock...more

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