• A small Minnesota-based investment bank you've never heard of got in on a $3.6 billion Wall Street deal

    10 days ago - By Chron

    Triple Tree
    Think of Minnesota, and the first thing that probably comes to mind is the state's 10,000 lakes. Not multi-billion dollar pharma deals.
    But that's exactly what's on the mind of the 50-plus financiers at TripleTree, a Minneapolis-based investment bank focusing on healthcare and healthcare tech deals.
    The boutique investment bank, which was founded in 1997, is slated to split $15 million to $20 million with Lazard, a New York-based investment bank, for its role advising Express Scripts in its $3.6 billion acquisition of eviCore healthcare, according to estimates from Freeman &...
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  • Wall Street rally pauses as tepid bank earnings, media stocks weigh

    10 days ago - By Reuters

    A rally on Wall Street paused on Thursday following lackluster quarterly earnings from JPMorgan and Citigroup and as media stocks dropped for the second straight day.
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  • Wall St. Edges Along on Tepid Bank Earnings, Media Stocks Drag

    10 days ago - By NY Times

    Wall Street was largely unchanged late on Thursday morning as a rise in technology stocks helped negate another tumble in media stocks and results from JPMorgan and Citigroup that failed to enthuse.
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  • Wall Street drops as bank earnings fail to cheer, media stocks drag

    11 days ago - By Reuters

    U.S. stocks fell on Thursday morning, dragged down by media companies, while results from JPMorgan and Citigroup failed to fuel the optimism that has driven indexes to record highs.
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  • Markets Right Now: Stocks open lower on Wall Street

    11 days ago - By Chron

    NEW YORK - The latest on developments in financial markets :
    9:35 a.m.
    Stocks are opening slightly lower on Wall Street, a day after setting their latest record highs.
    AT&T sank 3 percent in early trading Thursday after saying it was losing DirecTV subscribers. Cable TV operator Comcast also fell 2.3 percent.
    Banks were broadly higher after JPMorgan Chase and Citigroup both reported higher earnings than analysts were expecting.
    The Standard & Poor's 500 index fell 4 points, or 0.2 percent, to 2,550.
    The Dow Jones industrial average lost 36 points, or 0.2 percent, 22,836. The Nasdaq...
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  • Wall Street slips as bank results fail to excite

    11 days ago - By Reuters

    Wall Street was slightly lower at the open on Thursday as results of major banks JPMorgan and Citigroup failed to fuel the optimism that has driven indexes to record highs.
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