Latest News

The Rise and Fall of the Drexel Empire

LWPartners Capital Group CEO Leon Wagner discusses his career with Drexel Burnham and Lambert with Bloomberg’s Jason Kelly on “Bottom Line.” (Source: Bloomberg)

Gainers

RCPT
+8.55
+5.19%
Receptos Inc
PPC
+1.17
+5.16%
Pilgrim's Pride Corp
NEM
+1.01
+4.65%
Newmont Mining Corp
SUNE
+1.10
+4.58%
SunEdison Inc

Losers

NRG
-1.59
-6.31%
NRG Energy Inc
GPRO
-2.52
-5.81%
GoPro Inc
ONNN
-0.62
-5.16%
ON Semiconductor Corp
UAL
-3.24
-4.82%
United Continental Holdings Inc

What Attracted Clients to Drexel Burnham Lambert?

Crescent Capital Mark Attanasio discusses working at Drexel Burnham Lambert and the junk bond king Michael Milken. He speaks with Bloomberg’s Stephanie Ruhle, Erik Schatzker and Jason Kelly on “Market Makers.” (Source: Bloomberg)

Street Smart

What Dynamics Are Occurring in Brazilian Politics?

Former Citigroup Senior Vice Chairman William Rhodes examines Brazil President Dilma Rousseff’s decision to rule out currency intervention. He speaks with Bloomberg’s Alix Steel on “Street Smart.” (Source: Bloomberg)

Iran Negotiations Should Not Be Sent to the UN: Rhodes

Former IDF Brigadier General Shlomo Brom and Former Citigroup Senior Vice Chairman William Rhodes discuss U.S. Secretary of State John Kerry to remain in Lausanne as Iran negotiations continue. They speak with Bloomberg’s Alix Steel on “Street Smart.” (Source: Bloomberg)

Nasdaq Records 9 Straight Quarterly Gains

Bloomberg’s Joseph Ciolli discusses the Nasdaq recording 9 straight quarterly gains and continuing to outperform the S&P 500 in “On The Markets.” He speaks with Bloomberg’s Julie Hyman on “Bottom Line.” (Source: Bloomberg)

Joint Venture to Help BioPharma: Quintiles, Quest

Quintiles CEO Thomas Pike and Quest Diagnostics CEO Steve Rusckowski discuss how the Quintiles, Quest partnership will create the world’s second largest provider of central lab services and help bring new drug therapies to market. They speak with Bloomberg’s Alix Steel on “Street Smart.” (Source: Bloomberg)

GoDaddy Set To Go Public. Why Now?

Bloomberg’s Brian Womack reports on GoDaddy IPO to raise $418M with Bloomberg’s Alix Steel on “Street Smart.” (Source: Bloomberg)

Here Comes a New Wave of Billion-Dollar Hedge Funds

The hedge fund industry is seeing the largest influx of startups since 2005, with no fewer than six coming to market this year with at least $1 billion dollars in funds. Bloomberg’s Katherine Burton reports on “In The Loop.” (Source: Bloomberg)