Category: Business

Chair, Deputy Chair of Atlanta Fed’s Board of Directors Designated

ATLANTA, GA (STL.News) The Federal Reserve Bank of Atlanta announces the designation of Elizabeth A. Smith as the 2021 chair of its board of directors, and Claire Lewis Arnold as the 2021 deputy chair.  Both are Class C directors, appointed…

Northrop Grumman to Enable New F-35 Warfighting Capability

BALTIMORE, MD (STL.News) Northrop Grumman Corporation (NYSE: NOC) has received a contract award from Lockheed Martin Corporation to enable new functionality to protect the 5th Generation F-35 Lightning II multi-role fighter. As part of a collaborative arrangement between Northrop Grumman,…

CME Group and IHS Markit to Form Joint Venture for OTC Markets

LONDON and CHICAGO, IL (STL.News) CME Group (NASDAQ: CME), the world’s leading and most diverse derivatives marketplace, and IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today announced that they have agreed to combine their…

IBM Buys 7Summits – Drive Digital Transformations for Salesforce Clients

AI-powered intelligent workflows accelerate customer, employee and partner outcomes ARMONK, NY (STL.News) IBM (NYSE: IBM) today announced it has acquired 7Summits, a leading Salesforce consultancy with more than a decade of delivering transformative digital experiences across industries.  The acquisition extends…

Boeing: Provide Six More Solar Arrays for International Space Station

Augmented power supply to enhance station’s health and enable more research HOUSTON, TX (STL.News) Boeing [NYSE: BA] will support the International Space Station’s (ISS) growing research capabilities and commercial opportunities with new solar arrays to increase the orbiting laboratory’s power…

SEC filed Administrative Proceeding Against Kerry L. Hoffman

Washington, DC (STL.News) The US Securities and Exchange Commission (SEC) filed an Administrative Proceeding against Kerry L. Hoffman pursuant to Section 15(b) of the Securities Exchange Act of 1934 and Section 203(f) of the Investment Advisors Act of 1940, making…

CFTC General Counsel Dan Davis to Depart Agency on January 15

Washington, DC (STL.News) The Commodity Futures Trading Commission today announced that Daniel J. Davis, the CFTC’s General Counsel and head of the Legal Division, will depart the agency on January 15, 2021 for a role in the private sector.  Mr….

Duke Realty – Pricing Terms – $450 Million Senior Unsecured Notes

INDIANAPOLIS, IN (STL.News) Duke Realty Corporation (NYSE: DRE), a leading industrial property REIT, announced today that its operating partnership, Duke Realty Limited Partnership (the “Operating Partnership”), has priced an underwritten public offering of $450 million of its 1.75% senior unsecured…

SEC Files Administrative Proceeding Against Wells Fargo & Company

Washington, DC (STL.News) The US Securities and Exchange Commission (SEC) filed an Administrative Proceeding (File No. 3-19704) against Wells Fargo & Company for Order Approving Plan of Distribution. CLICK to VIEW FILING – PDF Continue reading SEC Files Administrative Proceeding…

How to Maintain, Monitor and Protect Your EFIN

(STL.News) Find out how you can maintain, monitor and protect your electronic filing identification number (EFIN).  For more additional resources, go to https://www.irs.gov/tax-professionals… ? YouTube video provided courtesy of the IRS Continue reading How to Maintain, Monitor and Protect Your…

SEC Action: Justin Robert King and Elevate Investments, LLC

SEC Obtains Emergency Relief Freezing Assets and Halting an Alleged Ongoing Fraud (STL.News) The Securities and Exchange Commission has obtained an emergency court order freezing assets of a San Juan Capistrano, California-based company and its founder, who allegedly were carrying…

Aon plc Declares Quarterly Dividend

DUBLIN (STL.News) Aon plc (NYSE: AON), the leading global professional services firm providing a broad range of risk, retirement and health solutions, announced today that the Board of Directors has declared a quarterly cash dividend of $0.46 per share on…