New York Post: Scott Rostan “Goldman Sachs plans 20% pay hike for junior bankers”
http://nypost.com/2014/08/20/goldman-sachs-plans-20-pay-hike-for-junior-bankers/ By Kevin Dugan First they get a day off. Next they get a raise. Goldman Sachs’ junior bankers — who are known to log grueling 100-hour work weeks — are looking at a pay hike of more than 20 percent next year, two people familiar with the bank’s plans told The Post. That would […]
The Street: Scott Rostan “Where Top MBA Graduates Want to Work and Salary Expectations”
A new survey of MBA students and graduates found that their top employment choice is not bulge bracket banks but consulting firms. Training The Street (TTS) conducted its fifth annual survey of MBA students. The firm says consulting firms recruit more aggressively than the large banks. The survey also found MBA students are very optimistic […]
Bloomberg: Scott Rostan “OpenTable’s High Premium Boosts Yelp to GrubHub”
http://www.bloomberg.com/news/2014-06-13/opentable-gets-top-internet-premium-since-2007-real-m-a.html By Tara Lachapelle and Brooke Sutherland What do OpenTable Inc. (OPEN), Uber Technologies Inc. and WhatsApp Inc. have in common besides sky-high valuations? Look it up on your phone. The 53 percent premium Priceline Group Inc. is wooing OpenTable shareholders with tops any other large takeover of an Internet stock in North America since 2007, according […]
Bloomberg: Scott Rostan “Real M&A: JBS’s Remaining Targets Lack Hillshire Appeal”
http://www.bloomberg.com/news/2014-06-12/jbs-s-remaining-targets-lack-hillshire-appeal-real-m-a.html By Brooke Sutherland JBS SA (JBSS3) is running out of consolation prizes. The Brazilian meat producer’s latest attempt at a major deal was quashed this week when Tyson Foods Inc. won the bidding war for Hillshire Brands Co. (HSH) with a record premium for the food industry. Last year, JBS was preparing a bid […]
BNN: Scott Rostan “IPO/M&A Frenzy”
http://watch.bnn.ca/business-day-pm/business-day-pm-april-2014/business-day-pm-april-15-2014/#clip1080660
Crain’s: Scott Rostan “M.B.A.s flock to tech scene”
Traditional Wall Street jobs aren’t the sure thing they used to be for some graduates. http://www.crainsnewyork.com/article/20140318/NONPROFITS/303169997/-education-report-m-b-a-s-flock-to-tech-scene# By Eilene Zimmerman Kelly Goldston didn’t make a beeline for an investment bank or consulting firm like many M.B.A.s when she graduated last May from New York University’s Stern School of Business. Instead, she took a job as senior […]
Bloomberg: Chirag Saraiya on “Herbalife Ripens for Suitors Dismissing Ackman: Real M&A”
http://www.bloomberg.com/news/2014-02-24/herbalife-ripens-for-suitors-dismissing-ackman-real-m-a.html By Brooke Sutherland and Duane D. Stanford For suitors willing to bet Bill Ackman is wrong, Herbalife Ltd. (HLF) is a prime candidate for a buyout. Ackman’s assertions that Herbalife is a pyramid scheme pit him against company backers including Carl Icahn and Bill Stiritz, chairman of Post Holdings Inc. Stiritz, the fourth-largest holder, said last year he’d support a buyout. […]
Training The Street Offically Launches Law Firm Practice Group
http://www.cnbc.com/id/101407124 — Financial Learning Service Provider Uses Wall Street’s Tools for Legal Clients — NEW YORK, February 11, 2014 – Training The Street (TTS), a leading corporate training provider for the top Wall Street firms and business schools, officially announced today the launch of its law firm practice group. Adapting TTS’s coursework offered to banks, […]
CFO Magazine: Scott Rostan on “CVS Jettisons a Cash Cow”
http://www.cfo.com/risk-management/2014/02/cvs-jettisons-cash-cow/ Marielle Segarra On Wednesday, CVS Caremark announced that it would stop selling cigarettes and tobacco products, a segment worth $2 billion in annual sales. Much has been written about the decision, which CVS says will erase 17 cents in from its earnings per share annually. Why would it make this kind of move? Partly […]