REGULATION D 504, 505, 506 PPM DEBT AND EQUITY OFFERING FOR TEMPLATES

Osiris stem-cell therapy wins Canadian approval

scgadmin — Fri, 18 May 2012 05:03:50 +0000

BOSTON (MarketWatch) — Shares of Osiris Therapeutics jumped 14% to $5.60 in after-hours trading Thursday on news that Canadian regulators have approved its product Prochymal for the treatment of acute graft-vs-host disease, or GVHD, in children. GVHD is a life-threatening complication associated with such procedures as bone-marrow transplantation. Osiris added it was the world’s first regulatory approval for a manufactured stem-cell product. Prochymal will be commercially available in Canada later this year.

HSBC raises prospect of UK retail operation’s sale

scgadmin — Fri, 18 May 2012 05:03:47 +0000

HSBC Holdings PLC HBC has raised the prospect of selling its British retail banking operation if new regulations prove too demanding, The Times in the U.K. reported Friday. Stuart Gulliver, chief executive of the global banking group, told analysts the British retail bank would have to meet strict internal targets when the new rules came in–and if it did not, it would be sold, according to The Times.

MetLife China sees strong insurance demand

scgadmin — Fri, 18 May 2012 05:03:43 +0000

–Chinese demand for life insurance is set to remain strong in the coming years, says MetLife China CEO –A fast-ageing society and an increasingly mobile population guarantees the demand, Bob Pei says –MetLife China eyes China’s pension market, with a focus on enterprise annuities Chinese demand for life insurance is set to remain strong in the coming years due to a fast-ageing society and an increasingly mobile population as the country’s pace of urbanization accelerates, MetLife China Chief Executive Bob Pei said.

Mutual Funds Weekly: IPOs get IOU from ETFs

scgadmin — Fri, 18 May 2012 05:03:08 +0000

Facebook comes to market on Friday in one of the largest and most-anticipated initial public offerings in U.S. history. But a certain group of potential big buyers will have to wait.

China’s CFFEX expands collaboration efforts

scgadmin — Thu, 17 May 2012 15:44:47 +0000

–China Financial Futures Exchange expands collaboration efforts –CFFEX signs memorandum of understanding with NYSE, CBOE, CME, Eurex –Contract volume on market nearly doubled in first quarter (Updates to include additional agreements with CME Group and Deutsche Boerse’s Eurex, as well as trading-activity figures.

Paul B. Farrell: The 4 hard lessons of 2008 that Dimon must accept

scgadmin — Thu, 17 May 2012 15:44:43 +0000

Will Jamie Dimon’s lesson in humility lead him to embrace the four broader lessons of 2008? Will this change not just J.P. Morgan but all the too-big-to-fail banks that control over 90% of America’s banking assets? Will Wall Street finally learn these four essential lessons?

National Grid keeps positive outlook for 2012-2013

scgadmin — Thu, 17 May 2012 15:44:40 +0000

LONDON -(MarketWatch)- National Grid PLC (NG.LN) Thursday posted a 3% decrease in full-year operating profit, due to severe weather that had hit its U.S. businesses, but maintained its positive outlook for 2012-2013.

MetroCorp Bancshares offer 4.45M shares priced $9

scgadmin — Thu, 17 May 2012 15:44:36 +0000

MetroCorp Bancshares Inc.’s MCBI public offering of 4.45 million common shares priced at a 7.4% discount to Wednesday’s close. Shares were inactive premarket and closed Wednesday at $9.72, compared with the offering’s price of $9 each. The stock is up 53% so far this year. The bank holding company late Wednesday said the proceeds would fund investments, capital for subsidiary banks and potential expansion.

Bankia plummets on deposit drain concerns

scgadmin — Thu, 17 May 2012 15:44:32 +0000

MADRID — The Spanish government moved Thursday to quell fears of massive deposit withdrawals in Bankia (BKIA.MC) as its shares were pummeled by an unconfirmed local media report that depositors had withdrawn around EUR1 billion from their accounts after the government rescued the ailing lender last week.

Audio: Radio update: Wal-Mart tops earnings forecasts

scgadmin — Thu, 17 May 2012 15:44:27 +0000

The latest money news from Ann Cates, including a report that losses at JPMorgan Chase may be steeper than first thought.