J. Patrick Sheehan, a managing director for public finance at Wells Fargo & Co. in New York and, as a student, the first person to serve as Georgetown University’s mascot, in a bulldog costume, has died. He was 54.
The contours were familiar: A hot social-media company going public with investors baying to buy its stock. Yet the outcome of Twitter Inc.’s initial public offering was far different from Facebook Inc.’s, underscoring the delicate balancing act of pricing IPOs.
Morgan Stanley said it will invest $1 billion to help improve affordable housing as part of a broader push to encourage investment in efforts that aid economic, social and environmental sustainability.
Arthur Samberg, the founder of Pequot Capital Management Inc., and Mario Gabelli, chairman of Gamco Investors Inc., pledged a combined $40 million to Columbia Business School to help fund a new campus.