Alex Freemon was so eager to be a stockbroker after graduating from the Georgia Institute of Technology last year that he said he was happy to go door to door selling mutual funds for Edward Jones & Co.
ICU Medical Inc., the San Clemente, California-based producer of intravenous medical equipment, is weighing a sale that may fetch more than $1 billion, said people familiar with the matter. The shares rose to their highest closing price since first being sold to the public 21 years ago.
Vitol SA, the world’s largest closely held oil trader, was one of four companies that submitted emissions-reducing projects to California regulators this past month to qualify for early-offsets credits.
The new U.S. consumer finance watchdog is gearing up to monitor how millions of Americans use credit cards, take out mortgages and overdraw their checking accounts. Their bankers aren’t happy about it.
New Jersey Governor Chris Christie, who pledged to reduce state bonding, hasn’t been able to keep a vow to curb borrowing for roads and bridges. Investors in the $3.7 trillion municipal market welcome the extra debt.
Glencore International Plc and Bunge Ltd. expect lower prices for agricultural commodities in the coming season after the most severe drought in the U.S. since the 1930s drove corn and soybeans to records last year.