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These notes, with mouthfuls of names as Trigger Phoenix Autocall Optimization Securities and Airbag Yield Optimization Securities, were sold to people of modest means, often with low risk tolerances, and included some retirees, the SEC said. In fact, Morgan Stanley 's Brian Nowak believes Waymo could be worth $70 billion. In late 2015, Alphabet hired John Krafcik, a former Hyundai North America executive, as the unit's first CEO, and in December 2016, it officially separated its self-driving research unit into its own company called Waymo.
These developments suggest Waymo is becoming viable as a stand-alone business, rather than a mere research project. (Reporting by Jonathan Stempel and Elizabeth Dilts in New York and Tim Ahmann in Washington, additional writing by Eric Walsh; editing by Alan Crosby and Richard Chang) "We will use these advanced analytic techniques" in future investigations, Ceresney said. The case is part of a years-long crackdown by the SEC, the Financial Industry Regulatory Authority and other regulators to stop banks and brokerages from selling products that retail and even professional customers may not want, need or understand.
If you have any kind of inquiries relating to where and how you can use seo, you can contact us at our webpage. July 26 (Reuters) - Valero Energy Corp expects lower refinery utilization over the rest of the year as companies step up efforts to counter slumping refining margins caused by record supplies of gasoline and diesel products. "Refinery utilization has been such that supply has been able to keep up and even outpace demand, so ultimately we are going to need a rebalancing and see lower refinery utilization," said Gary Simmons, senior vice president of supply, international operations and systems optimization at Valero.
(Reporting by Deepa Seetharaman; Additional reporting by Nathan Layne; Editing by Cynthia Osterman) Lower gasoline prices had been expected to fuel higher retail sales this winter, especially at Wal-Mart and other chains that cater to low- to middle-income shoppers, analysts said. The first-mover advantage has given Waymo the most self-driven miles of any company , with over 3 million miles driven on roads, along with over 1 billion miles in simulation.
Most miles driven Alphabet began its self-driving experiment as early as 2009. NEW YORK, Sept 28 (Reuters) - UBS Group AG has agreed to pay more than $15 million to settle U. Securities and Exchange Commission charges that its failure to properly train brokers led to customers buying hundreds of millions of dollars of unsuitable securities. The SEC said on Wednesday that UBS from 2011 to 2014 sold about $548 million of "reverse convertible notes," derivatives tied to individual stocks, to more than 8,700 retail customers who were relatively inexperienced and unsophisticated.
Wal-Mart, which recorded $473. It had previously estimated growth at the low end of a 3-5 percent range. 1 billion in sales in its last fiscal year, said it now expects sales to rise 2-3 percent in the current year to Jan. "EBay, especially on the marketplaces side, is actually suffering from company-specific setbacks," Wedbush Securities analyst Gil Luria said. "But overall, if e-commerce was growing faster or as fast as it was last year or a couple years ago, it would have probably helped them hide that.
The National Retail Federation, in a press release entitled "optimism shines," predicted strengthening consumer confidence would trigger a 4. 1 percent seen in the same period of 2013.
