peHUB Second Opinion

Trading Up: Liam Beere, head of global M&A at UBS, is leaving to join Moelis & Co. A Deal: RIM shares have plunged and they're now an acquisition target. Will Microsoft buy them? Apple: The iPhone 5 may be a major update after all. Announcement and availability could come in August. And, Apple plans to enter the TV business. Saying No: Don't expect TPG to follow Carlyle and Blackstone into the IPO market. Slap on the Wrist: JP Morgan to pay a mere $153.6 mln to settle an SEC probe of a CDO sale. Wall Street Bloodshed: Morgan Stanley is cutting staff across the board, according to Dealbreaker. Sexting Aftermath: NY Governor Cuomo to call for a Sept. 13 special election to replace Rep. Anthony Weiner. Soapbox Limits: New York Times cuts the character limit of site comments to 2,000 from 5,000.