Capital Markets
More
-
LONDON, Feb 12- The co-head of UBS's financial institutions group in Europe, Edouard de Vitry, is leaving the bank in the latest high level restructuring in its investment bank division, three people with knowledge of the situation said on Tuesday.
-
SAN FRANCISCO, Feb 11- A U.S. judge approved Apple Inc's request to speed up the schedule in a lawsuit filed by star hedge fund manager David Einhorn's Greenlight Capital, part of an effort to get the company to share its huge cash reserves with investors.
-
*To focus this year on U.S. and Europe before eyeing Asia. OSLO/ NEW YORK, Feb 11- Norway's $700 billion oil fund made its first property purchase in the United States on Monday and plans to spend billions more this year enlarging its portfolio, its real estate chief said.
-
Three of Dell's largest investors joined Southeastern Asset Management on Friday in objecting to a $24.4 billion buyout of the No. 3 PC maker led by Chief Executive Michael Dell, sources said, as opposition grows to the largest buyout since the start of the financial crisis.
-
*Mike Dell, Silver Lake consortium standing firm on $13.65 offer- sources. NEW YORK, Feb 8- Three of Dell Inc's largest investors joined Southeastern Asset Management on Friday in objecting to a $24.4 billion buyout of the No. 3 PC maker led by Chief Executive Michael Dell, sources said, as opposition grows to the largest buyout since the start of the financial crisis.
-
NEW YORK, Feb 8- The buyout consortium led by the founder and chief executive of Dell Inc does not intend to raise its offer for the world's No. 3 PC maker following a letter to the company's board of directors by shareholder Southeastern Asset Management, two people familiar with the matter said on Friday.
-
Feb 8- Dell Inc's largest independent shareholder, Southeastern Asset Management, on Friday vowed to fight a $24.4 billion buyout of the No. 3 PC maker led by CEO Michael Dell, cementing opposition to what would be the largest buyout since the start of the financial crisis.
-
*Treasury to sell $72 billion in three-, 10- and 30- year bonds. NEW YORK, Feb 8- U.S. The Treasury will sell $32 billion in three-year notes on Tuesday, $24 billion in 10- year notes on Wednesday and $16 billion in 30- year bonds on Thursday.
-
*Treasury to sell $72 billion in new three-, 10- and 30- year bonds. NEW YORK, Feb 8- U.S. The Treasury will sell $32 billion in three-year notes on Tuesday, $24 billion in 10- year notes on Wednesday and $16 billion in 30- year bonds on Thursday.
-
Shares of Lear, which in 2007 rejected a $3 billion buyout attempt by an affiliate of billionaire investor Carl Icahn, rose as much as 8 percent on the New York Stock Exchange on Friday morning.
-
*Argentina risks default; U.S. court showdown set for Feb. 27. Investors and creditors are waiting to see if a U.S. court upholds a ruling made on Feb. 27 that prevents Argentina from paying holders of bonds issued in debt swaps in 2005 and 2010 until it pays interest and principal due to so-called "holdout" creditors who had refused to swap.
-
*Q4 after-tax ENI per share $1.69 vs Street view of $1.05. Apollo's private equity business was boosted by the sale of stakes in chemical producer LyondellBasell Industries NV and cable operator Charter Communications Inc, as well as a special dividend from LyondellBasell.
-
NEW YORK, Feb 8- Apollo Global Management LLC reported a 95 percent rise in quarterly earnings as strong gains in private equity profits, driven by asset sales, more than compensated for a drop in income in its credit investment business.
-
TOKYO, Feb 7- Japanese government bond yields slid on Thursday, with the five-year yield hitting an all-time low, as investors bet the Bank of Japan will adopt a zero interest rate policy under a new governor.
-
*San Bernardino not making required pension payments. LOS ANGELES, Feb 7- Negotiations between the bankrupt California city of San Bernardino and the state's public pension fund over the city's unprecedented suspension of pension payments have failed to produce an agreement before a crucial court hearing, officials said on Thursday.
-
Feb 7- Dell Inc's largest independent shareholder, Southeastern Asset Management Inc, has told the computer maker that a $24.4 billion buyout bid undervalues it, adding to a chorus of investor dissatisfaction with the landmark deal to take it private, two sources close to the situation said.
-
*San Bernardino not making required pension payments. LOS ANGELES, Feb 7- Negotiations between the bankrupt California city of San Bernardino and the state's public pension fund over the city's unprecedented suspension of pension payments have failed to produce an agreement ahead of a crucial court hearing, officials say.
-
*K1 founder Helmut Kiener, accomplice, charged. Feb 7- A German hedge fund founder convicted in his home country of running a Ponzi scheme faces U.S. charges along with an accomplice over frauds that cost investors more than $300 million, the U.S. Department of Justice said on Thursday.
-
NEW YORK, Feb 7- KKR& Co LP said the fourth quarter of 2012 was its strongest yet as a publicly listed alternative asset manager, as exits from private equity investments delivered a record amount of cash for itself and its investors.
-
NEW YORK, Feb 7- Charles Schwab Corp is waiving transaction fees on exchange-traded funds, the online brokerage said on Thursday, applying the formula it used to sell mutual funds to the masses to increasingly popular ETFs. Schwab ended 2012 with $223.2 billion of client money in its OneSource no-fee mutual fund platform, which includes over 4,000 funds.
Most Popular Video
The Fast Money traders share their final trades of the day.
Tuesday, 18 Jun 2013 | 5:00 PM ETAhead of the Fed meeting, the S&P 500 appears headed toward 1,687, StockMonster's Guy Adami says.
Tuesday, 18 Jun 2013 | 6:40 PM ETYou say the name of a stock, and Mad Money's Jim Cramer tells you whether to buy or sell.