Some of the names on the move ahead of the open.» Read More
David Rubenstein, The Carlyle Group co-founder & co-CEO, discusses the $15 million repair of the iconic American landmark after a 5.8 magnitude earthquake damaged the monument.
May 12- Nasdaq OMX Group Inc said on Monday its former chief financial officer Adena Friedman will rejoin the company as president of global corporate and information technology solutions, reporting to Chief Executive Robert Greifeld. Friedman, who left Nasdaq in 2011, was most recently chief financial officer of private equity firm Carlyle Group LP.
May 12- Nasdaq OMX Group Inc said Adena Friedman will rejoin the company as president of global corporate and information technology solutions, reporting to Chief Executive Robert Greifeld. Friedman, who left Nasdaq in 2011, was most recently chief financial officer of private equity firm Carlyle Group LP.
*Warehousing viewed as weak link in China supply chain. *More modern warehouses in Boston than China- consultancy. HONG KONG, May 12- Alibaba Group Holding Ltd's plans for a giant initial public offering in New York highlight vast potential for e-commerce in China- and the weak link the logistics industry must fix if explosive growth projections are to be reached.
SAN FRANCISCO, May 8- Apple Inc is close to paying a record $3.2 billion for Beats Electronics, two people with knowledge of the matter said, an expensive foray into music streaming and headphone gear that would mark a departure for the usually cash-conservative iPhone maker.
May 8- Apple Inc is close to buying headphone maker Beats Electronics for $3.2 billion, the Financial Times reported. The purchase of Beats, which also runs a streaming music service, would be Apple's largest ever acquisition, the newspaper reported.
MAY May 6- Merck& Co Inc agrees to sell its consumer care business to Germany's Bayer AG for $14.2 billion. May 2- Pfizer Inc raises its offer for AstraZeneca Plc to 63 billion pounds, but the British company promptly rejects the proposal, which would create the world's biggest pharmaceuticals company.
May 2- Shares of Ares Management LP, the first U.S. private equity firm to go public in about two years, fell as much as 5.3 percent in their trading debut on Friday, adding to the list of underperforming IPOs over the past month. The company's shares fell to a low of $18 in early trading on the New York Stock Exchange, $1.00 below their offer price.
May 1- Ares Management LP could raise only about half of what it had intended from its initial public offering as weak demand led the investment firm to cut the offering size and price units below its anticipated range.
April 30- Private equity firm Carlyle Group LP reported an 18 percent drop in quarterly profit on Wednesday as strength in its main business of corporate buyouts was offset by weaker performances in its credit and real-estate funds.
Wall Street has its eye on the Federal Reserve's meeting, but a slew of data is likely to have more influence on stocks Wednesday.
April 30- Private equity firm Carlyle Group LP reported an 18 percent fall in quarterly profit on Wednesday as asset sales slowed and compensation costs rose. ENI was 85 cents per adjusted unit after taxes, below the average analyst estimate of $1.01, according to Thomson Reuters I/B/E/S.
*First-qtr ENI $0.85 vs est $1.01/ unit. April 30- Private equity firm Carlyle Group LP reported an 18 percent fall in quarterly profit as compensation costs rose. Total assets under management rose to $198.9 billion from $176.3 billion a year earlier.
April 30- Private equity firm Carlyle Group LP reported an 18 percent fall in quarterly profit as compensation costs rose.
**U.S. drugmaker Pfizer said on April 28 that it had offered to buy Britain's AstraZeneca Plc in January for about $98.9 billion, or nearly 47 pounds per share.
The nominations are now cleared to go before the full Senate for final confirmation votes. A date for Senate consideration has not yet been set.
NEW YORK/ WASHINGTON, April 24- The Senate Banking Committee will vote next week on three nominees to the Federal Reserve's board, including Stanley Fischer for vice chairman, in a big step toward bulking up the U.S. central bank's depleted ranks. Treasury official Lael Brainard and current Fed Governor Jerome Powell, who has been nominated for another term.
April 22- Investment firm Ares Management LP said on Tuesday its initial public offering is expected to raise up to $419 million and that its chief executive and co-founder Anthony Ressler received $138.6 million in pay and dividends in 2013..
April 17- Chemicals maker DuPont expects its agriculture business to grow this quarter as farmers buy seeds and insecticides after a delayed start to planting season in North America, which hurt the company's revenue in the first quarter.
April 17- DuPont, which is making a big push into the agriculture market, reported a steeper-than-expected 3 percent fall in quarterly revenue as severe winter in North America delayed the planting of crops.