Some of the names on the move ahead of the open.» Read More
*Blackstone seeks to buy 37 pct in TFCC, its 1st Taiwan foray. TAIPEI, Oct 28- Taipei Financial Center Corp, which operates skyscraper Taipei 101, said it has allowed Blackstone Group to examine its financial books ahead of a potential stake purchase in it by the U.S. private equity firm. The decision, which came after TFCC's board meeting on Wednesday, paves the way...
Blackstone is in talks to buy a nearly 38 percent stake in Taipei 101 tower's operator, in a deal that could be worth up to $700 million.
The Weather Company is currently owned by private equity firms Blackstone Group LP and Bain Capital, and Comcast Corp's NBC Universal, which bought the firm in 2008 for about $3.5 billion. The Weather Company and Bain Capital declined to comment, while IBM could not be reached immediately for comment. IBM and the Weather company, through its...
Aberdeen Asset Management has sounded out potential buyers for the group as the emerging markets slump hits profits, the FT reports.
Blackstone's Tony James says China is not heading for a hard landing.
More than 760 CEOS have given to Clinton's campaign, about as many as for Bush, Rubio and Cruz combined, according to a Big Crunch analysis.
Some of the names on the move ahead of the open.
U.S. stock futures were lower this morning, due in part to a disappointing earnings report from Dow stock IBM.
Blackstone is nearing a deal to acquire Manhattan's Stuyvesant Town-Peter Cooper Village apartment complex for around $5.3 billion.
Oct 19- Blackstone Group LP is nearing a deal to acquire Manhattan's Stuyvesant Town-Peter Cooper Village apartment complex for around $5.3 billion, according to a person familiar with the matter who was not authorized to discuss it publicly. Stuyvesant Town, a sprawling complex of 56 high-rise brick buildings with a private park on 80 acres on Manhattan's...
Oct 19- Blackstone Group LP is nearing a deal to acquire Manhattan's Stuyvesant Town-Peter Cooper Village apartment complex for around $5.3 billion, according to a person familiar with the matter who was not authorized to discuss it publicly.
The owners of the Weather Channel are in advanced talks with IBM about the sale of its digital assets, according to sources close to the situation.
U.S. payment processing company First Data Corp, controlled by private equity firm KKR& Co LP, raised $2.56 billion in its stock market debut, a steep drop from the $3.7 billion originally targeted. Cerberus Capital Management LP, the private equity firm that controls supermarket operator Albertsons Companies Inc, decided it would be better to wait.
U.S. stocks closed more than 1 percent higher as financial stocks rallied and mostly soft economic data supported the case for a rate hike delay.
U.S. stock index futures indicated a higher open, following global stocks higher on hopes that recent softness in data will push out a rate hike.
Oct 15- Blackstone Group LP, the world's largest alternative asset manager, reported its first quarterly economic net loss in four years on Thursday, as the stock market plunge weighed on the value of its portfolio, even as it generated more cash. Blackstone said economic net income, which takes into account the mark-to-market valuation of its portfolio, was a...
Oct 15- Blackstone Group LP, the world's largest alternative asset manager, reported a third-quarter economic net loss on Thursday as the stock market plunge weighed on the value of its portfolio, though it generated more cash through asset sales. Blackstone said economic net income, a metric of its profitability that takes into account the mark-to-market...
Earnings season has started off with some weak corporate commentaries, despite the fact that most companies so far are beating on the bottom line.
As third-quarter earnings season gets underway next week, traders are bracing for more volatility in a range-bound market.
EMC is preparing to unveil an agreement to be acquired by Dell as early as Monday but also planning to seek out other suitors, according to sources.