Obama's approval rating may have hit a new low, but he still attracted big money Democrats at a fundraiser in Manhattan.» Read More
La Quinta Holdings, a hotel chain backed by Blackstone Group LP, filed with U.S. regulators to raise up to $100 million in an IPO.
NEW YORK, Feb 7- Apollo Global Management LLC reported a 37 percent drop in fourth-quarter profit per share on Friday, failing to match its carried interest income from a year ago, yet the result beat most analysts' expectations on stronger fund values.
MUMBAI, Feb 7- The Indian Commodity Exchange is set to fold due to plummetting trading volume as a result of the government's failure to liberalise and investors retreat from futures markets after a major financial scandal at another exchange last year.
LONDON, Feb 5- Fast-growing trading house Mercuria, led by two former Goldman Sachs executives, has become the front-runner to buy the physical commodities unit of JPMorgan, one of the most powerful oil and metals desks on Wall Street, two sources told Reuters.
LONDON, Feb 5- Fast-growing trading house Mercuria, led by two former Goldman Sachs executives, emerged as the front-runner to buy the physical commodities unit of JPMorgan, one of the most powerful oil and metals desks on Wall Street, two sources told Reuters.
The U.S. Justice Department is investigating financial funds that may have violated anti-bribery laws in their dealings with Libya.
Federal investigators are examining Goldman Sachs Group Inc, Credit Suisse Group AG, JPMorgan Chase& Co, Societe Generale, private equity firm Blackstone Group and hedge fund Och-Ziff Capital Management Group LLC, the Journal said.
BOSTON, Jan 25- Michaels Companies Inc, the biggest U.S. arts and crafts retailer, said it is investigating a possible security breach on its payment card network and advised customers to check their financial statements for fraudulent activity.
CHICAGO/ LONDON, Jan 31- International companies are taking steps to mitigate the effects of the turmoil in emerging markets, including hedging foreign currency exposure more aggressively, reducing some investment plans, cutting costs, and raising prices frequently.
NEW YORK, Jan 30- Blackstone Group LP, TPG Capital LP and CVC Capital Partners Ltd are on a short list of buyout firms competing to acquire Gates Global Inc, in a deal expected to value the industrial company at $5 billion to $6 billion, according to people familiar with the matter.
*Q4 ENI up 130 percent to $1.54 billion. NEW YORK, Jan 30- Blackstone Group LP reported on Thursday that fourth-quarter profit surged 130 percent, capping a record earnings year and far exceeding analysts' expectations, with its real estate business behind much of the gains.
Some of Thursday's midday movers:
NEW YORK, Jan 30- Blackstone Group LP reported on Thursday that fourth-quarter profit surged 130 percent, capping a record earnings year and far exceeding analysts' expectations, due to strength in its real estate business.
TIGARD, Oregon, Jan 29- TPG Capital LP, a private equity firm that is behind some of the world's largest leveraged buyouts, said on Wednesday it was asking some of its key investors for up to $2 billion to spend on deals until it raises a new $10 billion flagship fund.
It's perfect for "Squawk Box": a who's who of corporate leaders, policymakers, Hollywood A-listers ... and our intrepid co-hosts.
The world looks improved from a year ago, says Steve Schwarzman, Blackstone Group chairman, CEO & co-founder, sharing his outlook on the year ahead. The U.S. looks like it has forward momentum, the emerging markets have probably hit bottom, and Europe ought to be creeping up a little, says Schwarzman.
CEOs from around the world have called for an overhaul of the international tax system, according to a new survey.
Singapore's GIC Pte Ltd is partnering a group of investors to buy $1.3 billion worth of Manhattan office space from Time Warner Inc..
*Time Warner to shift all corporate operations under one roof to save money. Jan 17- Singapore's GIC Pte Ltd is partnering a group of investors to buy $1.3 billion worth of Manhattan office space from Time Warner Inc, as the sovereign wealth fund steps up its purchases of real estate where it sees increasing value.
Jan 16- Johnson& Johnson said it would sell its ortho clinical diagnostics unit to private equity firm Carlyle Group for $4.15 billion, shedding a slow-growing business to focus on more lucrative products. J&J shares were up marginally at $95.01 in early trading on the New York Stock Exchange on Thursday.