American investors aren't panicked about the re-emergence of Ebola in Africa, at least in the long term.» Read More
NEW YORK, Aug 4- Private equity firm GTCR LLC is looking to sell home security company Protection 1 for more than $1.5 billion and has tapped Morgan Stanley to assist with the effort, according to people familiar with the matter. Another buyout firm, Blackstone Group LP, acquired home security company Vivint Inc for more than $2 billion in 2012..
*Dubai World proposes to make 1st big repayment early, delay 2nd. DUBAI, Aug 1- Economic recovery in Dubai is pushing both creditors and debtors to weigh new strategies in the $25 billion restructuring of state-owned Dubai World, one of the Middle East's largest ever debt deals.
*Q2 post-tax ENI of 73 cents/ share vs estimated 74 cents. July 30- Carlyle Group LP said on Wednesday its second-quarter earnings doubled from a year earlier as one of its European buyout funds started paying performance fees, highlighting the growth potential of its private equity business in Europe.
*Post-tax Q2 ENI per unit of 62 cents vs Street view of 65 cents. NEW YORK, July 24- Private equity firm KKR& Co LP said on Thursday that its second-quarter earnings more than tripled year-on-year, close to most analysts' expectations, as a string of lucrative asset sales led to its highest dividend on record.
*Post-tax Q2 ENI per unit of 62 cents vs Street view of 50 cents. KKR said post-tax economic net income per adjusted unit was 62 cents in the second quarter, up from 18 cents a year ago and higher than the 50 cents average forecast by analysts in a Thomson Reuters poll.
July 23- Momentum is building toward a deal that would make painful losses inevitable for investors holding about $20 billion in bonds issued by Puerto Rico's highway, water and electricity authorities even as some big U.S. mutual funds launch a legal battle to squelch a new law that authorizes a restructuring.
The "Fast Money" traders share their final trades of the day.
Some of Friday's midday movers:
July 18- Catalent Inc, controlled by Blackstone Group LP, said it expects its initial public offering to be priced between $19 and $22 per share, valuing the company at about $2.57 billion at the top end. The company's major customers include Pfizer Inc, Johnson& Johnson, GlaxoSmithKline Plc, Merck& Co Inc and Novartis AG.
July 18- Catalent Inc, controlled by Blackstone Group LP, said it expects its initial public offering to be priced between $19 and $22 per share, valuing the health technology company at about $2.57 billion at the top end. Catalent's IPO of 42.5 million shares is expected to raise about $935 million at the top end of the expected price range.
Treasurys rose as US equities declined on Thursday after reports surfaced that a Malaysian passenger plane had been shot down in Ukraine.
U.S. stock index futures traded lower on Thursday, after the announcement of fresh sanctions against Russia hurt global markets.
Some of the names on the move ahead of the open.
NEW YORK, July 16- KKR& Co LP's co-founders Henry Kravis and George Roberts have indicated they intend to stay at the buyout firm for at least five more years, but two men- Scott Nuttall and Joseph Bae- are emerging as front-runners to eventually succeed them.
Quarterly earnings growth and clues from companies' commentaries will tell whether there really will be a bounce back in growth in the second half.
July 11- Big Pharma companies are trying to offload low-growth, mature drug portfolios to firms such as Blackstone Group LP and TPG Capital LP which need to figure out how to carve them out, in one of private equity's greatest dealmaking challenges.
July 11- Silver Lake Partners LP has agreed to pay $29.5 million to settle a lawsuit that accused several large private equity firms of conspiring not to outbid each other on takeovers prior to the financial crisis.
Paramount has an estimated enterprise value of between $10 billion and $15 billion, including debt, the people said this week. Representatives for Paramount did not immediately return requests for comment.
Private equity firm Blackstone is ramping up its footprint in the hedge fund business, reports CNBC's Kate Kelly.
Rand Paul is cozying up to Wall Street to give the impression he is establishment enough to run strong in 2016, POLITICO's Ben White says.