Some of the names on the move ahead of the open.» Read More
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.
June 27- Shares of Michaels Cos Inc fell as much as 2.1 percent in their return to the market, valuing the biggest U.S. arts and crafts retailer at about $3.4 billion.
Michaels said it had raised about $472.6 million in its initial public offering after pricing shares at $17, the lower end of an expected range.
*Prices IPO at lower-end of the $17- $19 range. June 26- The Michaels Cos Inc's raised about $472.6 million in its initial public offering after pricing shares at $17, the lower end of an expected range, the New York Times reported on Thursday, citing two people briefed on the matter.
China Investment Corporation has been accused by China's top auditor of mismanagement, dereliction of duty and poor due diligence.
With AngelList, entrepreneurs wary of venture capital have a new way to transition their ideas all the way from start-up to stock offering.
June 16- Arts and crafts retailer Michaels Companies Inc said it expected to raise up to $528 million in its initial public offering. Michaels, which was taken private by Blackstone Group LP and Bain Capital LP for $6 billion in 2006, filed for an IPO of up to $500 million in March 2012.
June 12- Canada's Amaya Gaming Group Inc on Thursday said it will buy for $4.9 billion Rational Group, which owns and operates the world's biggest online poker company PokerStars. Deutsche Bank, Barclays and Macquarie Capital will provide $2.9 billion in credit facilities and other financing.