The Blackstone Group paid a bounty last year for its billionaire CEO Stephen Schwarzman, making him stand out on Wall Street.» Read More
Cramer makes the call on viewers' favorite stocks.
After hours, CNBC learned that AIG has hired JP Morgan to advise on raising new capital...
China’s central bank is in a bind. It has been on a buying binge in the United States over the last seven years, snapping up roughly $1 trillion worth of Treasury bonds and mortgage-backed debt issued by Fannie Mae and Freddie Mac, the New York Times reported.
There is a new breed of funds moving into the clean technology sector – specialized hedge funds that have at least $750 million under management. And they bring a new play – long and short – on the notoriously volatile sector.
This content is only available online - you won't find these trades on TV.
Whether stocks add to Tuesday's heady gains or not will be determined in part by whether oil prices stay in a downtrend.
Jon Hilsenrath, money and investing editor at The Wall Street Journal, offered CNBC his weekly "Five for Five": the five stocks investors must watch this week.
The Dow tumbled on Monday as more credit and housing market turmoil battered financial shares.
Kohlberg Kravis Roberts's Amsterdam-listed fund jumped 27 percent during morning trading after the private equity group detailed plans for a public offering.
Kohlberg Kravis Roberts plans to brave the turbulent equity markets and list on the New York Stock Exchange this year.
British buy-to-let mortgage lender Paragon said it is in talks with potential buyers after receiving takeover approaches.
At age 82, Mr. Peterson yearns for the can-do spirit that helped politicians forged by the Depression era finance the GI bill, the interstate highway system, and the Marshall plan from the ashes of World War II.
For the week ending Friday, July 11, 2008, the U.S. markets finished in bear market territory with the Dow dipping below 11,000 during intraday for the first time in 2 years.
NBC Universal Chief Executive Jeff Zucker said on Thursday he was not looking to spin off or sell some of the company's assets.
The Dow fell more than 2 percent Wednesday, followed by similar declines in the S&P and Nasdaq. Here are the day's top five videos.
Private equity firm Blackstone plans to invest more than $1.57 billion in a project to build wind farms in the North Sea to generate electricity, people familiar with the matter said.
Lehman Brothers has fought off yet another spate of rumors about its condition, the latest being the investment bank was set for a fire sale similar to the one that hit Bear Stearns.
For the week ending Friday, June 20, 2008, the markets dropped on disappointing earnings results from the financial sector, and a continued spike in crude oil prices added to investors' concerns over inflation. The Dow closed below 12000 on Friday for the first time since Mid-March.
We are smack in the middle of earnings warnings season, and it has not been a pleasant experience. Yesterday, after several companies warned, we saw an expansion of new lows at the NYSE. Most large financials, most pharmaceuticals, airlines, and most autos are at or near multiyear lows.
The State Administration of Foreign Exchange, an arm of China's central bank, has agreed to invest more than $2.5 billion in the latest fund being set up by U.S. private equity firm TPG Capital, the Financial Times reported on Wednesday.