Mega investment firm Blackstone Group announced a new partnership to identify and to develop North American renewable power projects.» Read More
Time to sort through the Fast Money in-box and answer more of your questions. William writes, “Will other major banks cut their dividend like Citigroup did?”
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In a special Sell Block, Cramer revisits the worst performers of the subprime mortgage crisis. His new takes may surprise you.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Buying a home is the American dream. But behind that dream lie complicated financial relationships. And one of the key players in this game -- bond insurers -- could turn the crack in the housing market into a crater.
Stocks jumped again Thursday in a volatile session as investors found renewed confidence after a report that Bank of America is close to buying struggling mortgage lender Countrywide. Here’s the word on the Street.
Private equity firm Blackstone Group said Thursday it would acquire GSO Capital Partners, a hedge fund firm that sold a stake to Merrill Lynch last May, and also announced a $500 million stock buyback plan.
Goldman Sachs, the U.S. investment bank advising the British government on the future of Northern Rock, is seeking to widen the range of options open to the government in its bid to rescue the stricken bank.
Silver Lake, the largest technology-focused private equity firm, has reached a deal to sell a 9.9 percent stake to the California Public Employees’ Retirement System for about $275 million, according to people briefed on the deal.
A Hong Kong-based unit of China's State Administration of Foreign Exchange (SAFE) has bought small stakes in three Australian banks, the Financial Times reported on Friday.
The surging economies of China and India combined with violence in Nigeria pushed crude over $100 a barrel on Wednesday. What’s the word on the Street?
Mortgage and vehicle fleet company PHH said on Tuesday it terminated its nearly $2 billion sale to General Electric and Blackstone, after the private equity firm failed to obtain required financing for the deal.
U.S. hotel heiress Paris Hilton's potential inheritance dramatically diminished after her grandfather Barron Hilton announced plans on Wednesday to donate 97 percent of his $2.3 billion fortune to charity.
Lehman Bros.' fourth-quarter earnings report, producer price inflation data and November retail sales will be factors setting direction for Thursday's markets.
Rio Tinto challenged BHP Billiton on Tuesday to make a formal bid to create a mega-mining house or walk away from what could be the second biggest takeover ever.
Private equity firm Blackstone Group on Monday denied speculation that it is planning a counterbid for Rio Tinto with a consortium believed to include China's sovereign wealth fund.
European stocks closed higher Monday after quite firm U.S. housing data, a day before a Federal Reserve meeting to decide on interest rates.
Ailing British bank Northern Rock said Chief Executive Adam Applegarth had quit and it had streamlined its board as two suitors confirmed they had made proposals to buy or revive the bank and repay its loans.
Prospective bidders are due to submit their final proposals Friday for mortgage lender Northern Rock, Britain's biggest casualty of the global credit crisis.
The guys who run these companies are smart. But the investors who own these stocks? Not so much.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.