A bout of market volatility rattled traders’ nerves on Wednesday, but the Blackstone Group is looking for ways to profit on the turmoil.» Read More
British bank Northern Rock said it continues to work with a number of companies as part of its strategic review and has developed structures to allow it to seek interest from other parties.
Three of the biggest U.S. private equity firms have held preliminary talks about selling minority stakes to China's giant Social Security Fund, the Financial Times said on Tuesday.
Cramer makes the call on viewers' favorite stocks.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.
Mortgage lender Northern Rock confirmed Monday it is discussing options with several interested parties, but gave no details of the bidders or their proposals.
Troubled U.K. mortgage lender Northern Rock announced Tuesday a deal with British financial authorities to extend guarantees for retail deposits that will enable it to explore a possible sale through the beginning of next year.
European indexes finished in negative territory Monday as SAP's acquisition of Business Objects led the technology sector lower and basic-resource stocks dipped on falling commodity prices.
Goldman Sachs Group, which recently said it saw opportunities in the beaten-down mortgage industry, is in talks to buy the subprime servicing business of Credit-Based Asset Servicing and Securitization, people familiar with the situation said.
Britain's Cadbury Schweppes rejected a private equity bid for its North American drinks unit over the terms rather than price after it was asked to finance a third of the deal, industry sources said on Friday.
Following are the day's biggest winners and losers. Find out why shares of Blackstone (BX), eBay (EBAY) and General Motors (GM) popped while Countrywide Financial (CFC) and King Pharmaceuticals (KG) dropped.
Private equity giant KKR has reportedly made a concession to the banks financing its $26 billion buyout of First Data (FDC). Meanwhile, tougher lending terms amid the credit crunch, sent Blackstone (BX) to another low Monday. Is the party completely over for private equity?
Blackstone Group has agreed to buy 20 percent of chemical maker China National BlueStar (Group) Corp for up to $600 million, the private equity groups said on Monday, marking its first major investment in the fast-growing market.
The Nevada Environmental Commission Friday denied a request by environmental groups to delay approval of permits for three big coal-fired power plants, environmental groups and state officials said.
Five private equity investors including Blackstone and Singapore state investment firm Temasek are in talks with India's state-owned Life Insurance Corp (LIC) to buy a 15 percent stake in its proposed credit card venture, the Business Standard said on Sunday.
Blackstone Group plans to buy a 20 to 40% stake in chemicals company China National BlueStar (Group) for up to $500 million, marking its first major investment in the world's fastest-growing major economy.
The old adage on Wall Street is that corporate takeovers come roaring back from the sluggish summer months right after Labor Day. This time around that line of thinking may not hold up.
U.S. private equity investor Blackstone has agreed to pay up to $165 million to buy a majority stake in India's leading garment exporter, Gokaldas Exports, both companies have said.
American Standard, Dell, Southern Copper and more...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.
Kohlberg Kravis Roberts on Wednesday denied a report by the Times of London saying that the private equity firm has put its $1.25 billion initial public offering on hold.
U.S. stocks closed little-changed amid investor concerns that more credit troubles may be down the road. "I think there's still a lot of convincing to do to investors that things are going to work out fairly well," said Sam Stovall, chief investment strategist at Standard & Poor's.