Some of the names on the move ahead of the open.» Read More
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.
Fund manager BlackRock expects the global credit crisis to last another two to four years as a weakening U.S. economy triggers more write-down by banks, its chief investment officer for equities said on Monday.
Stocks closed higher, led by technology shares, ending the a holiday-shortened week in the positive.
Stocks moved higher on positive earnings in technology and a report that inflation appeared to be moderating.
Stocks were set for a positive open, as Dell boosted tech futures and the market awaited numers that would help clear up the inflation picture.
A consortium including NBC Universal and Blackstone Group bidding for the Weather Channel is offering about $1.8 billion in equity for their bid, or roughly half the total offer, a source familiar with the matter said.
In Tuesday’s Web Extra find out how to play the steep decline in home prices. Also could this be a summer of private equity deal making?
Private equity firms Apollo Management and Blackstone Group are weighing the purchase of chemicals company Chemtura, but discussions are at an early stage, a source familiar with the situation said Tuesday.