Large asset managers are heralding infrastructure investing given crumbling pipes, ports and power plants--and broke governments.» Read More
Citigroup is seeking buyers for CitiFinancial, the largest consumer finance company in the US, in a deal that could raise hundreds of millions of dollars and mark a milestone in the bank’s efforts to break with its troubled past. The FT reports.
These investments—partnerships that own oil and gas pipelines and storage facilities—throw off great income for investors while providing equities-like liquidity.
American International Group said Wednesday it is selling an 80 percent stake in its consumer credit business, American General Finance, to hedge fund manager Fortress Investment Group as it continues to sell off assets to repay taxpayers.
Three years after the financial crisis caused it to shelve its initial public offering, shares of private equity firm Kohlberg Kravis Roberts will make their debut on the New York Stock Exchange Thursday.
A pair of well-known investor newsletters are advising followers to sell stocks and move into all-cash positions.
Many of the top hedge funds have had to readjust their investment strategies to reduce risk amid volatile global markets.
The hedge fund summit taking place in Las Vegas this week is an extensive and diverse mix of industry leaders, who are outlining new defensive action plans on how best to play the global markets.
With the Euro Zone crumbling under pressure of a debt crisis, Michael Novogratz, president of Fortress Investment Group, told CNBC his hedge fund is de-risking its position and moving toward the US to play the anti-growth trade.
With the melt-up continuing in the face of some serious headwinds, how should you trade this bull market that just won’t quit?
The show was just so jam packed with trades we needed more room. Get the latest plays on Red Hat, the return of M&A and Darden's impressive earnings!
The Whistler-Blackcombe resort, where the Alpine events such as snowboarding and ski-jumping are being held, could go into foreclosure this week, smack dab in the middle of the Olympics.
Regions Financial’s CEO is out. Find out who’s in.
This CEO is so distinguished that he has earned the honor twice.
IPOs hit the wall—did the Blackstone announcement put them over the edge? Another day, another indifferent reception to an IPO.
Dollar index breaking through to new lows as gold hits another high, most commodities also up 1 to 3 percent. Gold stocks up 2 to 3 percent pre-open.
BlackRock and Fortress were two of the biggest winners this week with shares climbing about 30% a piece. Is there more room to run?
With shares of some low-quality stocks exploding 90% or more in less than a week, is this a low-quality rally? And if so, what does that signal for the market?