Markets lose early momentum amid a sell-side imbalance in stock for sales at the close. Fed's Richard Fisher's comments weigh too.» Read More
NEW YORK, Feb 27- General Electric Co is preparing to sell its energy unit that makes fuel dispensers in a deal that is expected to fetch more than $500 million, people familiar with the matter said on Thursday. Wayne was part of Dresser Inc, the energy infrastructure company that GE bought in 2010 for $3 billion.
NEW YORK/ LONDON, Feb 7- Swiss industrial conglomerate ABB Ltd is seeking to divest several units whose sale could raise more than $1 billion in total proceeds, according to people familiar with the matter, joining a list of large companies looking to shed non-core businesses.
NEW YORK, Feb 6- Carlyle Group LP has agreed to buy Illinois Tool Works Inc's industrial packaging unit for $3.2 billion, the private equity firm's latest acquisition of a large unit being carved out of conglomerates.
NEW YORK, Feb 6- nPrivate equity firm Carlyle Group LP is close to reaching an agreement to buy Illinois Tool Works Inc's industrial packaging unit for more than $3 billion, and could announce the deal as soon as Thursday, people familiar with the matter said.
NEW YORK, Feb 6- Illinois Tool Works Inc is nearing a deal to sell its industrial packaging unit for more than $3 billion, with buyout firms Carlyle Group LP and Onex Corp competing in the final stretch of the auction, people familiar with the matter said. It could not be learned, however, if Illinois Tool Works has granted exclusivity to either bidder.
*Tiffany& Co rises after results, JA Solar falls. NEW YORK, Nov 26- U.S. stock index futures were little changed on Tuesday, as investors looked ahead to upcoming economic data to see whether the recent equity rally has been justified.
Some of the names on the move ahead of the open.
*Coal companies could advance after Macquarie comments. NEW YORK, Nov 26- U.S. stock index futures were little changed on Tuesday, as investors looked ahead to upcoming economic data to see whether the recent equity rally has been justified. *Wall Street has soared this year, with major indexes hitting repeated all-time highs.
NEW YORK, Nov 25- At least six major private equity groups are competing to buy the industrial packaging segment of Illinois Tool Works Inc, in a deal that could fetch more than $3 billion, according to people familiar with the matter.
Corporate America's third quarter report card is not great, but it's good enough to keep stocks moving higher.
It looks like the market is stalling, said Cramer. What, if anything, can drive it higher?
While there is not yet a "Great Rotation" out of bonds and into stocks, there is certainly a 'mini-rotation.' But into...what?
Dozens of company earnings are due on Tuesday, including Dupont, UPS, Lockheed Martin and AT&T, but none are as anticipated as Apple's.
The "Fast Money" traders share their final trades of the day.
Good day for earnings, big industrials leave full-year guidance unchanged.
The earnings train is about to leave the station, with reports due Tuesday from three Dow components, some transportation names and Apple.
Good news to see some cyclicals (Materials, Energy, Tech) trading up; not good to see all 20 Dow Transports down earlier in the day.
A spring swoon? Over the weekend, there was a lot of chatter about whether this was the start of a more serious market correction.
It's make-or-break time for the first-quarter earnings season, and it comes just as the stock market is showing signs of strain.
GLENVIEW, Ill.-- Illinois Tool Works Inc. said on Monday that CEO David Speer is taking a leave of absence because of health concerns, and it named Vice Chairman E. Scott Santi as acting CEO. Spokeswoman Alison Donnelly declined to provide any details about Speers' condition.