KKR reported its second loss in quarterly earnings in less than a year as volatile financial markets dragged on the value of its investments. » Read More
John Rogers Jr., chairman of Ariel Investments, bought shares of a provider of aerial transportation services for CNBC Pro's Platinum Portfolio.
NEW YORK, Dec 9- Activist hedge funds, once trusted allies to private equity firms in their pursuit of companies, are emerging as their rivals. "They're going to be converging on each other's turf," said Tyson McCabe, senior director for Nasdaq OMX advisory services, which provides shareholder analysis for companies trading on the exchange. Activist firms such as...
WILMINGTON, Del., Dec 3- A U.S. judge said on Thursday he would approve Energy Future Holdings Corp's plan of reorganization, clearing a major hurdle toward ending the contentious bankruptcy for Texas's biggest power company. Bankruptcy Judge Christopher Sontchi spent nearly two hours reading a pair of rulings that confirm the plan, the product of more than 18...
WILMINGTON, Del., Dec 2- The U.S. judge overseeing the Energy Future Holdings Corp bankruptcy will announce on Thursday morning whether he will approve a Chapter 11 exit plan for the company, Texas's biggest power company, the judge said on Wednesday. Bankruptcy Judge Christopher Sontchi at the end of five hours of closing arguments. Trustee, a bankruptcy watchdog...
Dealmaking in America's oil patch has slowed to a trickle, while organized restructurings have ticked up among drillers.
Buyout firms KKR, Thoma Bravo, and Vista Equity Partners Management are competing for Dell's assets, people familiar with the matter said.
Dec 1- Buyout firms KKR& Co LP, Thoma Bravo LLC and Vista Equity Partners Management LLC are competing for $4 billion worth of Dell Inc's assets, people familiar with the matter said, as the computer maker steps up asset sales. Divesting these assets would help Dell bolster its balance sheet after it agreed in October to buy data storage company EMC Corp for $67...
WILMINGTON, Del, Dec 1- When Samson Resources Corp filed this year's biggest energy-related bankruptcy in September, the oil and gas company said it had a deal to emerge from Chapter 11 protection by year-end. In the past 16 months, the price of oil has sunk to around $40 per barrel from about $100, ending years of elevated crude prices that fueled oil companies'...
Jim Cramer gives his opinion on various caller favorite stocks, including this hated biotech play.
China International Capital Corp got off to a strong start, as its HKEx debut coincided with Beijing's decision to lift a four-month IPO ban.
Expectations are low that the Fed will provide any new policy insight next week, and focus should stay on economic reports and a flood of earnings.
Shares of First Data closed about 1.5 percent lower on Thursday in the payment processing company's Wall Street debut.
Usually, it's just an IPO or two—maybe a few—that goes bust. But right now it's the entire IPO market in free fall.
The company behind Cafe Coffee Day, India's biggest coffee chain, will launch an IPO next week, aiming to raise up to $176M.
Net capital flows for emerging markets this year will be negative for the first time since 1988, according to the Institute of International Finance.
Asian equities kicked off the fourth quarter on a positive note, as an overnight rally on Wall Street spurred risk appetite.
Jim Cramer gives his opinion on caller favorite stocks, including this stock that was recently taken to the woodshed.
Some of the names on the move ahead of the open.
Here's what investors should do if the Federal Reserve raises interest rates, three experts said Friday.
Private equity firm MBK Partners and Singapore state investor Temasek Holdings are bidding for Tesco's South Korea arm.