Private-equity firm The Gores Group may hit the brakes on its $15 a share buyout of Pep Boys—Manny Moe & Jack, as the auto parts and repair giant slipped to a loss in the fourth quarter of 2011, and reported weaker-than-forecast preliminary first quarter earnings on Tuesday.... Read More
Further increase in gasoline prices may force Americans to cut spending, and in turn may hurt consumer-related stocks, says a new report from Barclays Capital... Read More