ThinkstockThe McGraw-Hill Companies Inc. (NYSE: MHP) reported fourth-quarter and full-year 2012 earnings before markets opened this morning. Quarterly adjusted diluted earnings per share (EPS) totaled $0.72 on $1.23 billion in revenues. In the…
Paul Ausick U.S. equity markets opened higher this morning boosted by higher-than-expected trade balances in China (more coverage here) and in the U.S. (more coverage here). In Europe the big news came later in…
U.S. equity markets opened flat this morning, largely due to a slew of data from Europe that essentially cancelled any good news with an equal dollop of bad. U.S. unemployment data came…
courtesy of MicrosoftIran’s oil exports rise sharply in December, despite sanctions. (Reuters) Deutsche Bank A.G. (NYSE: DB) has a large fourth-quarter loss as it rids its balance sheet of bad assets. (Reuters)…
courtesy of Hostess Brands Inc.A deal worth more than $400 million may be on the table as soon as tomorrow for Hostess Twinkies and other of the bankrupt Hostess Brands Inc.’s popular…
ThinkstockPrivate equity took a bit of a bruising on its image during the presidential election in 2012. This sector of the financial services market was basically portrayed as the modern-day robber barons with…
thinkstockEurozone and International Monetary Fund officials set a deal for Greece. (Reuters) Privacy groups ask Facebook Inc. (NASDAQ: FB) to change new privacy policies. (Reuters) Investors sue Hewlett-Packard Co. (NYSE: HPQ) over…
ThinkstockThe education division of The McGraw-Hill Companies Inc. (NYSE: MHP) has been sold to subsidiaries of Apollo Global Management LLC (NYSE: APO) for $2.5 billion the company announced this morning. The publishing…
Paul Ausick ThinkstockDiamond company Harry Winston Diamond Corp. (NYSE: HWD) has agreed to purchase the Ekati diamond mine from the Canadian subsidiary of BHP Billiton PLC (NYSE: BHP) for $500 million. BHP owns 80%…
ThinkstockApollo Global Management LLC (NYSE: APO) this morning said it swung to a third-quarter profit from a year-ago net loss as its total assets under management rose 69%. The company also announced…
Trey Thoelcke Shutterstock Inc. (NYSE: SSTK) and Realogy Holdings Corp. (NYSE: RLGY) have both debuted with strong openings on the day for each of the initial public offerings. In fact, both rose by double-digits at the…
The IPO market may have several winners that are up 50%, 100%, or more from their summer IPO prices, but the IPO game for Apollo Global Management, LLC (NYSE: APO) is not…
Best Buy Co. Inc. (NYSE: BBY) is still a buyout candidate. That is what Reuters has said in a report. Founder Richard Schulze and four named private equity firms have reportedly started…
Following a months-long auction process, E.I. du Pont de Nemours and Co. (NYSE: DD) has agreed to sell its performance coating unit (DPC) to the Carlyle Group (NASDAQ: CG) for $4.9 billion…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. Advanced Micro Devices. Inc. (NYSE: AMD) Maintained Neutral and cut target to…
