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…
thinkstockEver since that day in August when Knight Capital Group Inc. (NYSE: KCG) got slammed with a $460 million loss due to a nasty trading program error, investors have been waiting for…
thinkstockWith this being just after the election, you have to wonder about the timing even if it does make sense. Blackstone Group LP (NYSE: BX) announced on Wednesday that it is embarking…
Jon C. Ogg These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Friday. The Active Network Inc. (NYSE: ACTV) cut to Market Perform at Raymond James…
The European Union summit helps to lower bond yields for Spain and Italy. (Reuters) Google Inc.’s (NASDAQ: GOOG) shares drop badly after releases earnings early and it misses numbers. (Reuters) Microsoft Corp.…
Chemical maker TPC Group Inc. (NASDAQ: TPCG) in late August agreed to a buyout by private equity firms First Reserve Capital and SK Capital Partners at $40 a share. That valued the…
Paul Ausick Electronic health-records provider Allscripts Healthcare Solutions Inc. (NASDAQ: MDRX) said late last month that it would explore a sale of the company. Bloomberg is reporting this morning that private equity firms Blackstone…
The Blackstone Group LP (NYSE: BX) is going big into home automation, and we would note that there is a solar angle here as well. The private equity giant is paying a…
Knight Capital Group Inc. (NYSE: KCG) has decided to bring on three new board members for oversight now that it has been bailed out. Let’s just call this more adult supervision. The market…
There has been a lot of investment buying of foreclosed and distressed US houses, and one of the questions that always comes up is how an essentially local business can be managed…
Reports were out over the weekend that Knight Capital Group Inc. (NYSE: KCG) was raising some $400 million in bailout and survival capital. The company confirmed this in an SEC filing on…
For the second time this year, a start-up company has shelved a planned IPO. This time its Coskata Inc., an Illinois-based company that manufactures ethanol from any carbon-based material. In April, Canada’s Enerkem…
The three major US stock indexes opened higher this morning following the release of Chinese GDP and other data. The Middle Kingdom’s GDP grew at a rate of 7.6% in the second…
The three major US stock indexes opened lower this morning even though China’s central bank lowered interest rates (our coverage here), the Bank of England boosted its asset purchase program and the…
A consortium led by Sony Corp. (NYSE: SNE) has received US Federal Trade Commission approval to acquire the music publishing arm of EMI from Citigroup Inc. (NYSE: C). Citigroup acquired the business…
