U.S. equity markets opened lower this morning as traders and investors tried to sort out their reactions to the re-election of President Obama. The initial reaction is that the U.S. economy is…
E.I. du Pont de Nemours & Co. (NYSE: DD) reported third-quarter 2012 results before markets opened this morning. The chemicals maker posted adjusted diluted earnings per share (EPS) of $0.44 on revenues…
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…
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…
Asset management firm The Carlyle Group (NASDAQ: CG) is purchasing Seattle-based Getty Images, Inc. for $3.3 billion, management for both groups announced Wednesday. Carlyle is buying Getty from Hellman & Friedman, a private equity firm focused…
Carlyle Group LP (NASDAQ: CG) and China PE funds may take Focus Media Holding Ltd. (NASDAQ: FMCN) private. (Reuters) The company that owns the Empire State Building expects earnings to double in…
China’s largest digital display advertiser, Focus Media Holding Ltd. (NASDAQ: FMCN), announced today that it had received a preliminary offer from a group including the company’s chairman and CEO to take the…
The drought raises more concerns about food inflation. (Reuters) The United States asks banks to set up further plans in the event that they collapse. (Reuters) The U.S. will not prosecute Goldman…
The Carlyle Group LP (NASDAQ: CG) is set to diversify its private equity business by purchasing TCW (Trust Company of the West) from Societe Generale. Whether this is a full buyout or…
Jon C. Ogg News Corp. (NASDAQ: NWS) takes a $2.85 billion write-down, mostly on its publishing properties, as it prepares to spin them off. (Reuters) Standard Chartered pushes back on allegations about money laundering, portraying…
The three major US stock indexes opened lower this morning following on softness in European markets and a mixed close in the Asian markets. There has been little data for investors to…
The three major US stock indexes opened higher this morning on a report from Europe that German chancellor Angela Merkel now backs bond buying by the European Central Bank.Even a larger-than-expected drop…
Carlyle (NASDAQ: CG) may buy a unit of United Technologies (NYSE: UTX). (Reuters) More factories move to the United States as China’s manufacturing costs rise. (Reuters) The CEOs of Apple (NASDAQ: AAPL)…
Railroad operator Genesee & Wyoming Inc. (NYSE: GWR) announced this morning that it would acquire RailAmerica Inc. (NYSE: RA) for $27.50 per share in an all-cash deal worth about $1.39 billion. Genesee…
The oldest refinery on the US East Coast will not be closing in August. The refinery’s owner, Sunoco Inc. (NYSE: SUN) today announced that it would form a joint venture with The…
