When Delta Air Lines Co. (NYSE: DAL) agreed to buy an oil refinery from Phillips 66 (NYSE: PSX), the transaction underscored a shift that has been taking place in refinery ownership. Pure…
Private equity’s newest public company is none other than the giant Carlyle Group LP (NASDAQ: CG). Now that 40 calendar days have passed those analysts who work at the underwriting firms are…
Jon C. Ogg Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. Apple Inc. (NASDAQ: AAPL) Reiterated as Outperform with $675 price target at…
In December 2011, before the spin-off of Phillips 66 (NYSE: PSX) from ConocoPhillips (NYSE: COP), Conoco was believed to be trying to sell its 247,000 barrel/day Belle Chase, Louisiana, refinery for $700…
We had two rather large secondary offerings today where private equity firms are unloading stock. The tally was about $3.4 billion that the market had to absorb in new shares as Kinder…
Carlyle Group (NASDAQ: CG) is originally being viewed as a mixed debut for an initial public offering. The market remains a bit cautious when it comes to investing into private equity outfits…
Carlyle is already one of the top and largest private equity firms in the world. Now it is set to be valued somewhere around $7.6 billion if its pricing goes off around…
Jon C. Ogg The Carlyle Group L.P. is still planning to come public via an initial public offering. The move will make one more private equity group public. If you have tracked the trends of…
Jon C. Ogg The Carlyle Group L.P. is still planning to be one of the top private equity initial public offerings of 2012. We even named it as one of the Top 17 IPOs to…
After the close of trading today, Standard & Poor’s announced that it is booting Ambac Financial Group Inc. (NYSE: ABK) out of the S&P 500 Index. The company’s size has gotten too…
Douglas A. McIntyre Loews Corporation (NYSE:LTR) has approved a plan to spin off its entire ownership interest in Lorillard, Inc. to holders of its Carolina Group (NYSE: CG) stock and Loews common stock in a…
Douglas A. McIntyre Last Friday, we wrote about defensive stock havens for a crummy stock market. We also warned that in true market selling extremes there is no such thing as a true haven, and…
