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…
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%…
ThinkstockSuperValu Inc. (NYSE: SVU) was up nearly 20% last week, largely on buyout speculation. Buyout firm Cerberus Capital Management is the likely frontrunner to take over the third-largest U.S. supermarket chain. SuperValu…
The three major U.S. stock indexes opened flat this morning following a disappointing quarterly report from Apple Inc. (NASDAQ: AAPL) last night (more coverage here) which weighed on Asian tech stocks particularly.…
The three major U.S. stock indexes opened higher this morning following the report on new jobless claims, which rose by 369,000, less than the expected 375,000 (our coverage here). In Europe, GDP…
Discount retailer Dollar General Corp. (NYSE: DG) has announced that it will repurchase approximately $250 million of its shares currently held by Buck Holdings L.P. and initiate a secondary offering of 30…
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…
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…
The three major US stock indexes opened higher this morning following European Central Bank president Mario Draghi’s promise to “do whatever it takes to preserve the euro” (our coverage here). What he…
Eurozone officials set final terms for a bailout of Spain’s banks. (Reuters) Marissa Mayer will receive as much as $70 million to head Yahoo! (NASDAQ: YHOO). (Reuters) Banks hit by the Libor investigation may…
As of late last week we had many potentially imminent buyouts that could have hit the market. When we were just finishing the report draft on Friday is when the Amylin Pharmaceuticals,…
Huntsman Corporation (NYSE: HUN) is rumored to be back in play. If you will recall, this was the subject of a private equity buyout back during the private equity bubble and its $6.5…
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…
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…
