According to Reuters, Paulson says that China is picking up the pace of the yuan rise. Reuters writesThe Asian Development Bank cut growth rates for countries in Asia including China Reuters reports…
SLM (SLM) Buy-out is dead and company revises numbers down for 2008. Down to $27.63 from 52-week high of $58. Office Depot (ODP) Soft guidance. Falls to $14.68 from 52-week high of…
According to Reuters, Citigroup (C) and other large banksare planning to create a roughly $80 billion fund to buy ailing mortgage securities and other assets. Reuters writes that Medtronic (MDT) is suspending…
"Judges traditionally have been skeptical of buyers’ efforts to walk away from acquisitions by arguing that economic or regulatory conditions have changed so much that deals should be terminated, several lawyers who…
There are still a lot of private equity deals to be closed. They were announced before the current credit disaster. And, many of them are not going to get broken off the…
Douglas A. McIntyre It did not take Sallie Mae (SLM) long to sue the private equity firms that planned to buy it, and the banks that were to fund the deal. The lead investor was…
According to Reuters, Sallie Mae (SLM) sued the buyers who walked away from a deal to buy the company. Reuters writes that Yahoo! (YHOO) will buy 10% of Alibaba, the Chinese e-commerce…
The FT ran a piece in which research firm Sanford Bernstein is quoted as saying that loses at Bank of American (BAC) and JP Morgan (JPM) will be just as bad, if…
When JC Flowers waked away from its $60 bid for Sallie Mae (SLM) and then returned with a lower bid, Wall St. questioned whether the company’s board had any recourse. Take the…
Douglas A. McIntyre According to Reuters, Verizon (VZ) is launching three new phones for the holidays, One will compete directly with the Apple (AAPL) iPhone. Reuters writes that Microsoft (MSFT) is releasing a new version…
According to Retuers, BA (BAB) ordered $8.2 billion in planes from Airbus and Boeing (BA) . Reuters writes that Marriott (MAR) plans to quadruple its hotels in China. Reuters reports that first…
SLM Corp. (NYSE:SLM), or Sallie Mae, has announced that it has been informed by a representative of the buyer group led by J. C. Flowers, Bank of America (NYSE:BAC) and JPMorgan Chase…
Now that Goldman Sachs (GS) and KKR have walked away from Harman (HAR), the question is which private equity deal will fail next. Here is a short list of the deals that…
Private equity firms J. C. Flowers & Company and Friedman Fleischer & Lowe were going to buy Sallie Mae, the student loan organization, for $25 billion. When credit problems started to hit…
According to Reuters, Nasdaq (NDAQ) and Borse Dubai will team up and buy the Swedish OMX. Reuters writes that Sony (SNE) will delay the launch of its Home online community of PS3,…
