New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 22, 2014
06:42 EDTGS, BXBlackstone in discussions to back China-based fund, Bloomberg says
Blackstone (BX) is in discussions to possibly back Hong Kong-based distressed fund, Arkkan Capital Management, which was founded by the former global leader of Goldman Sachs' (GS) special situations division Jason Brown, according to Bloomberg, citing two people with knowledge of the matter. Reference Link
News For BX;GS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
July 1, 2015
12:19 EDTBXBlackstone, JPMorgan among giants interested in Worldpay, Sky News says
Subscribe for More Information
07:57 EDTGSU.S. banks not facing significant direct losses on Greek default, WSJ says
Subscribe for More Information
June 30, 2015
16:05 EDTBXBlackstone completes acquisition of Tiptree Financial subsidiary
Subscribe for More Information
13:59 EDTBXBlackstone intends to inject $84M into Jack Wolfskin, Bloomberg reports
Blackstone plans to inject $84M into Jack Wolfskin to alter the terms on its senior loans, Bloomberg reports, citing two people familiar with the matter. Reference Link
12:33 EDTGSGoldman Sachs charged by SEC for violating market access rule
Subscribe for More Information
08:58 EDTBXWendel to acquire AlliedBarton Security Services for roughly $1.67B
Subscribe for More Information
05:37 EDTBXBlackstone to sell AlliedBarton to Wendel SE for $1.67B
Blackstone announced that private equity funds it manages have agreed to sell AlliedBarton to Wendel SE for approximately $1.67B. The transaction is expected to close later this year, and is subject to customary regulatory approvals.
05:37 EDTBXBlackstone to sell AlliedBarton to Wendel SE for $1.67B
Subscribe for More Information
June 29, 2015
06:07 EDTBXBMW, Macquarie expected to bid for ANZ Banking unit, Reuters reports
According to a source familiar of the situation, BMW and Macquarie Group are among the companies expected to make a bid for Australia and New Zealand Banking Group's car and equipment loan book, Reuters reports. Additionally, buyout firms Carlyle (CG), Blackstone (BX) and TPG have requested information memorandums for the sale. The unit could fetch more than the $6.35B book value of the loans, the source says. Reference Link
June 28, 2015
16:42 EDTGSGoldman Sachs will look to other countries if Britain leaves EU, Reuters says
Subscribe for More Information
June 25, 2015
07:56 EDTGSMLB Advanced media considering IPO, NY Post reports
Subscribe for More Information
07:13 EDTGSFed director says full transparency in stress testing can be 'enormous weakness'
Subscribe for More Information
June 24, 2015
10:00 EDTGSOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Autoliv (ALV) downgraded to Sell from Neutral at Goldman... Catamaran (CTRX) downgraded to Neutral from Buy at UBS... Citi (C) downgraded to Hold from Buy at Deutsche Bank... Esperion (ESPR) downgraded to Neutral from Outperform at Credit Suisse... Fortinet (FTNT) downgraded to Neutral from Buy at Citi... General Motors (GM) downgraded to Neutral from Buy at Goldman... Goldman Sachs (GS) downgraded to Hold from Buy at Deutsche Bank... IBERIABANK (IBKC) downgraded to Neutral from Outperform at Baird... Independent Bank (INDB) downgraded to Underperform from Neutral at Baird... Inphi (IPHI) downgraded to Market Perform from Outperform at Northland... MoneyGram (MGI) downgraded to Neutral from Outperform at Macquarie... Sensata (ST) downgraded to Hold from Buy at Cross Research... Teradyne (TER) downgraded to Buy from Conviction Buy at Goldman... Alcobra (ADHD) downgraded to Hold from Speculative Buy at WBB Securities.
06:37 EDTGSDeutsche downgrades Citi, Goldman after share rallies
Deutsche Bank analyst Matt O'Connor recommends using the strong share performance of both Citi (C) and Goldman Sachs (GS) as on opportunity to take profits. The analyst this morning downgraded shares of both investment banks to Hold from Buy. Citi is up 21% from the lows on January 30 while Goldman is up 30% since July 1, 2014, the analyst points out. On Citi, O'Connor sees less near term upside with fixed income trading entering a seasonally weak period and core cost reductions largely over. On Goldman, the analyst sees a lack of catalysts to drive the stock meaningfully higher in the near term. His top picks among U.S. Banks are Bank of America (BAC), JPMorgan (JPM), M&T Bank (MTB) and SunTrust (STI).
06:27 EDTGSGoldman Sachs downgraded to Hold from Buy at Deutsche Bank
Subscribe for More Information
June 23, 2015
10:19 EDTBXReno shoe chain hires bankers to explore sale, Reuters reports
Subscribe for More Information
06:53 EDTGSPSAV prepares for IPO that could raise roughly $300M, Bloomberg says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use