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Stock Market & Financial Investment News

News Breaks
February 1, 2013
16:18 EDTCG, DDDuPont completes sale of Performance Coatings business
DuPont (DD) announced that it has completed the sale of DuPont Performance Coatings for $4.9B in cash, about $4B after-tax, and the assumption of certain liabilities to global alternative asset manager The Carlyle Group (CG). DPC is a global supplier of vehicle and industrial coating systems. "We intend to use a portion of the proceeds from the sale of the DPC business to buy back $1B of the company's common stock during the first half of this year," said executive VP and CFO Nicholas Fanandakis.
News For DD;CG From The Last 14 Days
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November 24, 2014
18:16 EDTCGCarlyle Group looks to raise $5B for long life fund, Bloomberg says
Carlyle Group is looking to raise as much as $5B for a fund that can hold stakes in companies for up to 20 years, Bloomberg reports. Reference Link
November 19, 2014
07:37 EDTCGCitigroup to hold a conference
Global Financial Conference is being held in Singapore on November 19-20.
November 17, 2014
08:44 EDTDDDuPont management to meet with UBS
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November 16, 2014
19:26 EDTDDDuPont probed on Texas chemical plant accident that left four dead, WSJ says
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November 13, 2014
17:00 EDTDDTrian Fund Management gives quarterly update on stakes
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November 12, 2014
13:54 EDTCGCarlyle Group interested in Serco units for sale, Sky News reports
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07:28 EDTCGBofA/Merrill to hold a conference
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