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Stock Market & Financial Investment News

News Breaks
March 1, 2013
09:06 EDTFMCN, CGFocus Media gets only 23% of needed commitments for LBO loan, China Daily says
Focus Media (FMCN) received commitments in syndication for 23% of the loan required to finance its planned leveraged buyout, according to China Daily, citing people familiar with the matter. The buyers, led by Carlyle Group (CG), have extended the period for finding additional investors, the report said. Reference Link
News For FMCN;CG From The Last 14 Days
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May 23, 2013
16:48 EDTFMCNFocus Media completes merger with Giovanna
Focus Media announced the completion of its merger with Giovanna Acquisition, a wholly-owned subsidiary of Giovanna.
May 20, 2013
07:50 EDTCGGulf wealth funds raise private equity investments, Reuters reports
Sovereign wealth funds in the Gulf Arab region are increasing their allocations to private equity investments at a faster rate than other types of investment, U.S. fund manager Invesco said in a new study, reports Reuters. Large sovereign funds have been looking for alternative investments to give better returns than low-yielding staples such as U.S. Treasuries.Reference Link
May 15, 2013
07:11 EDTCGSome buyout firms move beyond buyouts, WSJ reports
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06:08 EDTCGOn the Fly: Periodicals Wrap-Up
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May 14, 2013
12:47 EDTFMCNOptions with increasing implied volatility: FMCN FIO SVU BKS
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May 13, 2013
10:09 EDTCGOn The Fly: Analyst Downgrade Summary
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06:44 EDTCGCarlyle Group downgraded to Neutral from Buy at UBS
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