Stock Market & Financial Investment News

News Breaks March 5, 2013 06:15 EDT HD, CG HD Supply targeted for IPO, Reuters reports Private equity owners are preparing to take HD Supply public, some six years after buying the industrial distribution company out of Home Depot Inc (HD) for $8.5B, sources say, reports Reuters. Bain Capital, Carlyle Group (CG) and Clayton, Dubilier & Rice, the buyout firms who jointly led the deal in 2007, plan to interview investment banks next week to select underwriters for the proposed IPO, the sources added. Reference Link News For HD;CG From The Last 14 Days Check below for free stories on HD;CG the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. June 18, 2013 07:35 EDT HD Cree LED bulbs still most popular at Home Depot, says Susquehanna Subscribe for More Information June 17, 2013 19:54 EDT CG Carlyle Group COO buys $4M in secondary, Barron's says Subscribe for More Information June 14, 2013 10:39 EDT CG Firms looking to take HD Supply public at lower valuation, NY Times says Subscribe for More Information 07:02 EDT CG Carlyle, AlpInvest to manage $155M fund for INPRS The Carlyle Group announced that the Indiana Public Retirement System, INPRS, has selected Carlyle and AlpInvest Partners to manage an existing $155M fund, Indiana Investment Fund I, a 2006-vintage vehicle that from inception was managed by a third party. In December 2012, INPRS selected Carlyle and AlpInvest to deploy and manage a new $150M investment fund, Indiana Investment Fund II, which will invest in a diversified, high-quality portfolio of Indiana-based direct investments, co-investments and fund commitments. Carlyle and AlpInvest now manage $305M for INPRS’ Indiana Programs. June 13, 2013 09:19 EDT CG Carlyle Group COO Youngkin discloses 150K share purchase Subscribe for More Information June 11, 2013 05:46 EDT CG Market for high-priced skyscrapers grows, WSJ reports Subscribe for More Information June 7, 2013 05:51 EDT HD Stocks with implied volatility movement; NBG HD Subscribe for More Information June 6, 2013 08:43 EDT CG Carlyle Group volatility increases as shares trade at 18-week lows Carlyle Group overall option implied volatility of 34 is above its 26-week average of 31 according to Track Data, suggesting larger price movement. 07:20 EDT HD Goldman to host a conference 4th Annual dotCommerce Day is being held in New York on June 6 with webcasted company presentations to begin at 9 am; not all company presentations may be webcasted. Webcast Link 06:13 EDT HD Kelso hires Barclays to sell Custom Building Products, Reuters reports Kelso & Company hired Barclays (BCS) to find a buyer for Custom Building Products, which makes supplies for home furnishings and construction and has Home Depot (HD) as a primary retail partner, sources say, reports Reuters. Reference Link 06:04 EDT CG Carlyle Group 11.1M share Secondary priced at $27.00 Citigroup, Credit Suisse and JPMorgan acted as joint book running managers for the offering. June 5, 2013 10:07 EDT CG On The Fly: Analyst Initiation Summary Today's noteworthy initiations include: Audience (ADNC) initiated with a Hold at Benchmark Co.... Bank of Ireland (IRE) initiated with an Underweight at HSBC... Ellie Mae (ELLI) initiated with an Outperform at FBR Capital... Haemonetics (HAE) initiated with an Outperform at William Blair... Jive Software (JIVE) initiated with a Buy at Janney Capital... Northern Tier (NTI) initiated with a Buy at Citigroup... Workday (WDAY) initiated with a Market Perform at FBR Capital... Carlyle Group (CG) initiated with a Buy at Sandler O'Neill... XL Group (XL) initiated with a Neutral at Nomura... Travelers (TRV) initiated with a Neutral at Nomura... Marsh & McLennan (MMC) initiated with a Neutral at Nomura... Aon plc (AON) initiated with a Neutral at Nomura... Allstate (ALL) initiated with a Neutral at Nomura... AIG (AIG) initiated with a Neutral at Nomura... ACE Ltd. (ACE) initiated with a Buy at Nomura... Progressive (PGR) initiated with a Reduce at Nomura... First Solar (FSLR) coverage assumed with a Sell at Maxim... Jive Software (JIVE) reinstated with a Neutral at Credit Suisse... Standard Pacific (SPF) initiated with a Buy at BofA/Merrill... Axiall (AXLL) initiated with a Buy at BofA/Merrill. 09:03 EDT CG Carlyle Group initiated with a Buy at Sandler O'Neill Target $36. Sign up for a free trial to see the rest of the stories you've been missing.