New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 6, 2014
07:18 EDTAPO, CG, ITWCarlyle beats Apollo in race for ITW unit, NY Post reports
According to the New York Post, Carlyle Group (CG) has won the auction to buy ITW’s (ITW) packaging business in a deal said to be worth more than $3B. Carlye is said to have beat out Apollo (APO) in the final round for the ITW unit. Reference Link
News For ITW;CG;APO From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 17, 2014
09:40 EDTAPO21st Century Fox, Apollo Global complete joint venture transaction
Subscribe for More Information
06:20 EDTAPOLeighton, certain Apollo funds to form 50:50 services investment partnership
Leighton Holdings announced it had entered a binding agreement with funds managed by affiliates of Apollo Global Management, LLC to form a 50:50 investment partnership comprising the merged operations and maintenance services businesses of: Thiess Services which includes: Communications, Energy Solutions, Asset and Infrastructure Services, and Environmental Services; and Leighton Contractors Services which includes: Visionstream and Infrastructure Services. The details of the transaction are: A price which represents an enterprise value for 100% of the assets of A$1.075B, subject to certain adjustments; Approximately A$700M in cash proceeds which will reduce Leighton Holdings’ gearing by around 10 percentage points. The partnership is subject to customary regulatory approvals including Foreign Investment Review Board and New Zealand Overseas Investment Office approval.
December 16, 2014
17:37 EDTCGCarlyle Group puts ITS Technologies & Logistics up for sale, WSJ says
Subscribe for More Information
09:59 EDTAPOOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
06:18 EDTAPOApollo Global upgraded to Buy from Neutral at Citigroup
Subscribe for More Information
December 15, 2014
10:00 EDTCG, APOOn The Fly: Analyst Initiation Summary
Subscribe for More Information
08:22 EDTAPOApollo Global initiated with an Underweight at Morgan Stanley
Subscribe for More Information
08:19 EDTCGCarlyle Group initiated with an Equal Weight at Morgan Stanley
Subscribe for More Information
December 14, 2014
15:23 EDTAPOApollo close to $8B leveraged buyout of PetSmart, Bloomberg says
Subscribe for More Information
December 12, 2014
08:09 EDTAPOBofA/Merrill financial analysts hold an analyst/industry conference call
Banks Analyst Najarian, along with Capital Markets Analyst Carrier, Specialty Finance Analyst Bruce discuss the year ahead in Financials, covering the Banks, Capital Markets, Life and P/C Insurance, REIT, Specialty Finance and Canadian Banks/Life Insurance sectors on an Analyst/Industry conference call to be held on December 16 at 10 am.
December 9, 2014
06:33 EDTCGCarlyle Group acquires majority stake in Newgen KnowledgeWorks for $32.8M
The Carlyle Group has invested $32.8M to acquire a 54.85% stake in Chennai, India-based Newgen KnowledgeWorks Private Limited, a provider of publishing and technical services for many of the world’s largest and most prestigious publishers, particularly in the USA, the UK and Europe. Equity for the transaction comes from First Carlyle Ventures III, an investment fund advised by The Carlyle Group. Carlyle acquired the stake held by Franklin Templeton Private Equity Strategy, Aureos South Asia Fund and ePlanet Capital in Newgen. Carlyle had earlier invested in Newgen in 2004 and exited its investment in 2011.
December 8, 2014
11:58 EDTAPOApollo Global to host investor day
Subscribe for More Information
10:00 EDTITWOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Antero Resources (AR) upgraded to Buy from Neutral at Citigroup... Apache (APA) upgraded to Buy from Neutral at Citigroup... Applied Materials (AMAT) upgraded to Buy from Hold at Deutsche Bank... Arch Capital (ACGL) upgraded to Outperform from Market Perform at BMO Capital... CU Bancorp (CUNB) upgraded to Buy from Hold at Sandler O'Neill... Calpine (CPN) upgraded to Outperform from Neutral at Macquarie... Commerzbank (CRZBY) upgraded to Market Perform from Underperform at Keefe Bruyette... EastGroup Properties (EGP) upgraded to Neutral from Underperform at Credit Suisse... Enbridge Energy Management (EEQ) upgraded to Equal Weight at Morgan Stanley... Enbridge Energy (EEP) upgraded to Equal Weight from Underweight at Morgan Stanley... GasLog (GLOG) upgraded to Buy from Hold at Stifel... Hoegh LNG (HMLP) upgraded to Buy from Neutral at UBS... Illinois Tool Works (ITW) upgraded to Buy from Accumulate at Global Hunter... LaSalle Hotel (LHO) upgraded at Morgan Stanley... Lufthansa (DLAKY) upgraded to Buy from Neutral at Nomura... NASDAQ (NDAQ) upgraded to Outperform from Market Perform at Keefe Bruyette... Newfield Exploration (NFX) upgraded to Buy from Neutral at Citigroup... Omega Healthcare (OHI) upgraded to Buy from Hold at Jefferies... Orange SA (ORAN) upgraded to Conviction Buy from Neutral at Goldman... SM Energy (SM) upgraded to Outperform from Market Perform at BMO Capital... Southwest (LUV) upgraded at Goldman... TSMC (TSM) upgraded to Buy from Neutral at BofA/Merrill... United Technologies (UTX) upgraded at Bernstein... eBay (EBAY) upgraded to Buy from Hold at Stifel.
07:56 EDTITWIllinois Tool Works price target raised to $110 from $95 at Stifel
Subscribe for More Information
07:07 EDTITWIllinois Tool Works upgraded to Buy from Accumulate at Global Hunter
Global Hunter upgraded Illinois Tool Works to Buy based on strong 2015 guidance, shareholder returns, and operating leverage. Price target raised to $111 from $92.
December 5, 2014
09:07 EDTITWIllinois Tool Works increases operating margin target to 23% by end 2017
Subscribe for More Information
08:51 EDTITWIllinois Tool Works sees FY5 EPS $5.15-$5.35, consensus $5.25
Sees FY15 revenue up 2.5%-3.5%.
08:50 EDTITWIllinois Tool Works backs FY14 EPS view of $4.57-$4.65, consensus $4.62
Subscribe for More Information
December 4, 2014
10:08 EDTCGOn The Fly: Analyst Initiation Summary
Subscribe for More Information
05:32 EDTCGCarlyle Group initiated with an Equal Weight at Barclays
Target $31.

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