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Stock Market & Financial Investment News

News Breaks
January 24, 2014
06:04 EDTPACT, BXPactera acquires Innoveo Solutions, establishes office in Switzerland
Pactera (PACT) announced the acquisition of Innoveo Solutions, a Swiss based IT software product company, effective January 1. Innoveo is a fully owned entity of Pactera and will be renamed Pactera Switzerland AG in Q1, establishing an additional base for Pactera to serve a broad list of clients in the region. In October 2013, Pactera signed a definitive agreement under which the company will be acquired by a consortium led by funds managed or advised by US-headquartered private equity investment firm Blackstone (BX).
News For PACT;BX From The Last 14 Days
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October 21, 2014
08:33 EDTBXBlackstone, Solops management team announce partnership
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October 16, 2014
11:18 EDTBXBlackstone says firm uniquely positioned to benefit from market turmoil
CEO Schwarzman says public markets don't dictate realizations. Comment from Q3 earnings call.
07:10 EDTBXBlackstone reports Q3 ENI 66c, consensus 72c
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05:56 EDTBXStocks with implied volatility movement; BX VALE
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October 15, 2014
15:28 EDTBXNotable companies reporting before tomorrow's open
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06:21 EDTBXBlackstone, Fajr Capital, Mumtalakat acquire minority stake in GEMS
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October 14, 2014
07:25 EDTBXBlackstone October volatility elevated into Q3 and guidance
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October 10, 2014
08:28 EDTBXBlackstone to spin off financial advisory business
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08:26 EDTBXBlackstone to spin off financial advisory business
08:09 EDTBXBlackstone plans to spin off advisory business, Bloomberg reports
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October 8, 2014
08:34 EDTBXWindy Cove Energy receives up to $700M from Blackstone for U.S. oil assets
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October 7, 2014
18:11 EDTBXBlackstone to curb accelerated fee practice, WSJ says
According to a written exchange between the company and one of its fund investors, Blackstone Group will no longer retain additional consulting fees when selling or taking companies that it owns public, The Wall Street Journal reports. Reference Link

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