Stock Market & Financial Investment News

News Breaks November 29, 2012 07:20 EDT TRLG, CG True Religion circled by suitors, including director Bottoli, NY Post reports True Religion (TRLG) is being circled by potential suitors, including director Marcello Bottoli, which is backed by Advent International in a move to take the denim label private, the New York Post reports, citing sources. The company accepted first-round bids this week, and sources say Carlyle Group (CG), Apax Partners and Leonard Green & Partners were also interested. Reference Link News For TRLG;CG From The Last 14 Days Check below for free stories on TRLG;CG the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 20, 2013 07:50 EDT CG Gulf 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 EDT CG Some buyout firms move beyond buyouts, WSJ reports Subscribe for More Information 06:08 EDT CG On the Fly: Periodicals Wrap-Up Subscribe for More Information May 14, 2013 13:00 EDT TRLG True Religion downgraded to Neutral from Strong Buy at Tigress Financial Subscribe for More Information May 13, 2013 10:09 EDT TRLG, CG On The Fly: Analyst Downgrade Summary Subscribe for More Information 07:09 EDT TRLG True Religion downgraded to Hold from Buy at Benchmark Co. Subscribe for More Information 06:44 EDT CG Carlyle Group downgraded to Neutral from Buy at UBS Subscribe for More Information May 10, 2013 16:29 EDT TRLG On The Fly: Closing Wrap Subscribe for More Information 12:31 EDT TRLG On The Fly: Midday Wrap Subscribe for More Information 09:48 EDT TRLG True Religion to resume trade at 10:10 am ET Subscribe for More Information 09:41 EDT TRLG True Religion reports Q1 adjusted EPS 22c, consensus 34c Subscribe for More Information 09:40 EDT TRLG True Religion to be taken private by TowerBrook at $32 per share True Religion announced it has entered into a definitive merger agreement with an affiliate of funds managed by TowerBrook Capital Partners in a take-private transaction valued at approximately $835M. Under the terms of the merger agreement, TowerBrook will acquire all of the outstanding shares of True Religion common stock for $32.00 per share in cash. The merger is subject to approval from stockholders. The transaction is expected to close in Q3. Pursuant to the merger agreement, True Religion has suspended its regular quarterly dividend. 09:38 EDT TRLG True Religion to be acquired by TowerBrook for $32 per share Subscribe for More Information 05:53 EDT CG Carlyle Group bids on stake Rio Tinto Australian copper mine, Reuters reports The Carlyle Group (CG) submitted a bid for Rio Tinto's (RIO) 80% stake in the Northparkes copper mine in Australia, sources say, reports Reuters. Analysts have suggested Rio Tinto could receive up to $1B for the mine. Reference Link May 9, 2013 15:27 EDT TRLG Notable companies reporting before tomorrow's open Subscribe for More Information 06:35 EDT CG Carlyle Group reports Q1 adjusted EPS $1.02, consensus 94c Subscribe for More Information May 8, 2013 15:29 EDT CG Notable companies reporting before tomorrow's open Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.