2 min read · 28 October 2015
Alternative asset managers Carlyle Group LP (CG.O) and Apollo Global Management LLC (APO.N) followed peers on Wednesday in reporting that the third quarter's stock market plunge weighed on their earnings, even as they scored some key wins, Reuters reported.
2 min read · 28 October 2015
Federal regulators are looking to curb JPMorgan Chase & Co's ability to raise funds for clients like hedge funds by selling stocks or bonds privately to investors, the Wall Street Journal reported, sources told Reuters.
1 min read · 28 October 2015
Loss-making "ready to cook" meal delivery company HelloFresh is readying a Frankfurt stock market listing that looks to capitalize on its rapid global expansion, rising consumer demand for convenience and investor appetite for tech flotations.
2 min read · 28 October 2015
Two investing friends are parting ways with benefits. Ares Management, the private equity shop run by Drexel Burnham Lambert alum Tony Ressler, on Tuesday called off a $2.6 billion plan to merge with Kayne Anderson. The two couldn’t agree on how to tackle the energy sector, but nevertheless came up with a cozy solution that contrasts starkly with how some crisis-era leveraged buyouts collapsed, Reuters Breaking Views said.
2 min read · 28 October 2015
Snack food maker Snyder's-Lance Inc (LNCE.O) said it will buy Diamond Foods Inc (DMND.O) for about $1.27 billion to expand in the "better-for-you" foods category, which includes baked potato chips and fat-free popcorn, Reuters News reported.
2 min read · 28 October 2015
International Business Machines Corp (IBM.N) is nearing an agreement to buy the Weather Company's digital assets in a deal that could be announced as soon as this week, Reuters News reported.
1 min read · 28 October 2015
Twitter Inc gave a disappointing revenue forecast and reported slower user growth than expected, pushing shares of the microblogging company down about 13 percent, Reuters News reported.
3 min read · 28 October 2015
Drugstore chain Walgreens Boots Alliance Inc (WBA.O) said on Tuesday it would acquire smaller peer Rite Aid Corp (RAD.N) for $9.4 billion to widen its footprint in the United States and negotiate for lower drug costs, Reuters News reported.
3 min read · 28 October 2015
U.S. regulators are expected on Friday to adopt a rule that will open crowdfunding to all Americans by lifting a ban that allowed only the wealthy to invest in small business projects funded over the Internet, Reuters reported.
1 min read · 27 October 2015
