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Market News

Location American Market News for 9 May 2015

SEC Examining Blackstone Fee Practices

Wall Street Journal - 9 May 2015 17:20
Blackstone Group said the SEC has requested information about certain of its fee practices, including pre-2014 collection of large one-time fees when selling or taking public companies it controlled.
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Power Outages Mar South Africa's Economic Expansion

Wall Street Journal - 9 May 2015 03:39
Blackouts are threatening to drive South Africa's economy off a cliff, as power-hungry mines and factories lose output and foreign investors pull back.
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Charter Seeks Debt Package for a Run at Time Warner Cable

Wall Street Journal - 9 May 2015 17:58
Charter Communications Inc. is in early talks with banks to arrange a debt package of $25 billion to $30 billion, as it pursues a merger with fellow cable operator Time Warner Cable Inc., people familiar with the matter ...
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Gold weakens on low demand; silver gains on fresh buying Gold of 99.9 as well as 99.5% purity declined by Rs50 each to Rs27,250 and Rs27,100 per 10 gram respectively
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Chinese online-commerce giant Alibaba Group Holding Ltd.'s stake in U.S. Web retailer Zulily Inc. has reached 9.2 percent, as the former snapped up shares of the latter at rock-bottom prices last week. Alibaba finished a...
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Who Will Hire a Petroleum Engineer Now?

Wall Street Journal - 9 May 2015 04:05
The oil slump casts a cloud over the ranks of students who flooded into the industry.
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Gold Gains as Traders Sift Jobs Report

Wall Street Journal - 9 May 2015 03:34
Gold rose Friday after U.S. jobs data matched expectations for April, but steep revisions to March data sowed doubts about the labor market's health.
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The Week Ahead: Are These Key Markets Changing Direction? It was a pretty ugly weak for the stock market until Friday?s job report which stimulated some very heavy buying on Friday?s open. As I noted last week, the deterioration in the short-term technical outlook made the acti...
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An SUV, a Loan and a Lawsuit

Wall Street Journal - 9 May 2015 01:03
A New York woman went to a car dealership and walked out with more than she bargained for.
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TSG Explores Sale of Stake in Stumptown Coffee

Wall Street Journal - 9 May 2015 00:33
TSG Consumer Partners LLC is working with financial advisers on a potential sale of its majority stake in the Portland, Ore.-based coffee roaster and retailer.
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