Market News
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.
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.
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 ...
Gold weakens on low demand; silver gains on fresh buying
livemint.com - 9 May 2015 12:30
Gold of 99.9 as well as 99.5% purity declined by Rs50 each to Rs27,250 and Rs27,100 per 10 gram respectively
Alibaba Buys Discounted Shares Of Retailer Zulily, Holds 9.2% Stake
IBTimes - 9 May 2015 22:54
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...
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.
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.
The Week Ahead: Are These Key Markets Changing Direction?
Forbes - 9 May 2015 01:41
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...
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.
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.