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Atotech Prices Downsized IPO At $17, Carlyle Group Associates Offload Partial Stake
Thursday, February 4, 2021 - 11:27am | 188Atotech Limited (NYSE: ATC) has priced 29.268 million shares at $17 per share in its downsized initial public offering (IPO), downsized from the previous 34.146 million shares at $19 and $22 per share planned earlier. The shares are likely to begin trading on the NYSE...
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Delivering Alpha 2018: Everything You Need To Know
Thursday, July 19, 2018 - 8:48am | 700The Delivering Alpha 2018 conference took place Wednesday in New York, and this year’s event included a number of Wall Street heavy-hitters. Benzinga Pro reported live from Delivering Alpha all day long, and Benzinga Pro subscribers have followed all the action in real time using the keyword...
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McDonald's Sale Of Its China Market Said To Be Imminent, Beneficial To Margins
Thursday, December 15, 2016 - 12:45pm | 425The potential sale of McDonald's Corporation (NYSE: MCD)’s China market would likely result in a muted response to shares, according to a note from Wells Fargo analyst Jeff Farmer. However, the potential deal would boost margins significantly. McDonald's To Go The Way Of Yum? A Wall...
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McDonald's China Restaurant Sale Process: Have Investors Sold The Rumor?
Tuesday, August 23, 2016 - 10:02am | 502McDonald's Corporation (NYSE: MCD) has been looking to sell part or all of its operations in Asia to a strategic buyer who can bring local expertise and knowledge of the unique markets. McDonald's entered into discussions with private equity firms to buy 2,800 of its restaurants in North Asia on...
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CommScope Falls 5%, Company Says Major Shareholder Sold 20 Million Shares
Tuesday, May 3, 2016 - 10:30am | 139Shares of Commscope Holding Company Inc (NASDAQ: COMM) were trading lower by more than 5 percent Tuesday morning after the company announced that a major shareholder, an affiliate of the Carlyle Group, priced the sale of 20 million shares of its common stock. Related Link: JPMorgan Is Sticking With...
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Why Carlyle's David Rubenstein Thinks The US Can Expect A Recession In 1-3 Years
Monday, October 12, 2015 - 4:51pm | 329David Rubenstein, co-founder and co-CEO at The Carlyle Group, was an guest on Bloomberg TV's Bloomberg GO. The investor went into several issues including U.S. growth, the transformation going on in China and the unlikeliness of a 10 percent growth rate for its economy. He expects U....
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Warren Buffett Bullish On Axalta Coating Systems, Sells Out Of National-Oilwell Varco, Phillips 66
Friday, August 14, 2015 - 5:34pm | 595Just a few minutes ago, Warren Buffett’s Berkshire Hathaway filed its Form 13F for the second quarter of the year, disclosing its long equity positions as of June 30, 2015. Below is a look into the firm’s portfolio and some of its most interesting moves and positions. As is the norm...
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Susquehanna: Positive On Blackstone, Alternative Assets Becoming The 'New Active'
Tuesday, May 26, 2015 - 1:16pm | 1011On May 21, Susquehanna Research published a report initiating coverage on Blackstone Group LP (NYSE: BX), along with a thesis that alternative asset managers are fast becoming the new normal for investors seeking higher returns. Analyst Doug Sipkin's rationale is that, "It is getting harder for...
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5 Reasons Deutsche Bank Thinks This Data Center REIT Is Now A Buy
Friday, February 27, 2015 - 11:39am | 836On February 26, Deutsche Bank upgraded mega-data center landlord QTS Realty Trust Inc (NYSE: QTS) from Neutral to Buy, and raised its price target from $36 to $39, noting "strong growth ahead" after the QTS Q4 earnings call. Data Center REITs - Tale Of The Tape In addition to QTS...
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Market Wrap For June 16: M&A Frenzy Keep Indices In Positive Territory
Monday, June 16, 2014 - 4:33pm | 1781U.S. stocks closed the day slightly higher as a mergers and acquisition heavy trading session eased fears over escalating violence in Iraq. The New York Federal Reserve's Empire State index for June showed that business conditions in June rose from May. In fact, June's reading proved...
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Is Beats Electronics Worth $3.2 Billion? Some Analysts Aren't Convinced
Friday, May 9, 2014 - 12:01pm | 773Various media sources reported on Thursday that Apple (NASDAQ: AAPL) would be interested in acquiring Beats Electronics, the popular headphone maker and music streaming distributor, for $3.2 billion. Beats Electronics was founded by rapper and hip-hop producer-turned-businessman Dr. Dre and...
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The 3 Best Growth Plays In Financial Services
Sunday, April 6, 2014 - 6:10pm | 821A new research report this past week from Bernstein Research touted private equity firms Apollo Global Management (NYSE: APO), Blackstone Group (NYSE: BX) and Kohlberg Kravis Roberts (NYSE: KKR) as the best pure-play growth stocks in the financial services sector. The analysts see significant...
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Market Wrap For March 26: Markets Close Near Session Lows In Yet Another Volatile Trading Session
Wednesday, March 26, 2014 - 4:46pm | 2082U.S. stocks failed to rise in a choppy session which began the day in positive territory. Shares reversed and turned negative with technology stocks leading the way. The CBOE Volatility Index, also known as the "fear index" rose 3.9 percent to 14.57 despite economic data released today coming...
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New Additions To The Credit Suisse Top Picks List
Sunday, March 9, 2014 - 11:17am | 840This past week, Credit Suisse added Anadarko Petroleum (NYSE: APC), BankUnited (NYSE: BKU), Dow Chemical (NYSE: DOW) and Superior Energy Services (NYSE: SPN) to its Top Picks list. Like other financial services firms, Credit Suisse has a list of stocks in which its analysts have complete faith....
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Market Wrap For February 6: Stocks Higher With All Eyes On Friday's Jobs Report
Thursday, February 6, 2014 - 5:37pm | 3005U.S. stocks moved sharply higher today as investors and traders digested positive news about the job market. It is unclear if Thursday's momentum will be carried forward Friday with the release of the January employment survey. The Dow gained 1.22 percent, closing at 15,628.53. The S...