The Dow Jones Industrial Average opens lower, erasing slight premarket gains after IBM said it would fall short of previous 2015 profit forecasts and reported weaker-than-expected third-quarter earnings.
U.S. stock futures are trading lower on Monday.
Almost every large activist hedge fund may get their 15-minutes of attention by the time Family Dollar’s takeover saga ends.
KKR, one of the inventors of modern-day private equity, is trying to move in a new direction by investing larger sums of its own money into buyout deals.
The recent tumble in equity, commodity and currency markets has created opportunities to buy stocks in companies that got caught up in the broad selloff.
Hedge fund Paulson & Co. is continuing to back Whiting Petroleum’s proposed all-stock acquisition of Kodiak Oil & Gas.
Citigroup has no plans to exit Russia, even as the financial services giant laid out a plan to sell its consumer banking businesses in 11 markets around the world.
It increasingly appears that mega-deals can be the final step in corporate turnarounds.
Blackstone said that the spinoff will help overcome potential conflicts of interest between its financial advisory work and its investments.
Carl Icahn said in a latest letter to Apple CEO Tim Cook the company's shares remain undervalued.