LOS ANGELES, June 24, 2019 /PRNewswire/ -- Aurora Capital Partners ("Aurora"), a leading middle-market private equity firm, today announced the acquisition of Petroleum Service Corporation ("PSC" or the "Company"). PSC is the North American leader in product handling and site logistics...
Multi-asset chart of the month: How the US stock market's relationship with business confidence has gone awry. : Multi-asset chart of the month: How the US stock market's relationship with business confidence has gone awry. The chart that caught the eye of the Schroders Multi-Asset Investment team this month shows that the relationship between the ISM Manufacturing Purchasing Managers' Index (PMI) and the S&P 500 index has broken down. The PMI is based on a survey of purchasing managers from more than 300 manufacturing firms.
The book chain seemed headed for the shredding machine, but a hedge fund takeover gives it a fresh start, and is a tonic for the publishing industry. What to expect.
The funding accelerates Xanadu's progress toward the release of its photonic-based quantum cloud computing platform, which will include next generation consumer applications and products not available on competing platforms. TORONTO, June 24, 2019 /PRNewswire/ - Xanadu, the world leader...
The highly-publicised suspension of Neil Woodford's flagship LF Woodford Equity Income fund has significantly damaged the UK general public's relationship with investing, according to several investment professionals, who warned there will "clearly be ramifications" for the active management industry.
Trust buyers continuing to back Neil Woodford's investment process are eyeing Woodford Patient Capital's share price for an attractive entry point, following its severe decline in the aftermath of the gating of the firm's Equity Income fund.
More than two years after U.S. President Donald Trump first proposed a plan to revive the Israeli-Palestinian peace process, its first phase will be formally unveiled on Tuesday at an economic workshop in Bahrain.
The success of Hudson's Bay Co Executive Chairman Richard Baker's $1.3 billion bid to take the department store operator private hinges on whether an independent valuator will view the company more as a retailer and less as a real estate owner, corporate governance experts and analysts said.
PRAGUE, June 24, 2019 /PRNewswire/ -- CTP and a consortium of three banking groups agreed on underwriting package of EUR1.9 billion for CTP's Czech industrial portfolio, comprised of 200 buildings, covering 2.7 million m2 of premium industrial space. In the largest real estate transaction to date in Central and Eastern Europe, the 7-year loans provide for the refinancing of EUR1.6 billion of existing properties and extends EUR269 million in new financing for projects to be completed in the next 18 months.
Family office run by Rana Kapoor's three daughters is working with Nomura Holdings Inc. on a potential deal. : Banker Rana Kapoor's family is planning to sell a stake in their six-year-old mortgage finance company, people with knowledge of the matter said, as rising wariness in the credit market erodes growth prospects of shadow finance firms. The family office run by the three daughters of the Yes Bank Ltd. co-founder is working with Nomura Holdings Inc. on the potential deal, according to the people, who asked not to be identified as the information isn't public.