Guy Hands, founder of buyout house Terra Firma, said IPOs of private equity-owned companies will be hard to achieve this year, returns will be lower and deal opportunities will be scarce.
Not all the derivative contracts American International Group Inc wrote on complex securities backed by now-toxic mortgages have ended up being a disaster.
Time Warner Cable Inc and Scripps Networks Interactive said on Wednesday they had reached multiyear deals for the second-largest U.S. cable operator to carry the Scripps-produced Food Network and Great American Country.
Investors looking to cash in on a U.S. retail comeback will need to be as selective as the shoppers who scoured stores and websites for the best deals this holiday season.
Iraq's cabinet has requested certain changes in proposed deals with foreign firms to develop nine oilfields, the government spokesman said on Tuesday.
General Motors Co emerged from a 40-day bankruptcy in July with a newfound zeal that things at the top U.S. automaker would never be the same
Wal-Mart Stores Inc will continue its holiday discounts and deals into the week after Christmas, the world's largest retailer said on Wednesday, as it introduces new deals and extends some old ones.
Former Bank of America Corp (BAC.N) Vice Chairman Gene Taylor is putting together a fund to invest in U.S. banks after a bid to inject capital into a small Florida bank fell apart, sources familiar with the matter said.
Buyouts are finally returning for the deal-hungry private equity industry, which is looking at 2010 to deploy huge cash reserves into deals that buyers hope could get back up to double-digit billions.
Cuba and Venezuela are set to sign cooperation deals worth about $3 billion later on Saturday, underscoring Caracas' role as the communist-run island's closest political and commercial ally.
The United States spent blood and treasure on an Iraq invasion critics said was for oil, but U.S. oil majors were largely absent from an Iraqi auction of oil deals snapped up instead by Russian, Chinese and other firms.
A new U.S. securities regulatory investigation into potential insider trading began in mid-November with the issuance of subpoenas to a number of hedge funds that may have gotten an advance word on corporate takeovers, said people familiar with the matter.
Russian President Dmitry Medvedev said on Wednesday it would be irresponsible to amend gas supply contracts with Ukraine, in a sign that Moscow will offer no more concessions to its ex-Soviet neighbour on gas payments.
British oil giant BP has begun cleaning up a second pipeline leak at its Prudhoe Bay operations in Alaska this week, after fluid spilled from a flow line on Wednesday.
U.S. private equity firm Carlyle Group plans to announce two or three deals soon in Brazil, Latin America's largest economy, co-founder David Rubenstein said on Wednesday.
A group of U.S. senators urged President Barack Obama Monday to back legislation requiring the renegotiation of the North American Free Trade Agreement and a long list of other trade pacts they blame for millions of lost U.S. manufacturing jobs.
More technology companies went public this year despite a world economy still trying to find its footing, and that is a good sign the pace of tech initial public offerings might accelerate in 2010.
A focus on bargains pulled U.S. shoppers into stores and onto websites over the Thanksgiving holiday weekend, but many said they would stick to their budgets and avoid purchases if they couldn't find a good deal.
The growing influence of the Web to distribute news, video and other content, combined with the lingering economic malaise, have left many media executives and investors uncertain about where to make their next bets.
Major department stores in the U.S. such as Macy's, JCPenney and Sears kicked off Black Friday deals on Friday including big discounts on fine jewelry.
Retailers across the country have slashed prices on various goods in their stores.
Black Friday 2009 deals are everywhere online and now Apple has jumped onto the retailer's haven bandwagon with its TGI Apple Black Friday 2009 specials. The Apple Black Friday 2009 Ad Flyer has been leaked online to BGR and according to the source, online shoppers are in for great deals.
