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By Devin Banerjee, Bloomberg |
April 18, 2013
Blackstone Group LP, the world’s biggest buyout firm, said first-quarter profit rose as market gains lifted the carrying value of its holdings. The shares fell after the company said a lackluster economy may curtail investing.
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By Lu Wang and Leslie Picker, Bloomberg |
February 11, 2013
U.S. stocks fell after a six-week rally left the Standard & Poor’s 500 Index trading at its most expensive valuation since July 2011.
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By Whitney Kisling, Bloomberg |
February 11, 2013
Nasdaq OMX Group Inc. posted its biggest intraday rally in more than a year on speculation the wave of attempted exchange takeovers that began in 2010 has yet to run its course.
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By Michelle Jamrisko, Bloomberg |
January 17, 2013
Builders broke ground on more houses than forecast in December, capping the best year for the industry since 2008, another sign residential real estate is boosting the U.S. economic expansion.
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By Sree Vidya Bhaktavatsalam, Bloomberg News |
December 4, 2012
Global banks, forced by regulators to reduce their dependence on profits from high-risk trading, have rediscovered the appeal of the mundane business of managing money for clients.
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By Jason Kelly |
October 2, 2012
Carlyle Group LP bought commodities hedge-fund manager Vermillion Asset Management LLC, adding $2.2 billion in commodities assets as the firm expands.
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By Anne-Sylvaine Chassany, Bloomberg |
September 20, 2012
European banks pledged last year to cut more than $1.2 trillion of assets to help them weather the sovereign-debt crisis. Since then they’ve grown only fatter.
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By Phil Flynn |
September 13, 2012
The bar has been raised and now it is up to the Federal Reserve to meet or exceed expectations. Many in the marketplace feel that some form of quantitative easing may be in the market.
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By Jim Polson and Mike Lee, Bloomberg |
April 30, 2012
Energy Transfer Partners LP, owner of about 23,500 miles of natural-gas pipelines, agreed to buy Sunoco Inc. for $5.3 billion.
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By Lee Spears and Anjelica Tan, Bloomberg |
March 30, 2012
In a year heralding the landmark initial public offering of Facebook Inc., share sales got off to a slow start. While more companies tapped equity markets in March, IPOs globally raised $16.2 billion in the first quarter, the least since 2009.