Some SPACs are targeting companies with below-investment-grade credit ratings; not since the dot.com-boom two decades ago has stock-market enthusiasm been hot enough to fuel such activity in debt markets.
The firm’s private-equity portfolio far outpaced the S&P 500 during the first quarter.
Hartford CEO Christopher Swift said each of Chubb’s proposals has been evaluated and unanimously rejected by the insurer’s board.
Leveraged buyout bids measuring in the double-digit billions. a relative rarity since the financial crisis. have been showing signs of a comeback lately.
BP. Rio Tinto and others are selling the projects for financial and environmental reasons. in a possible boon for those companies that want to double down on fossil fuels.
Much of the payment to John Legere hinged on the carrier’s consummation of its merger with Sprint. which has been a boon to investors.
The offer is likely to kick off a bidding war for a railroad operator that has already agreed to a sale to another Canadian rival.
Finra says Brian Maguire bought shares in two companies after finding out about another analyst’s upgrade.
Investors are getting scared off special-purpose acquisition companies. one of the hottest bets on Wall Street. as regulators intensify scrutiny of SPACs and share prices tumble.
The bank lost $911 million when Archegos Capital Management imploded last month. tarnishing a record-setting quarter.