Category Archives: Banking

Banking

Glencore Valuation –

Glencore is expected to sell a 15% to 20% stake with an estimated value of $9 to 11 billion.  Reuters reports that Barclays Capital and Credit Suisse have released valuations that place Glencore at $52.5 to $69.2 billion.  The Reuters article … Continue reading

Posted in Banking, General, Hedge Funds, Investments, Private Equity, Stocks, Trading, Venture Capital | Leave a comment

Oil Rallies –

Crude oil continued to rally and reached a 30 month high at nearly $113 dollars a barrel.  Crude rose with other commodities like gold and tin which also reached trading highs on Friday.  Investors shifted holdings to commodities as speculation grew that … Continue reading

Posted in Banking, Bonds, Currency, Economic News, Gasoline, Interest Rates, Investments, Metals, Oil, Options & Futures, Regulatory, Trading | Leave a comment

Oil And Gold Rise –

Oil hit 2 1/2 year highs in afternoon trading and fueled concerns regarding inflation.  Crude oil is putting pressure on the $110 dollar a barrel mark and some analysts are predicting $150 oil before the end of the year.  The inflationary … Continue reading

Posted in Banking, Currency, Economic News, General, Investments, Metals, Oil, Options & Futures, Trading | Leave a comment

Stocks Rise On Data –

Stocks finished the week with gains after the release of positive employment and manufacturing data.  The market had just completed the best first quarter since 1998.  The market gained in spite of oil rising to the highest level since September 2008. To read a … Continue reading

Posted in Banking, Economic News, General, Investments, Oil, Stocks, Trading | Leave a comment

Stocks Rise –

The Dow Jones Industrial Average rose 50 points on Friday in light trading volume.  Corporate earnings helped to fuel the market as well as government data which indicated that GDP grew faster at the end of the year.  IBM and Chevron were market movers … Continue reading

Posted in Banking, Economic News, General, Investments, Stocks, Trading | Leave a comment

Nasdaq Bid For NYSE –

Reports indicate that Nasdaq is close to making a bid for the New York Stock Exchange.  Nasdaq may require financing of $5 billion in new debt for the transaction.  The deal would make Nasdaq the leader in trading of U.S. stocks and could face antitrust … Continue reading

Posted in Banking, Economic News, General, Infrastructure, Investments, Options & Futures, Political News, Regulatory, Stocks, Trading | Leave a comment

Private Equity Backed IPOs –

HCA Holdings has placed private equity backed IPOs back in the spotlight.   The large initial public offering follows recent IPOs by Kinder Morgan and Nielson Holdings.  Reuters has an article on the ten largest U.S. private equity backed initial public … Continue reading

Posted in Banking, General, Investments, Mergers & Acquisitions, Private Equity, Trading, Venture Capital | Leave a comment

GDP Revised –

Growth Domestic Product was revised lower to a rate of 2.8%.  Economists were expecting an upward revision of the original 3.2% figure to 3.3%.  Consumer spending was also revised lower from 4.4% to 4.1%.    To read a CNN Money article, please … Continue reading

Posted in Banking, Economic News, General, Investments | Leave a comment

Venture Capital funding –

Venture capital fundraising has been uneven in the last few years.  Accel Partners and Kleiner Perkins Caufield & Byers are two VC firms that have had success raising new funds.  The success of Facebook and Groupon has worked to their advantage in the fundraising process.  … Continue reading

Posted in Banking, Economic News, General, Investments, Private Equity, Venture Capital | Leave a comment

NYSE Euronext Merging With Deutsche Boerse –

Deutsche Boerse will purchase NYSE Euronext with an all stock offer of $9.43 billion.  Deustche Boerse will have 60% of the resulting entity.  The deal still has to clear regulatory hurdles and gain approval from the U.S. Department of Justice and the Securities … Continue reading

Posted in Banking, Economic News, General, Investments, Mergers & Acquisitions, Regulatory, Trading | Leave a comment

Dow Rises Again –

The Dow Jones hit a 2 1/2 year high after posting a gain for the 7th straight  day.  The Dow increased 71.52 to settle at 12, 233.15.  This level hasn’t been seen since June 16th, 2008.  The consumer sector helped to drive the … Continue reading

Posted in Banking, Bonds, Economic News, General, Investments, Stocks | Leave a comment

Private Equity Activity –

According to a private equity trade group, private equity activity significantly increased in 2010.  There was an increase in investments, exits, and deal volume.  The Private Equity Growth Capital Council announced that the index was above the 10 year moving average … Continue reading

Posted in Banking, General, Investments, Private Equity, Venture Capital | Leave a comment

LinkedIn IPO –

LinkedIn is planning an initial public offering that could raise as much as $175 million.  The LinkedIn IPO may be the first in a string of social media related IPOs in the near future.  Groupon and Facebook are expected to test … Continue reading

Posted in Banking, General, Hedge Funds, Investments, Private Equity, Stocks, Trading | Leave a comment

Private Equity IPOs –

The IPO market is expected to pick up this year as several private equity backed companies go public.  Nielsen Holdings BV will be testing the IPO waters this week and it is a significant offering.  The last time that there … Continue reading

Posted in Banking, Economic News, General, Hedge Funds, Investments, Private Equity, Stocks, Trading, Venture Capital | Leave a comment

Petroleum Status Report –

The weekly Petroleum Status Report from the U.S. Department of Energy indicated a rise in crude oil inventories of 2.6 million barrels.  There were also increases in gasoline inventories of 4.4 million barrels and distillates of 1 million barrels.  All three … Continue reading

Posted in Banking, Economic News, Gasoline, General, Investments, Oil, Options & Futures, Trading | Leave a comment