BlackRock Declines Most in a Year as First-Quarter Profit Misses Estimates BlackRock Inc.’s first-quarter profit fell short of analysts’ estimates as investors slowed deposits into its funds, sending shares of the world’s biggest asset manager down the most in a year.
Nielsen to Become Public Company Four Years After Blackstone, Carlyle LBO Nielsen Co., whose television- audience ratings help set advertising prices, plans to return as a public company four years after being taken private for $10.2 billion by investors including Blackstone Group LP and Carlyle Group, said a person with knowledge of the plans.
Stifel Agrees to Purchase Weisel for $318 Million, Expanding on West Coast Stifel Financial Corp., the Missouri-based brokerage, agreed to buy Thomas Weisel Partners Group Inc. for about $318 million in stock to expand investment banking.
PAI’s Christian Hansen Seeks $602 Million in May Initial Public Offering Christian Hansen Holding A/S, the Danish maker of food ingredients owned by private equity firm PAI Partners, plans to raise 450 million euros ($602 million) in an initial public offering.
Bond Traders Declare Inflation Dead With Yields Below 2008 Crisis Levels The bond vigilantes who punished governments for profligate spending in past years have gone into hiding.
Goldman Sachs E-mails Spur Democrats to Push Efforts to Reform Wall Street White House officials and Democratic lawmakers seized on internal e-mails from Goldman Sachs Group Inc. to push for curbs including a ban on proprietary trading as they brace for a Senate showdown on Wall Street oversight.
Berlin’s Sony Center May Be Sold to a South Korean Fund for $768 Million South Korea’s National Pension Service, the nation’s biggest investor, may buy Berlin’s Sony Center from a Morgan Stanley real-estate fund for about 850 billion won ($768 million).