Prince Of Wall Street » Uncategorized

Investors Eye Russian IPOs With Caution

WSJ.com: Deals & Deal Makers — Wed, 03 Mar 2010 16:11:26 +0000

Some of Russia's biggest companies are lining up to ask for $20 billion in initial public offerings and secondary stock sales, but the dismal performance of past IPOs is making investors think twice.

AIG Stands By Taiwan Deal

WSJ.com: Deals & Deal Makers — Wed, 03 Mar 2010 15:14:04 +0000

The insurer will stick with a an agreement to sell Nan Shan Life Insurance to a Hong Kong consortium despite despite a healthy new offer for its Asian business.

Baltic Drying Up as a Gauge

WSJ.com: Deals & Deal Makers — Wed, 03 Mar 2010 11:09:07 +0000

Uncertainty over how many new ships will be built this year is expected to marginalize a popular measure of the global economy's health: the Baltic Dry Index.

Equity Backs Wall Street Trio’s Move Into Bonds

WSJ.com: Deals & Deal Makers — Wed, 03 Mar 2010 05:34:28 +0000

General Atlantic and Stone Point Capital are backing three former senior Wall Street executives to form Pierpont Securities, a brokerage that will trade government bonds.

Grown-Up Spring Break Spots

Kelli B. Grant — Wed, 03 Mar 2010 05:00:00 +0000

You'll be able to dodge the college kids at these destinations.

Warburg to Invest in Citi’s Primerica

WSJ.com: Deals & Deal Makers — Wed, 03 Mar 2010 04:14:15 +0000

Private-equity firm Warburg Pincus has agreed to invest $230 million in Primerica, the life-insurance and mutual-fund sales unit of Citigroup.

Dow to Sell Styron Unit for $1.63 Billion

WSJ.com: Deals & Deal Makers — Wed, 03 Mar 2010 04:13:27 +0000

Dow Chemical has reached a $1.63 billion cash deal to sell its Styron plastics business to private-equity firm Bain Capital Partners.

Brazil’s IPO Market Retains Its Allure

WSJ.com: Deals & Deal Makers — Wed, 03 Mar 2010 02:56:10 +0000

Seeking to take advantage of growing interest in Brazilian assets, OSX Brasil disclosed plans to hold the world's largest IPO this year.

FDIC to Tap Securitization Market

WSJ.com: Deals & Deal Makers — Wed, 03 Mar 2010 02:52:14 +0000

The U.S. agency, seeking to rid itself of assets from failed banks, will sell three new guaranteed deals totaling $4 billion. Included are assets held by Houston's Franklin Bank and Chicago's Corus Bank.

CIBC, Carlyle Buy Bank Stake in Bermuda Bank

WSJ.com: Deals & Deal Makers — Wed, 03 Mar 2010 02:25:37 +0000

Canadian Imperial Bank of Commerce and Carlyle Group led a $550 million investment in Bermuda's largest independent bank, Bank of N.T. Butterfield.