Home equity loans will pay for less under the tree (Minneapolis-St. Paul Star Tribune)
In every holiday shopping season from 1995 through 2005, Christmas was on the house. Not this year. The housing downturn that started last year and has accelerated this year has barred the chimney to Santa in many homes, as owners find they no longer have the growing equity that can be tapped again and again to finance spending. Preliminary figures for sales on Black Friday, the day after ......more...Citi to Sell $7.5 Billion of Equity Units to the Abu Dhabi Investment Authority (Finanzen.net)
Citi announced today that it has reached an agreement to sell Equity Units, with mandatory conversion into common shares, in a private placement to the Abu Dhabi Investment Authority (ADIA), a long-term investor committed to the U.S. ......more... Citigroup to sell $7.5 billion in equity units to Abu Dhabi Investment Authority (The Canadian Press via Yahoo! Canada News)
NEW YORK - Citigroup Inc. said late Monday that it has reached an agreement to sell equity units with mandatory conversion into common shares to the Abu Dhabi Investment Authority in the amount of US$7.5 billion....more... Sitel redundancies show perils of Private Equity (Scoop.co.nz)
One hundred and ten workers at call centre company Sitel?s Palmerston North site have been told today that they?re out of a job because their Yellow Pages work has been contracted to Teletech and will be outsourced to the Philippines....more... Citi to Sell $7.5 Billion of Equity Units to the Abu Dhabi Investment Authority (Business Wire via Yahoo! Finance)
NEW YORK----Citi announced today that it has reached an agreement to sell Equity Units, with mandatory conversion into common shares, in a private placement to the Abu Dhabi Investment Authority , a long-term investor committed to the U.S. capital markets, in the amount of $7.5 billion....more... Private equity a force for good, says Blackstone boss (Daily Telegraph)
One of the big beasts of private equity has made a rare public speech to defend the industry....more... Private equity is a ?force for good? claims Schwarzman (The Herald)
Stephen Schwarzman, one of the private equity industry's biggest players, has taken his fight for his sector's reputation to the Confederation of British Industry, telling delegates that private equity was a "force for good"....more... Private equity is the workers' friend, CBI told (Guardian Unlimited)
One of private equity's leading exponents yesterday delivered a robust defence of the under-fire industry, insisting it was a force for global good ...more... RP tops survey of global cellphone investment markets (ABS-CBNNEWS.com)
The Philippines has emerged as the leading country for investment for mobile operators in the world for the period 2008-2012, according to a survey released by the telecommunications arm of one of Russia?s biggest private equity and investment companies....more... |