Carlyle Group Inc

NASDAQ:CGUnited States

Nov 12, 2024

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• DJ Deal Revival Doesn't Threaten Carve-Outs, Carlyle Investor Says -- Market Talk, from 6:12PM ET on Tuesday Nov 12, 2024 by Dow Jones

  6:12PM ET on Tuesday Nov 12, 2024 by Dow Jones
  Companies Mentioned: CG
  
  1811 ET - Brian Bernasek, co-head of Americas corporate private equity at buyout firm Carlyle Group, says corporate carve-outs next year will thrive despite a recovering M&A market for standalone private businesses. While conditions are improving, the ability to do deals deemed complex remains an advantage, he said. In 2021, "there was a deal a week in the market... Today it's a much more bespoke process," he added. Tough economic conditions since the first half of 2022 led many companies to aggressively sell off lagging business units and peripheral operations to raise capital. For private-equity firms, carve-outs offered a way to deploy funds at a time when few businesses were for sale. Bernasek spoke about the trends during a private-markets investment conference in New York. (rod.james@wsj.com)
  

• Sector Update: Financial Stocks Decline Tuesday Afternoon, from 1:45PM ET on Tuesday Nov 12, 2024 by MT Newswires

  1:45PM ET on Tuesday Nov 12, 2024 by MT Newswires
  Companies Mentioned: MS, ACNB, CG
  01:45 PM EST, 11/12/2024 (MT Newswires) -- Financial stocks fell in Tuesday afternoon trading with the NYSE Financial Index down 0.8% and the Financial Select Sector SPDR Fund (XLF) off 0.4%. The Philadelphia Housing Index dropped 2.2%, and the Real...

• Top Midday Stories: Tyson Foods Reports Q4 EPS, Revenue Beats; DOJ Reportedly Moving to Block UnitedHealth's Amedisys Acquisition, from 11:40AM ET on Tuesday Nov 12, 2024 by MT Newswires

  11:40AM ET on Tuesday Nov 12, 2024 by MT Newswires
  Companies Mentioned: GSK, HD, HON, PFE, TSN, UNH, XOM, AMED, CG, META, SPR, BAM
  11:40 AM EST, 11/12/2024 (MT Newswires) -- All three major US stock indexes were down slightly in late-morning trading Tuesday, as Wall Street appears to be taking a break from its post-election rally. In company news, Tyson Foods (TSN) reported fis...

• Sedgwick Closes on $1 Billion Investment From Altas Partners, from 9:34AM ET on Tuesday Nov 12, 2024 by MT Newswires

  9:34AM ET on Tuesday Nov 12, 2024 by MT Newswires
  Companies Mentioned: CG
  09:34 AM EST, 11/12/2024 (MT Newswires) -- Sedgwick said Tuesday it has closed on a significant minority investment worth $1 billion led by Altas Partners, raising its enterprise value to $13.2 billion from $6.7 billion since Carlyle Group's (CG) in...

• Sector Update: Financial Stocks Lean Lower Pre-Bell Tuesday, from 9:12AM ET on Tuesday Nov 12, 2024 by MT Newswires

  9:12AM ET on Tuesday Nov 12, 2024 by MT Newswires
  Companies Mentioned: FAS, FAZ, XLF, CG, TIGR, BXSL
  09:12 AM EST, 11/12/2024 (MT Newswires) -- Financial stocks were leaning lower pre-bell Tuesday as the Financial Select Sector SPDR Fund (XLF) declined by 0.1% recently. The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.2% and its bearish...