20.71 0.00 (0.00%)
After hours: 4:00PM EDT
|Bid||20.69 x 900|
|Ask||20.70 x 1800|
|Day's Range||20.27 - 20.90|
|52 Week Range||15.09 - 25.20|
|Beta (3Y Monthly)||1.62|
|PE Ratio (TTM)||12.08|
|Forward Dividend & Yield||1.72 (8.21%)|
|1y Target Est||N/A|
Carlyle Group Co-Founder and Co-Executive Chairman David Rubenstein is optimistic the U.S. and China will reach a trade deal, and says China remains 'a wonderful place to invest.' He spoke with Yahoo Finance's Scott Gamm at the SALT conference in Las Vegas about trade, the markets, the Uber IPO and Federal Reserve Chair Jerome Powell's handling of the economy.
Moody's Investors Service ("Moody's") has affirmed the B1 rating on Nautilus Power, LLC's (Nautilus or Project or Borrower) senior secured credit facilities following the planned addition of $55 million to the term loan B. After the incremental debt, the senior secured credit facility will consist of an approximately $659 million term loan B due in 2024 and a $75 million revolving credit facility due in 2022. Other terms of the senior secured credit facilities will remain largely the same, including the maturity dates and the cash flow sweep mechanism, which remains the greater of (a) 75% of excess cash flow and (b) the amount needed to be swept to reach a target debt balance, which will be adjusted to reflect the higher debt amount.
Ingersoll-Rand's (IR) buyout of PFS will boost the company's existing fluid management business through technical expertise, and the addition of about 1,000 workers and strong manufacturing units.
A unit of asset management firm Carlyle Group LP this week will appeal to the Trump administration to guarantee a two-year approval of its South Texas crude export project, officials said. Carlyle-backed Lone Star Ports LLC is vying to open the first new U.S. crude export facility that can fully load supertankers, which will require dredging a South Texas ship channel deep enough to allow fully loaded supertankers to maneuver at its planned terminal. The company plans to file paperwork with the administration's Federal Permitting Improvement Steering Council (FPISC) to join a list of infrastructure projects that U.S. officials hope to ease through federal, state and local reviews.
The UK’s Serious Fraud Office has opened a joint investigation with Dutch authorities into “certain aspects of biodiesel trading” at Greenergy and various third parties. The SFO said on Thursday it had carried out searches at five sites in Britain, while further searches had been conducted in Netherlands and Belgium. The anti-fraud agency is believed to be working with the Dutch Human Environment and Transportation Inspectorate on the probe.
Moody's Investors Service ("Moody's") downgraded the corporate family rating of Flex Acquisition Company, Inc. (doing business as Novolex) to B3 from B2 and the probability of default rating to B3-PD from B2-PD. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating.
Investment company Carlyle Group L.P. buys Chesapeake Energy Corp, sells Golden Ocean Group during the 3-months ended 2019Q1, according to the most recent filings of the investment company, Carlyle Group ...
Meritor, Inc. (NYSE: MTOR ) announced Wednesday that it has entered into an agreement with an affiliate of The Carlyle Group LP (NASDAQ: CG ) to acquire AxleTech for about $175 million in cash. What Happened ...
Billionaire private equity titan David Rubenstein thinks the U.S. and China will reach a trade deal by the summer.
Moody's Investors Service ("Moody's") has today assigned a Baa3 senior unsecured rating to CEPSA Finance, S.A.U. (Cepsa Finance), a guaranteed subsidiary of Compania Espanola de Petroleos, S.A.U. (Cepsa), as well as a Baa3 rating to the senior unsecured notes issued by Cepsa Finance. The Baa3 rating of the notes issued by Cepsa Finance is in line with the Baa3 issuer rating of Cepsa, reflecting that Cepsa Finance is a guaranteed subsidiary of Cepsa.
The investor buzz could benefit Carlyle as it looks to exit from its own unprofitable taxi operator. Unfortunately, fierce competition from Uber is also a big reason why Addison Lee has been such a difficult investment for Carlyle’s 5.4 billion euro ($6 billion) European buyout fund. Media reports suggest that the U.S. private equity firm hopes to sell Addison Lee for between 300 million pounds and 500 million pounds ($390 million to $650 million, though estimates vary widely) and that Jaguar Land Rover Automotive Plc, the luxury British carmaker, might be among the interested parties.
Obtain important information about the world's top ten private equity firms ranked as of 2015, including their investment focus and portfolio assets.
On a per-share basis, the Washington-based company said it had profit of $1.18. Earnings, adjusted for non-recurring gains, came to 25 cents per share. The results did not meet Wall Street expectations. ...
On Wednesday, May 1, The Carlyle Group (NASDAQ: CG ) will release its latest earnings report. Decipher the announcement with Benzinga's help. Earnings and Revenue The Carlyle Group EPS will likely be near ...
The firm’s private equity owners are seeking approval from some of PPD’s creditors for the dividend plan, according to people familiar with the matter. To fund the payment, PPD is mulling the sale of a risky type of junk bond called PIK toggle that allows a borrower to delay interest payments, said the people, asking not to be identified discussing a private matter. Private equity firms have taken advantage of strong creditor conditions in the debt markets to sell around $3 billion of loans to finance dividend payouts this month.
In March 2018 Cepsa acquired a 20% stake in Abu Dhabi National Oil Company's offshore Sarb & Umm Lulu 40-year concession for USD1.5 billion, which will add a significant volume of 2P reserves to bring the current total portfolio to around 470 mmboe and improve the reserve life, thus materially strengthening the company's upstream operations. Moody's understands that as of end-February 2019 Cepsa reported around EUR300 million cash on balance sheet, supported by a number of committed facilities with a total availabilities of around EUR2.2 billion, mostly maturing in 2022 and 2024.
AFL-CIO President Richard Trumka offers a dark take on the growing U.S. economy as he spoke Tuesday before the Economic Club of Washington, D.C.
Bandwidth on satellites built by U.S. companies is used to connect Chinese soldiers at South China Sea outposts, the Wall Street Journal said in a report. China's state police have also used the satellite services to help fight protesters, notably in a region where ethnic minorities were forcibly relocated, the report said. The key to circumventing U.S. trade laws is a Hong Kong-based company called Asia Satellite Telecommunications, the report said, which is jointly owned by Carlyle Group and Chinese state-controlled Citic Group.