According to Reuters, the IPO for Blackstone priced at the high end of its range, raising $4.13 billion.
Reuters writes that GE (GE) and Pearson (PSO) have dropped their potential bid for Dow Jones (DJ).
Reuters reports that Pfizer (PFE) got permission to market its drug Lyrica for treating fibromyalgia.
The Wall Street Journal reports that BP (BP) is near a deal to turn over its ownership in a $20 billion Russian natural-gas project to state-controlled Gazprom.
The Wall Street Journal writes that ADM (ADM) is going to enter Brazil’s sugarcane-ethanol market, backing a rival to corn-based ethanol made by most U.S. companies.
The Wall Street Jounal also writes the NYSE Euronext (NYX) is making a bid for the Italian stock exchange which will compete with one from the London exchange.
The Wall Street Journal also reports that investor Nelson Peltz has taken a 3% piece of Kraft (KFT) and want the company to sell certain assets.
The New York Times reports that Ebay (EBAY) will re-enter the Chinese markter this summer.
FT reports that Bear Stearns (BSC) will call of its IPO of Everquest, a company associated with two hedge funds that have collapsed.
Barron’s reports that Jabil Circuit (JBL) reported earnings in line with estimates.
Douglas A. McIntyre
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
