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The day ahead in business May 9
Reports: Initial jobless claims for week ended May 4, 7:30 a.m.; Wholesale inventories for March, 9 a.m.; Mortgage rates for week ended May 9, 9 a.m.; Natural gas inventories for week ended May 4, 9:30 a.m. Local earnings: Allscripts Healthcare...
Tags: Cablevision Systems Corp., Equitable Group Incorporated, TreeHouse Foods Incorporated, First Industrial Realty Trust Incorporated, Visteon Corp.
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Carlyle Group Sells More Shares In SS&C
The Hartford CourantFor the second time in two months, the Carlyle Group is selling common shares in SS&C Technologies, the Windsor-based software and services firm. SS&C said Thursday Carlyle is selling 7.5 million shares, cutting its ownership of the company to about 9.... -
Synagro Technologies' bankruptcy will bring jobs to Baltimore
A Wednesday bankruptcy filing by Synagro Technologies Inc. means growth and new jobs for the Baltimore area as the waste recycler consolidates its headquarters in White Marsh. The Carlyle Group LP-owned company, which had been co-headquartered in...
Tags: Energy Saving, Loans, Companies and Corporations, Credit and Debt, White Marsh
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Thermo Fisher To Buy Life Tech For $13.6 Billion
Thermo Fisher Scientific Inc. on Monday agreed to buy Life Technologies Corp for $13.6 billion in a deal that would make it one of the top two companies in the hot field of genetic testing. The pact values Life Tech at $76 per share, a 12 percent...Tags: Roche Holding AG, Mergers, Acquisitions and Takeovers, Science, Sigma-Aldrich Corporation, Illumina, Inc.
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Sources: Yankee Candle's Owners Explore Sale, Hire Banks
Yankee Candle Co Inc., the largest scented candle company in the United States, is being prepared for a sale by its private equity owner, three people familiar with the matter said on Monday. The company, which was acquired by Chicago-based buyout firm...Tags: The Home Depot, Financing and Stock Offerings, Bank of America Corp., Bain Capital, LLC, Banking
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Carlyle, Stone Selling Some SS&C Shares
With shares of SS&C Technologies Holdings Inc. trading at their high since the company went public three years ago, The Carlyle Group is selling 6.5 million shares, cutting its ownership from 27 percent to 19 percent. Founder William C. Stone is also... -
Liguori named CEO of Tribune Co.
Television executive Peter Liguori was named the new chief executive of Tribune Co. Thursday, taking the reins of the reorganized Chicago-based media company weeks after its emergence from bankruptcy. In a widely expected announcement, Liguori, 52, a...Tags: Los Angeles Times, Ross Levinsohn, The Walt Disney Co., Bruce Karsh, Tribune Company
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Warren Buffett invests in parties, buys Oriental Trading Co.
Billionaire financier Warren Buffett already has his hands in newspapers, jewelry, insurance and other holdings. Now, with the acquisition of Oriental Trading Co., the 82-year-old can add party planning. Buffett said Friday that his Berkshire Hathaway...
Tags: Prostate Cancer, Berkshire Hathaway Inc., GEICO, Media General Inc., Companies and Corporations
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Staples stock jumps on report Bain, others are considering buyout
A report that several private equity firms -- including original investor Bain Capital -- are considering buying Staples Inc. pushed the office supply chain’s stock up as much as 6.2% on Friday. Acquisition talks are still preliminary and any offer...
Tags: Google Inc., Office Depot Inc., OfficeMax Inc., Mitt Romney, Federal Reserve
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Lawsuits plague Turner's Middle Branch developments
One of Baltimore's most prolific developers faces two lawsuits for unpaid bills related to stalled urban renewal projects along the Middle Branch of the Patapsco River. A lawsuit against Turner Development's principal, Patrick Turner, and a second suit...
Tags: Crime, Law and Justice, Rentals, Companies and Corporations, National Aquarium Baltimore, Laws
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Carlyle Group Selling 7 Million Shares of Windsor-based SS&C
Private-equity firm The Carlyle Group ofWashington, D.C., is selling about one fourth of its shares in Windsor-based SS&C Technologies Holdings Inc. In a public offering announced Tuesday, investment funds affiliated with Carlyle are offering 7 million...Tags: Citigroup Incorporated, Companies and Corporations, Finance, Economy, Business and Finance
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Quake-damaged Washington Monument May Remain Closed Into 2014
CNNWASHINGTON -- The Washington Monument will remain closed for repairs for at least another year and possibly into 2014, National Park Service officials said Monday. The 555-foot-tall monument has been closed since an earthquake struck the mid-Atlantic...Tags: David M. Rubenstein, Washington Monument, Natural Disasters, Port St. Lucie (St. Lucie, Florida), Richmond (Richmond, Virginia)
May 9, 2013
|Story| Chicago Tribune
May 9, 2013
|Story| Hartford Courant
Apr 24, 2013
|Story| Baltimore Sun
Apr 16, 2013
|Story| Hartford Courant
Mar 13, 2013
|Story| Hartford Courant
Mar 13, 2013
|Story| Hartford Courant
Jan 17, 2013
|Story| Baltimore Sun
Nov 2, 2012
|Story| Los Angeles Times
Sep 14, 2012
|Story| Los Angeles Times
Sep 11, 2012
|Story| Baltimore Sun
Jul 18, 2012
|Story| Hartford Courant
Jul 10, 2012
|Story| KTLA-LTV
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