Private-Equity Consortium

Aug 12, 2024 | morningstar.com | Private-Equity Consortium

Bank of Nova Scotia to Pay $2.8 Billion for Stake in KeyCorp Bank of Nova Scotia agreed to buy a minority stake in U.S.-based financial services company KeyCorp for $2.8 billion. How Bank of America Ignores Its Own Rules to Prevent Dangerous Workloads The death of a former Green Beret sparks an outcry about the all-nighters and 100-hour weeks that grind down young investment bankers.

Aug 12, 2024 | morningstar.com | Private-Equity Consortium

Huge Pension Started Buying CrowdStrike Stock Shortly Before Global Glitch New York State Teachers' Retirement System initiated a stake in CrowdStrike, bought more Exxon stock, and sold Ford and PayPal shares in the second quarter. Japan's Central-Bank Chief Dogged by Painful History of Premature Moves Kazuo Ueda had hoped to start series of rate increases but a bout of market turmoil and the bank's rapid backtracking show how hard it is to get the timing right.

Aug 9, 2024 | morningstar.com | Private-Equity Consortium |Citi to

Japan's Central-Bank Chief Dogged by Painful History of Premature Moves Kazuo Ueda had hoped to start series of rate increases but a bout of market turmoil and the bank's rapid backtracking show how hard it is to get the timing right. Vista Builds a $5 Billion Cash Pile to Retain Software Maker The private-equity firm seeks to recapitalize Citrix owner Cloud Software Group, aided by Coller Capital and Goldman Sachs. Crypto Fans Want a Bitcoin Reserve. Politicians Want Their Votes.

Aug 9, 2024 | morningstar.com | Super Mario |Private-Equity Consortium |Algonquin Power to

Merck Buying Drug Targeting B-Cell Diseases for Up to $1.3 Billion Merck has struck a deal worth up to $1.3 billion to buy an investigational drug targeting B-cell associated diseases. Pitney Bowes Sells Controlling Interest in E-Commerce Unit, Narrows Net Loss Buyer Hilco will support the liquidation of some of the segment's entities under a chapter 11 bankruptcy process.

Aug 9, 2024 | morningstar.com | Super Mario |Private-Equity Consortium |Citi to

Super Mario Is Winning the Console Wars Nintendo is close to updating its popular Switch console. Unlike Sony and Microsoft, it can take its time with powerful new features. Americans Are Skipping Theme Parks This Summer Disney, Six Flags and Universal's owner reported softer results as consumers pull back-or travel abroad. Cyber Companies Report Mixed Results as Security Budgets Prove Challenging Cautious customers, scrutiny around spending ding earnings at some vendors.