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Today: January 24, 2025
Today: January 24, 2025
David French

David French

Staff Writer

Latest From David French

Business|Finance|Stock Markets

S&P and Nasdaq close at multi-week lows as Tesla, Alphabet weigh heavily

The S&P 500 and Nasdaq ended at multi-week lows on Wednesday, with the S&P snapping one of its longest streaks without a daily decline of more than 2%, as lackluster

S&P and Nasdaq close at multi-week lows as Tesla, Alphabet weigh heavily
Business|Economy|Finance|News|Stock Markets|Technology|US

S&P, Nasdaq end lower in fickle trading, megacap trend uncertain

The S&P 500 and Nasdaq Composite ended a fickle session weaker on Thursday, failing to regain ground lost in the previous day's tech-triggered sell-off as investors grappled

S&P, Nasdaq end lower in fickle trading, megacap trend uncertain
Business|Economy|Finance|Stock Markets|US

Wall St closes up on revival supported by inflation data, tech stocks

Wall Street's major indexes ended higher on Friday as investors flocked back to tech megacaps that had triggered broad sell-offs earlier in the week, and inflation data

Wall St closes up on revival supported by inflation data, tech stocks
Business|Economy|Finance

Citgo auction pits Icahn-backed oil refiner, creditor group

An oil refiner backed by activist investor Carl Icahn and a group of creditors holding claims against Venezuela are competing

Citgo auction pits Icahn-backed oil refiner, creditor group
Business|Economy|Finance|US

Data provider Dun & Bradstreet explores sale, sources say

Dun & Bradstreet, a U.S. data and analytics provider that has a market value of more than $9 billion including debt, is exploring

Data provider Dun & Bradstreet explores sale, sources say
Business|Finance|US

Lazard hires Guggenheim banker Haydon for private equity dealmaking, source says

Investment bank Lazard has hired Courtney Haydon from Guggenheim Securities as a managing director to help drive dealmaking involving private equity firms and alternative

Business|Economy|Finance|Stock Markets|US

S&P 500 ends up, win streak at 5; Nasdaq ekes out gain even as Alphabet weighs

The S&P 500 ended higher on Wednesday, stretching its winning streak to five sessions, as the latest inflation data reassured investors betting the Federal Reserve would

Business|Finance|US

Oil producer APA explores $1-billion sale of Permian assets, sources say

APA Corp is exploring the sale of oil and gas drilling properties spread across parts of the Permian basin of Texas and New Mexico, in a deal that could be

Oil producer APA explores $1-billion sale of Permian assets, sources say
Business|Finance|Stock Markets|Technology|US

Data center operator Switch weighs IPO at about $40 billion valuation, sources say

The owners of Switch are exploring an initial public offering (IPO) of the data center operator that could value it at about $40 billion, including

Data center operator Switch weighs IPO at about $40 billion valuation, sources say
Business|Finance

Buyout firm EQT explores $2 billion sale of Banking Circle, sources say

Private equity firm EQT is exploring a sale of its majority stake in Banking Circle, hoping any deal would value the payments processor at

Buyout firm EQT explores $2 billion sale of Banking Circle, sources say
Business|Economy|Finance|Stock Markets|US

Shale producer Validus to buy Citizen Energy in deal worth over $2 billion, sources say

Privately held oil and gas producer Validus Energy has struck a deal to buy rival Citizen Energy for more than $2 billion, including debt, according to

Shale producer Validus to buy Citizen Energy in deal worth over $2 billion, sources say
Business|Finance

TPG buys minority stake in wealth manager Homrich Berg

Private equity firm TPG has agreed to buy a minority stake in Homrich Berg, an investment that would allow the wealth management firm to pursue growth

TPG buys minority stake in wealth manager Homrich Berg
Business|Economy|Finance|Stock Markets

TPG in lead to buy stake in Creative Planning at $15 billion valuation, sources say

Buyout firm TPG has emerged as the frontrunner to pick up a minority stake worth $2 billion in Creative Planning, in a deal that could value the wealth

TPG in lead to buy stake in Creative Planning at $15 billion valuation, sources say
Business|Economy|Finance|Stock Markets|US

Wall Street closes higher on tech buying as investors wait on inflation data

Wall Street's benchmarks finished up on Tuesday, recouping some of the previous session's losses, as investors bought back in to technology stocks and investors shifted

Wall Street closes higher on tech buying as investors wait on inflation data
Business|Finance|US

Citi hires LaVoie from Wells Fargo to head West Coast private equity M&A

Investment banker John LaVoie is joining Citigroup to head up its U.S. West Coast private equity dealmaking unit, according to an internal memo seen by Reuters on Tuesday.

Citi hires LaVoie from Wells Fargo to head West Coast private equity M&A
Business|Economy|Finance|Stock Markets|US

S&P 500 ends at fresh record high, as Dow scales 43k for first time

Wall Street ended higher on Monday, with both the S&P 500 and the Dow posting fresh record finishes, as investors bought into technology stocks ahead of a busy week packed

S&P 500 ends at fresh record high, as Dow scales 43k for first time
Business|Finance|Stock Markets|US

Dow ends at another record high as Wall Street buoyed by banks, small-caps

The Dow Jones Industrial Average rose on Wednesday and closed at a record high, and Wall Street's two other benchmark indexes also ended higher, weathering declines in

Dow ends at another record high as Wall Street buoyed by banks, small-caps
Business|Economy|Finance|Stock Markets|US

Dow closes at another record high as chip stocks, retail data support

The Dow Jones Industrial Average advanced on Thursday to its fourth record close in the last five sessions, as stronger-than-expected monthly retail sales indicated a robust

Dow closes at another record high as chip stocks, retail data support
Uncategorized

Dow and S&P end at fresh record highs, lifted by Netflix earnings and tech stocks

The Dow Jones Industrial Average and S&P 500 chalked up record closing highs on Friday, with the Nasdaq also in positive territory, as markets were boosted by an earnings-

Dow and S&P end at fresh record highs, lifted by Netflix earnings and tech stocks
Business|Finance|Health

Citigroup promotes three bankers in healthcare M&A push

Citigroup has promoted three senior healthcare investment bankers - Sumit Khedekar, Nishant Jadav and Michael Guarino - in the bank's push to win

Citigroup promotes three bankers in healthcare M&A push
Business|Economy|Finance

Blackstone in talks to buy US pipeline stakes from EQT for $3.5 billion, sources say

Private equity firm Blackstone is in advanced talks to acquire minority stakes in the interstate natural gas pipelines owned by EQT Corp for about $3.5 billion, people

Blackstone in talks to buy US pipeline stakes from EQT for $3.5 billion, sources say
Asia|Business|Finance|US

Woodside and Tokyo Gas in discussions over stake in US LNG project

Tokyo Gas is in talks with Woodside Energy over taking a stake in a multi-billion-dollar Louisiana liquefied natural gas (LNG) export

Woodside and Tokyo Gas in discussions over stake in US LNG project
Business|Finance|US

Stonepeak nears $3.1 billion deal for aircraft lessor ATSG, sources say

Stonepeak is in advanced talks to acquire Air Transport Services Group, a provider of aircraft leasing and cargo transportation services, for about $3.1 billion

Stonepeak nears $3.1 billion deal for aircraft lessor ATSG, sources say
Business|Finance|Stock Markets|US

For dealmakers, regulatory chaos would undercut Trump's pro-business tilt

With any other president, promises of less regulation and lower corporate taxes would have Wall Street's deal

For dealmakers, regulatory chaos would undercut Trump's pro-business tilt
Business|Economy|Finance|US

Lazard hires Citigroup's Miller in energy investment banking push, sources say

Lazard has hired veteran Citigroup investment banker Chris Miller as a managing director to help drive its dealmaking efforts in the energy industry, people familiar with

Lazard hires Citigroup's Miller in energy investment banking push, sources say

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