UK Power Equipment Rental Firm Aggreko Files for New York IPO
Aggreko Plc filed for a US initial public offering, revealing the private equity-backed power equipment rental company turned profitable as revenue increased....
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Treasury Buybacks Are a 'Cloud' Over Markets, Apollo's Slok Says
Apollo Chief Economist Torsten Slok comments on the economic impact of the the US Treasury's strategic debt buyback operations. Speaking on "Bloomberg The Close," Slok also discusses the outlook for Federal Reserve monetary policy. (Source: Bloomberg)...
Guggenheim's Walsh Says Firm Is Cooperating With Regulators
Anne Walsh, chief investment officer of Guggenheim Partners, says the asset management firm is fully cooperating with regulators as they investigate an accounting issue at one of its subsidiaries. US prosecutors are looking at Mark Walter's investment empire and his relationship with Guggenheim. Walsh says Guggenheim's...
US Expands Search for Critical-Mineral Projects for Defense Gear
The Trump administration is seeking investment pitches from domestic producers of metals used in fighter jets, night-vision goggles and tank armor....
Nvidia Slides Ahead of Earnings as Tech Stocks Retreat | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Emily Graffeo, Norah Mulinda and Tim Stenovec. (Source: Bloomberg)...
Test Your ETF Knowledge In Our IQ Test
Bloomberg's Scarlet Fu puts Isabelle Lee, Athanasios Psarofagis, and Eric Balchunas to the test on "Bloomberg ETF IQ" in this week's edition of "IQ Test." (Source: Bloomberg)...
Who Is Buying America’s Debt These Days?
With the US now $40 trillion in the red, the US Treasury’s sudden move to rein in bond yields has cast a spotlight on who is, and isn’t, purchasing American debt these days. (Source: Bloomberg)...
First Brands Bankruptcy-Payout Plan Rejected by Federal Judge
A federal judge rejected the bankruptcy-payout plan of defunct auto-parts maker First Brands, concluding the proposal to raise money by suing a long list of insiders and business partners was not realistic....
Wellington Launches Funds with Blackstone, Vanguard
Nick Samouilhan, portfolio manager at Wellington Management, joins Scarlet Fu and Eric Balchunas on "ETF IQ." Blackstone teamed up with Wellington Management and Vanguard Group to create two new funds that will give individual investors access to private assets. (Source: Bloomberg)...
Asia Buyers Snap Up American Crude, Add Stress to Tight Market
Asian refiners are on course to nearly double their purchases of US crude for September from a month earlier, a move that stands to squeeze domestic fuel makers at a time when Americans are already facing record high pump prices....