Blackstone Alternative Asset Management (“BAAM”), Blackstone’s hedge
fund solutions business, and NWI Management, LP (“NWI”), a global macro
hedge fund, launched Blackstone NWI Asset Management L.L.C. (“BNAM”), a
new asset manager jointly owned by the two firms.
Today, Archer Daniels Midland Company (NYSE: ADM) officially opened the
sweetener-manufacturing portion of its integrated food manufacturing
complex with a ribbon-cutting ceremony at the port of Tianjin in North
China, on the Yellow Sea.
Surgical Inc. ™ (RTI) (Nasdaq: RTIX), a leading
global surgical implant company, announced that The Journal of Spinal
Disorders & Techniques published a study online highlighting nanOss ®
clinical data results.
By Jennifer Booton, MarketWatch Cisco earnings on tap after the market closes on Wednesday
NEW YORK (MarketWatch) -- Cisco Systems Inc. is expected to reveal a tough quarter when it reports first-quarter earnings after market close on Wednesday, as the broader service provider industry suffers a slowdown.
With polar-like conditions predicted to bring frigid temperatures to the
Commonwealth later this week, Pennsylvania American Water today advised
homeowners to prepare now to prevent frozen and damaged household pipes.
Systems, Inc. (NASDAQ:NTCT), today announced the release of its
next-generation nGenius UC Performance Management Solution, consisting
of the nGeniusONE™ platform with a specialized unified communications
(UC) service monitor and a fully integrated, add-on UC Server module.
Viacom Inc. (NASDAQ:VIAB, VIA) and Frontier Communications Corporation
(NASDAQ:FTR) today announced a long-term renewal of their carriage
agreement, which includes multiplatform rights for 27 Viacom networks as
well as for premium network EPIX.
By Wallace Witkowski, MarketWatch Cisco and J.C. Penney report after the close of Wednesday trade
NEW YORK (MarketWatch) -- These are the stocks making notable moves in the market on Wednesday:
BB&T Corp.(BBT) stock was off some 5.5% in the premarket after it announced a deal to purchase Susquehanna Banchares Inc.(SUSQ)Shares of Susquehanna meanwhile jumped 31%.
SeaWorld Entertainment Inc.'s (SEAS) stock was down nearly 6% in the premarket Wednesday after the theme-park operator disappointed the industry's expectations for third-quarter results.
By Anora Mahmudova and Barbara Kollmeyer, MarketWatch Strategist: 2,040 proving a tough barrier for the S&P 500
NEW YORK (MarketWatch) -- Stock futures fell Wednesday, an indicator that major indexes might struggle to log a sixth consecutive session of record highs as European stocks and oil prices fall.
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