slowdown news from FierceFinance
News
Richard Bove: Sell Goldman Sachs
Analyst Richard Bove has reiterated his sell recommendation on Goldman Sachs and cut his earnings estimates. For the year ending November 30, he now predicts $14.16 per Read more...
Recovery in leveraged loan market?
IDD reports that the syndicated loan market is still struggling. A big part of that is the on-going drought in leveraged loan issuance, which reflects largely the slowdown in LBO activity. New Read more...
Citigroup analysts: Slowdown in M&A a good thing
This might get you punched in some offices: The current slowdown in deal making is a healthy thing. The case is really not hard to make, and Citigroup has made it well, Read more...
Small deal market still thriving
The plunge in financial sponsor activity fortunately has not proven contagious for really small deal makers. While big and mid-market deals continue to fall, those worth less than $100 million Read more...
Leveraged deals in perspective
The current slowdown in the leveraged deals environment is starting to take on historic proportions. The Financial Times notes data from Thomson Financial showing that the announced deal volume in Read more...
Not surprising private equity returns slow
No one should be all that surprised that private equity returns slowed a bit toward the end of the year. In the third quarter, the slowdown was spread across all classes, buyout, venture capital, Read more...
Bain Capital wraps up massive fund raising effort
Financial News Online notes that Bain Capital is wrapping up a new $20 billion buyout fund. The slowdown in the industry apparently has Read more...
Private equity firms are flush with cash
The deal slowdown is coming at tough time for private equity firms. Despite the turmoil at the end of the year, 2007 was a banner year for fund raising. Last year, 415 U.S. funds raised $302 billion. Read more...
SPOTLIGHT: End-of-year Credit Freeze
Investment Dealers' Digest notes that the normal end-of-year slowdown in the credit markets may end up an outright freeze this year. Read more...
Event-driven funds take their lumps
Activist hedge funds have been hit hard by the slowdown in the private equity industry. November in fact was nothing short of a debacle. The Financial Times notes the event-driven sector had dropped Read more...