Outstanding communication with the investment  community. http://ir.restorationhardware.com/events/event-details/rh-1q18-earnings-qa-conference-call-june-11-2018-200-pm-pt

Industrial conglomerate plans to focus on power and aviation divisions; another dividend cut is likely General Electric’s health-care unit, which makes hospital equipment like baby incubators and MRI machines, had $19 billion in revenue last year. PHOTO: JOHN HART/ASSOCIATED PRESS By Thomas Gryta Updated June 26, 2018 9:27 a.m. ET 55 COMMENTS General Electric Co. GE +7.10% will spin off its health-care […]

The company is accusing New York City lawmakers of being paid off by the hotel industry, days before a crucial hearing. By Shirin Ghaffary  Jun 22, 2018, 7:00am EDT Airbnb is stepping up its ongoing battle with New York City, days before a crucial hearing that it says could limit the company’s prospects in one of its […]

Ex-bankers from Goldman Sachs, JPMorgan hang out shingles to advise companies on securities offerings Vijay Culas, a former Goldman Sachs banker, advises companies on complex stock-related transactions. PHOTO: JASON HENRY FOR THE WALL STREET JOURNAL By Maureen Farrell and Liz Hoffman Updated June 25, 2018 1:04 p.m. ET 9 COMMENTS When Twitter Inc. TWTR -4.08% was looking to raise $1 billion from investors earlier this […]

(Reuters) – Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet company’s efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com. The two companies described the investment announced on Monday as one piece of a broader partnership that will include the promotion of JD.com […]

June 20, 201 By Kirk Falconer © 2018 Baxters Canada An investor group led by Canadian private equity firm Champlain Financial Corp has agreed to acquire Baxters Canada Inc, a Saint-Hyacinthe, Québec-based maker of canned soups and sauces. The deal’s value was not disclosed. Fonds de solidarité FTQ, Fondaction and Investissement Québec, Champlain’s partners, are each committing $8 million. Baxters Canada was formerly an affiliate of […]

May 25, 2018  Kirk Falconer   Public Sector Pension Investment Board, one of Canada’s largest and fastest growing pension systems, is doing more direct deals as part of a strategy intended to transform its approach to private equity and infrastructure investing. Over two-plus years, PSP Investments has deployed billions of dollars to a series of […]

   Private equity-backed sales throughout Europe fell by nearly a third in the first six months of 2018, as dealmakers opted for smaller buyouts over larger transactions. While total sales across Europe fell to €39.9bn in H1 2018 from €56.9bn in H2 2017, the number of private equity-backed transactions in the sub-€10m enterprise value (EV) […]

    June 13, 2018 By Reuters News Adyen, (ADYEN_w.AS), which processes payments for Netflix (NFLX.O), Facebook(FB.O) and eBay (EBAY.O), saw its value double to $17 billion in a market debut on Wednesday reminiscent of the 1999 tech bubble. After a highly sought initial public offering, shares in the Dutch company had been priced on Tuesday at 240 euros, the top […]

The Bank for International Settlements isn’t exactly a household name. Based in Basel, Switzerland, and founded nearly 90 years ago, it’s the central bank of the world’s central banks, fostering cross-border capital flows and monetary policy cooperation. But it’s also the home of some of the best independent research on the macroeconomy. And it’s surprisingly […]

Kate Clark June 21, 2018 Roblox, a user-generated gaming company with more than 60 million monthly active users, has authorized the sale of up to $150 million in shares, PitchBook has learned. The terms of the deal have not been announced and are subject to change. We’ve reached out to the company for comment and are […]

  22nd June, 2018 by Amy Hopkins Edrington is set to put its Cutty Sark and Glenturret Scotch whisky brands up for sale in a drive to hone the group’s premium focus. Glenturret is home to The Famous Grouse Experience The sale will include the Glenturret distillery – which is thought to be Scotland’s oldest […]

U.K.’s Ocado has mastered automated fresh food delivery and Kroger quickly took the lead in the U.S. by hiring them By Stephen Wilmot June 22, 2018 5:30 a.m. ET 13 COMMENTS Amazon and Walmart WMT +0.58% have invested billions in e-commerce. Yet with one deal, Kroger KR +3.41% took the lead in grocery delivery. Expect the two retail giants to fight back. Americans currently […]

There are even some gold bulls wondering if the precious metal’s yearslong rebound is ending Tough WeekGold’s worst five-day stretch in almost a year has sent prices to their lowest level of 2018.Source: WSJ Market Data GroupNote: Front-month Comex futures .a troy ounceJan. ’18Feb.MarchAprilMayJune1,2601,2701,2801,2901,3001,3101,3201,3301,3401,3501,360$1,370 By Amrith Ramkumar June 22, 2018 11:18 a.m. ET Gold slumped nearly […]

Andrew Burton / Getty When tech companies need to raise money, they typically issue stock — either in the public or private markets — or borrow money through debt. But this year, they’ve increasingly opted for a middle ground: Convertible bonds. These let companies raise cash at lower interest rates without immediately issuing stock and […]

Web.com Group Inc, a provider of internet domain name registration services, said on Thursday an affiliate of private equity firm Siris Capital would buy the company for about $2 billion in cash. Shares of the company, which also helps businesses build websites, rose 8 percent in premarket trading, matching the offer price of $25 per share. The […]

Toronto-based restaurant point-of-sale software provider TouchBistro has closed a C$72 million Series D financing. The round, which brings the company’s total funding to date to C$117 million, was led by OMERS Ventures and JPMorgan Chase. They were joined by Napier Park Financial Partners, Recruit Holdings Co Ltd, BDC Capital‘s IT Venture Fund and Relay Ventures, all of which backed last year’s C$16.3 million Series […]

JUN 18, 2018 12:38PM PT Private Equity Pumped Billions Into Dozens of Shoe Brands — Then They Went Bankrupt By Sheena Butler-Young CREDIT: SUMANA GOSH-WITHERSPOON One by one, they fell down. In the past three years,
 a slew of familiar and beloved staples — Sports Authority, Payless ShoeSource, Sports Chalet, Aerosoles and many 
of their peers — flocked to […]

Match Group, a massive online dating conglomerate, acquired Hinge today in a deal that gives the company a 51 percent stake in the app. Hinge initially marketed itself as a more welcoming version of Tinder in which users could only see potential matches who shared a mutual Facebook friend. The company then redesigned its app to get […]

Molson Coors today announced the acquisition of California-based Clearly Kombucha, marking the multinational brewing company’s first purchase of a non-alcoholic beverage brand. Terms of the transaction, which closed on June 1, were not disclosed. The deal was led by TAP Ventures, a division within Molson Coors’ enterprise growth unit that launched last year and is tasked with […]

By Nicholas Neveling – 5th June 2018 The most successful private equity exits are achieved by companies that overhaul their management teams during the investment cycle, according to data from executive search firm Drax. In its Drax Leadership Insights Report 2018, the headhunter found that 73 per cent of the private-equity backed companies achieving the best exits in […]

Starbucks to Close More Stores Amid Glut of Coffee Shops Company also is increasing its dividend and share-buyback program A Starbucks shop in Brooklyn, N.Y., last month. PHOTO: LUCAS JACKSON/REUTERS By Julie Jargon June 19, 2018 6:40 p.m. ET Starbucks Corp. SBUX -7.85% said it will close more coffee shops in the increasingly crowded U.S. market where it was a pioneer. […]

  M&A 101: What investment bankers do in mergers and acquisitions Adam Putz June 04, 2018 Giovanna Burns, a VP with Meridian Capital, plays an essential role in transaction execution and supports the Seattle-based firm’s business development initiatives. She has provided advisory services to middle-market companies across various industries on transactions including buy-side and sell-side engagements, […]

Lionsgate has acquired a majority of 3 Arts Entertainment. Financial terms weren’t announced. 3 Arts is an entertainment company and content provider. 3 Arts’s TV shows including 30 Rock, The Office and Brooklyn Nine Nine. The deal was negotiated for Lionsgate by Television Group COO Laura Kennedy.  The studio was represented by Robert Haymer of Latham & Watkins LLP.  […]

Polaris Industries Inc has agreed to acquire Elkhart, Indiana-based boat manufacturer Boat Holdings LLC for about $805 million. Boat Holdings’ owners include Balmoral Funds and the Vogel family. The deal is expected to close in the third quarter of 2018. Goldman Sachs was financial adviser to Polaris while Stephens Inc provided financial advice to Boat […]