- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Inside sources say that the network equipment supplier Alcatel-Lucent (NYSE:ALU) is in discussions with Goldman Sachs Group (NYSE:GS) in regards to a loan through which to reinforce the company’s unprofitable balance sheet. Terms under talks concern the bank awarding Alcatel-Lucent funding of an unreported amount while the firm would be required offer some assets as collateral. The sources added that an agreement has not yet been finalized.
Catalysts are critical to discovering winning stocks. Check out our newest CHEAT SHEET stock picks now.
The top worldwide investment company Kohlberg Kravis Roberts & Co. (NYSE: KKR) will purchase Alliant Insurance Services, the largest specialty insurance brokerage company, from The Blackstone Group (NYSE: BX). The financials of the transaction were not reported. The management team and employees of Alliant own about 45 percent of the firm and will roll over a significant portion of their investment upon completion of the deal.
Don’t Miss: Too Big to Fail: AIG Continues Global Expansion.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.