When Blackstone BX -1.61%decrease; down pointing triangle bought a majority stake in Jersey Mike’s Subs early last year for about $6 billion plus debt, the private-equity firm didn’t want to mess with the
By Heard on the Street Staff This is an edition of the Markets P.M. newsletter, a recap of the day’s most important markets moves, delivered after the closing bell. If you’re not
The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 1647 ET – Microsoft gains 3.2% in after-hours trading, as the company’s report of 18% revenue growth in
The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 1512 ET – Oil futures bounce back from a three-session slide on resumed military strikes after Iran fired
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 1622 ET – Robinhood Markets reports 44% growth in transaction-based revenues, no thanks to cryptocurrency. Within the segment, revenue from cryptocurrency
Kevin Warsh is settling into his chairmanship of the Federal Reserve, and his message after this week’s Federal Open Market Committee meeting is that he sees early signs his method is working. He has
The latest Market Talks covering Basic Materials. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0553 ET – Valterra Platinum posted a solid beat to first-half earnings and remains a top pick for investors
The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 1146 GMT – Porsche results are strong, driven by higher sales of its 911 models and lower-than-expected
The latest Market Talks covering the Health Care sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0608 GMT – EssilorLuxottica’s investment case remains a balancing act, analysts at Bernstein say. The Franco-Italian
SANTA FE, N.M.—In a beige office park on the edge of town not far from a Walmart, waves of oil-and-gas money are crashing on Jon Clark’s desk. A flood of $7.6 billion arrived
