Bain Capital to Buy Gymboree for $1.8 Billion

Children’s clothing retailer Gymboree (GYMB) has agreed to be acquired by private-equity firm Bain Capital Partners for $1.8 billion in an all-cash deal, the companies said Monday.

Bain’s offer values Gymboree stock at $65.40 a share, a 24% premium t…

Why It’s a Mistake to Rely on TV’s Stock Market Gurus

The financial media loves to pluck struggling analysts from obscurity and propel them to fame on the backs of a few good calls, then shoot them full of arrows at them when their predictions start to fail. And inevitably, those …

Goldman to Microsoft: Here’s What Needs to Change

The investment firm wants to see Steve Ballmer & Co. jack up the dividend, design a coherent consumer strategy and lead in cloud computing. The launch of Windows Phone 7 will be a key indicator.
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Gymboree Hires Goldman Sachs to Auction Itself Off

After seeing interest from potential buyers, children’s clothing retailer Gymboree has hired Goldman Sachs to auction itself off, and more private-equity firms have already stepped in to say they want to play. Gymboree executiv…

Goldman Sued by German Bank Over Mortgage-Backed Securities

Goldman Sachs Group (GS) was sued by German bank Landesbank Baden-Wuerttemberg for allegedly mis-representing the credit quality of its mortgage-backed securities.

The German bank ended up posting a $37 million loss on the investment.

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Goldman was the placement agent for a mortgage-backed security called Davis Square Funding VI, Bloomberg News said. Thirty-three percent of the…

Continue reading Goldman Sued by German Bank Over Mortgage-Backed Securities

Goldman Sued by German Bank Over Mortgage-Backed Securities originally appeared on DailyFinance on Tue, 05 Oct 2010 07:43:00.

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