Spring Is in the Air for Retail M&A

Retailers are getting back to business after the recession and showing stronger earnings, making them attractive targets for private equity investors — and each other.
Continue reading Spring Is in the Air for…

GE Agrees to Buy Wellstream for $1.3 Billion

General Electric Co. (GE) will buy Wellstream Holdings Plc (WSM), a British oilfield-services provider focused on the Brazilian market, for 800 million pounds ($1.3 billion).

The deal is worth 786 pence per share of Wellstream, including a 6 pence sp…

Retail Stocks That Can Thrive in a Down Economy

Fund manager Neil Hennessy believes investors should target retail stocks that are likely to thrive in slow-growth economic conditions — but which also stand to benefit when the economy picks up again. Here are some of his fav…