Carlyle Takes Control Of MAI In Multibillion Dollar Deal

The Carlyle Group Inc. (NASDAQ:CG) shares are up during Tuesday’s premarket session. Carlyle said Tuesday it will acquire a majority stake in MAI Capital Management in a deal valuing the firm at over $2.8 billion. Details Carlyle’s investment will strengthen MAI’s...

Dow Jumps 400 Points; TD Synnex Posts Upbeat Earnings

U.S. stocks traded higher this morning, with the Dow Jones index gaining around 400 points on Tuesday. Following the market opening Tuesday, the Dow traded up 0.90% to 45,625.16 while the NASDAQ rose 1.61% to 21,128.95. The S&P 500 also rose, gaining, 1.23% to...

FactSet Raises Outlook After Strong Quarter

FactSet Research Systems Inc. (NYSE:FDS) on Tuesday reported second-quarter sales of $611.02 million, surpassing analyst expectations of $604.51 million and representing a 7.1% year-over-year (Y/Y) gain. The company reported quarterly adjusted earnings per share...