Goldman Sachs Raises $2.5 Billion to Buy Stakes in Private-Equity Firms

Goldman Sachs raised $2.5 billion to buy minority stakes in private-equity firms, betting on an industry that is commanding increasing influence as more businesses choose to stay private longer.

 
Barclays CEO Raises Dividend to Appease Investors

Barclays Chief Executive Jes Staley pledged to more than double dividends at the loss-making British bank, as the U.S. executive looks to appease disgruntled shareholders.

 
Newell Adds New Directors Ahead of Proxy Fight With Starboard

Newell Brands, a conglomerate that makes everything from Elmer's glue to Mr. Coffee machines, is adding three new board members ahead of a proxy fight with an activist investor seeking to oust the entire board and chief executive.

 
Ford North America President Leaves Following Misconduct Allegations

Raj Nair, a top Ford executive, has been fired following misconduct allegations, the latest high-ranking leader to be shown the door amid broader scrutiny of workplace behavior in corporate America.

 
'Angry Birds' Maker's Shares Drop 45% After Revenue Warning

Shares in Rovio fell by more than 40% after the company behind "Angry Birds" missed fourth-quarter sales expectations and warned revenue would be flat or lower in 2018.

 
Anglo American Doubles Profit Amid Commodities Boom

Buoyed by booming commodity prices and lower costs, Anglo American doubled its net profit for 2017, slashed debt and said it would pay its highest dividend in a decade.

 
Mystery Buyer of New York's Priciest Home, Revealed

Dell Technologies founder Michael Dell quietly paid $100.47 million for a penthouse at Manhattan's One57, setting a record for the city.

 
Tempur Sealy Profit Falls on Canceled Mattress Firm Contracts

The bedding manufacturer said fourth-quarter net declined and overall revenue fell after it ended contracts with Mattress Firm.

 
BAE Warns of Flat 2018 Earnings

BAE Systems said that net profit fell 6.5% in 2017, as it guided for 2018 underlying earnings in line with those of last year.

 
Centrica Profit Slumps

Centrica said that pretax profit fell sharply in 2017 after the British Gas owner incurred several exceptional charges.

(END) Dow Jones Newswires

February 22, 2018 09:00 ET (14:00 GMT)

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