20 Jan Finance & Markets: The Week in Review
On the financial sector radar this week: Axial CEO Peter Lehrman predicts that financial firms will show more activity in 2016. Meanwhile, Airbus partners with Uber to provide on-demand helicopter service.
- Investors should watch these potential trends in 2016.
- Health care data providers are becoming attractive targets due to the Affordable Health Care Act.
- Banks are curbing lending for leveraged buyouts after junk debt markets tank.
- Sponsor-backed IPOs suffer in “bruising” stock market sell-off.
- Investors look elsewhere amid declining dividend recaps.
- Political candidates say they support cutting favorable tax treatment of carried interest.
- Univision invests in satire by buying a stake in The Onion.
- Uber receives $2 billion in investments from China.
- Computer and printer manufacturer Lexmark is among the 6 top companies looking for a buyer.
- Ardrian European Infrastructure Fund eyes infrastructure investments in the U.S.
- Tennenbaum Capital Partners earmarks $730 million for a special situations fund.
- Los Angeles Fire and Police Pensions commits $55 million across three private equity funds.
This Day In History (Jan. 21): 1948: The collapse of the anti-Communist government in China paves the way for Communist forces to take over, sending shockwaves through worldwide markets. The Chinese demand for American goods is diminished for several years.