Campbell Soup Co. and Blackstone Group LP (BX) made bids for natural juice maker WM Bolthouse Farms Inc., according to people with knowledge of the matter.
First-round offers, which were due April 27, also came from other private-equity firms, said one of the people, who declined to be identified because the deliberations are private. Bids submitted to Madison Dearborn Partners LLC, the Chicago-based private-equity firm that owns Bolthouse Farms, came in higher than [...]
US retail sales rose less than expected over the holidays while new jobless claims climbed to a six-week high, underlining the slow pace of recovery from recession.
Retail sales increased 0.1 per cent in December to $400.6bn, missing forecasts of a 0.3 per cent rise and logging the weakest growth since last May, according to a commerce department report.
Separately, first-time claims for unemployment benefits rose to 399,000. Economists say claims need [...]
By Annaly Capital Management
Lost in the headlines over the state of the expense side of municipal finances is the fact that tax revenues are rising at the state and local level.
The U.S. Census Bureau tracks the various line items of receipts for governments, and the news is that in the third quarter of 2010 on a year-over-year basis total tax receipts were up 5.2%, from [...]