Global business: Blackstone courts bold trades for fund, Citi unit ex...

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/73UJGG/HI68YA/VYIL96/8ANBW9/   Global Business Friday May 17 2013 How useful are FT email briefings to you and what can we do to improve them? Take our short survey Companies news and analysis - FT.com   Blackstone courts bold trades for fund The vehicle will invite managers with whom it already invests via its $48bn fund of funds platform to submit their boldest ideas in return for a fee http://link.ft.com/r/73UJGG/DX3IEF/KEOMFH/AMVVTG/RP5M8P/UP/h?a1=2013&a2=5&a3=17   Citi unit exits Bloomberg chat groups US bank highlights concerns over online security, with the financial data provider under fire amid fears its journalists accessed private details http://link.ft.com/r/73UJGG/DX3IEF/KEOMFH/AMVVTG/K9C0PX/UP/h?a1=2013&a2=5&a3=17   Dell earnings fall short of expectations Michael Dell's $24.4bn buyout bid with the Silver Lake private equity group comes as PC demand continues to show a sharp decline http://link.ft.com/r/73UJGG/DX3IEF/KEOMFH/AMVVTG/LSVC1E/UP/h?a1=2013&a2=5&a3=17   S&P downgrades Berkshire Hathaway Rating agency says it maintained its AA+ insurance financial strength rating on Berkshire's core subsidiaries, but that the outlook on all ratings was negative http://link.ft.com/r/73UJGG/DX3IEF/KEOMFH/AMVVTG/RP5MGZ/UP/h?a1=2013&a2=5&a3=17   Walmart suffers as US sales drop Net sales of $113bn for the quarter at the discount chain fell short of the retailer's $116bn consensus forecast, sending shares lower http://link.ft.com/r/73UJGG/DX3IEF/KEOMFH/AMVVTG/WHDKCR/UP/h?a1=2013&a2=5&a3=17   Caterpillar settles with former ERA owners The US group secures a $135m reduction to the purchase price of the Chinese group it bought in 2012, following writedown in January http://link.ft.com/r/73UJGG/DX3IEF/KEOMFH/AMVVTG/SU458Y/UP/h?a1=2013&a2=5&a3=17   Hayward resurfaces from the depths His appointment as interim chairman of Glencore Xstrata marks a remarkable change of fortune after being hit by the BP Macondo well disaster http://link.ft.com/r/73UJGG/DX3IEF/KEOMFH/AMVVTG/CWTLQT/UP/h?a1=2013&a2=5&a3=17   M&S chief's bonus at risk for third year Chief is unlikely to receive a full payout as the retailer is expected to soon announce a fall in underlying pre-tax profit in the year to March 31 http://link.ft.com/r/73UJGG/DX3IEF/KEOMFH/AMVVTG/YGIY2U/UP/h?a1=2013&a2=5&a3=17   JC Penney chief vows to win back customers Ullman suggested predecessor had been wrong to shift from core customers – middle-aged Americans on tight budgets – in favour of younger shoppers http://link.ft.com/r/73UJGG/DX3IEF/KEOMFH/AMVVTG/OFZATM/UP/h?a1=2013&a2=5&a3=17   BNP US trader left after large loss Lionel Crassier, the then New York-based US head of equities, left the French lender last year after a loss of between $10m and $25m http://link.ft.com/r/73UJGG/DX3IEF/KEOMFH/AMVVTG/Q3M7GU/UP/h?a1=2013&a2=5&a3=17   In depth - FT.com Austerity Europe Libor scandal Bank bonuses Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds Subscribe to FT.com     © THE FINANCIAL TIMES LTD 2013 ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page. FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help This email was sent by or on behalf of a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723..