Cerberus Capital Management

Supermarket chain Albertsons Cos. is preparing to proceed with an initial public offering that could value it around $19 billion, according to a Monday Wall Street Journal report that cited people familiar with the matter. Private equity investor Cerberus Capital Management,...

Shares of beauty product company Avon Products, Inc. (NYSE: AVP) gained 7 percent early Friday morning after The Wall Street Journal reported the company may be exploring a change in its structure. What Happened Avon sold an 80-percent stake of its North American business in 2016 to a private...

Ahead of Thursday’s scheduled shareholder vote, Rite Aid Corporation (NYSE: RAD) and Albertsons Companies mutually agreed to terminate their widely opposed, $24 billion merger. "While we believed in the merits of the combination with Albertsons, we have heard the views expressed by our...

With core business clearly deteriorating, Abercrombie & Fitch Co. (NYSE: ANF) bulls have been shifting their attention to recent market buyout rumors. Unfortunately, the M&A route may be a dead-end for Abercrombie as well, Morgan Stanley analyst Kimberly Greenberger said. Abercrombie just...

Abercrombie & Fitch Co. (NYSE: ANF) soared more than 12 percent Wednesday afternoon on a Dow Jones report that Cerberus Capital Management and American Eagle Outfitters (NYSE: AEO) were collaborating on a joint acquisition and intend to close a deal within a month. None of the involved parties...

Avon Products, Inc. (NYSE: AVP) announced on Monday that it has reached an agreement with an investor group led by Barrington Capital, including NuOrion Partners and other investors who own more than 3 percent of the company. As part of the agreement, Barrington Capital has been granted the right...

Avon Products, Inc. (NYSE: AVP) shares have declined 56.34 percent year-to-date, with the share price declining almost to the 52-week low on November 13 at $2.50. B. Riley analysts have maintained a Neutral rating on the company, with a price target of $3.30. The analysts expect the...

Avon Products, Inc. (NYSE: AVP) stock was surging 22.64 percent to $5.01 on Thursday's pre-market trading on the new Cerberus deal. The company announced that Cerberus Capital Management would purchase 80 percent of Avon Products North America. Cerberus will also invest $435 million for a nearly 17...

Futures Rise, Eyeing European Politics U.S. equity futures rose in early Monday trading as the S&P 500 closed last week at its highest level since 2007. Futures rose on hopes that European leaders would agree on new aid for Cyprus and reach new agreements on Greece's bailout. However, fears...