Brandon Freiman was sizing up water investments for KKR & Co.’s $4.6 billion infrastructure fund in 2011 when he came across a debt-burdened New Jersey city that Tony Soprano skirts by to open the Time Warner Inc. HBO series.
Molycorp Inc., owner of the largest rare-earth deposit outside China, fell 14 percent after cutting its 2011 production forecast and posting third-quarter profit and revenue that missed analysts’ estimates.
A shooting that left three people wounded on a college campus near Houston may add fuel to the U.S. debate over tighter limits on firearms, which took on new life after the Newtown, Connecticut, elementary-school massacre.
Bank of America Corp. is among a group of lenders that may face a wave of new lawsuits claiming cash-strapped counties were cheated out of millions of dollars by a system used for more than a decade to register mortgages.
Hess Corp.’s shareholder revolt is taking aim at long-time directors with close ties to the company’s founding family, including two executors of the estate of Leon Hess, who led the oil producer for six decades.