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Carlyle Group co-founder and Managing Director David Rubenstein

Carlyle Group Puts $7B Price Tag on Itself, Less Than Expected

Closely-held private equity giant The Carlyle Group will be putting a valuing itself somewhere in the vicinity of $7 billion during an upcoming initial public offering, the Wall Street Journal reported late Sunday, a conservative assesment that takes into account some very recent developments in the private equity and IPO worlds.
Russian Prime Minister Putin and Exxon CEO Tillerson look on at a signing ceremony in the Black Sea resort of Sochi

Exxon, Rosneft To Cement Historic Energy Deal

Exxon Mobil Corporation (NYSE: XOM) and Rosneft (LON: ROSN) are expected to cement a historic deal on Monday that would allow Exxon access to Russia's Arctic reserves and catapult Rosneft on the global energy stage by granting it entry into North America, reported Reuters, citing sources familiar with the matter.
tax

Tax Day Freebies 2012: 14 Free Offers and Deals for Tax Payers Until IRS Deadline on April 17

Tuesday, April 17, 2012 is Tax Day, marking the deadline for filing federal taxes with the Internal Revenue Service (IRS). While the day can be stressful, many companies offer free or discounted merchandise on Tax Day, which can subside some of the anger procrastinators can be feeling while squeaking through the deadline. Here is a list of some of the freebies you can snag on Tax Day 2012.
Citigroup

Citigroup Narrowly Misses Analyst Earnings Expectations

Citigroup Inc. (NYSE: C) kicked off Monday morning by announcing underwhelming first-quarter earnings that narrowly missed analyst expectations on both profit and revenue. The New York-based banking giant reported earnings of $2.93 billion, or 95 cents per share on revenues of $19.41 billion. Earnings a year ago had been reported as $3 billion, or $1 a share, on revenues of $19.73 billion. Analysts had expected earnings to be flat from year-ago results.
Henry Kravis of KKR & Co. L.P.

KKR To List MMI International On Singapore Exchange

KKR & Co. L.P. (NYSE: KKR), a global private equity company, plans to list precision engineering components manufacturer MMI International on the Singapore Exchange, reported the Dow Jones Newswires, citing three people familiar with the matter, as financial market conditions stabilize on the island nation.
Cienega silver mine

Fortuna Posts Higher Q1 Silver Production

Fortuna Silver Mines (FVI.TSX, NYSE: FSM) said silver production at its Mexico and Peru silver mines more than doubled in the first quarter as it mined higher grade ore from reserves in newly opened production level.
Samsung logo

Samsung Galaxy S3 Release Date: Invitation Sent For May 3 Press Event In London (Specs Roundup)

It has been reported that Samsung has sent invitations for the first press meet stating that the next Galaxy smartphone will be announced on May 3. Check out the final illustration of the rumored features which include Ceramic Body, 4.65 inch screen with Super AMOLED HD panel with 1280×720-pixel resolution, 5-Column Modified UI, Ice Cream Sandwich OS, TouchWiz 5.0, 12 MP camera, 4G LTE and Wireless Charging.

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