Qatalyst Partners posts

Feed

Palm Looking for Buyer

Palm (PALM) shares are up over 8% in premarket trading after Bloomberg reported the struggling smartphone maker has hired investment bankers Goldman Sachs and Qatalyst Partners to take bids for the company, according to "people familiar with the situation."

Palm faces an over-saturated market thanks to Apple (AAPL) and Research in Motion (RIMM). It has lost market share hand over fist to its two more-successful rivals. Fundamentally, the company may not offer inferior products to its two rivals, but Palm's latest smartphone is widely considered a flop compared to RIMM's and Apple's offerings. I am not saying that Palm's products are worse than Apple's and RIMM's, but perception can become reality, especially on Palm's bottom line.

Continue reading Palm Looking for Buyer

Frank Quattrone is back!

Some scandals wreck public figures on Wall Street, while others act as mere speed bumps. It looks like the latter is true for Frank Quattrone, one of the most influential investment bankers in the 1990's who was also the head of the Credits Suisse (NYSE: CS) technology banking group.

Frank Quattrone has just announced that he and some former colleagues are launching a new financial services venture called Qatalyst Group. Qatalyst will be a technology-focused merchant banking boutique headquartered in San Francisco, CA.

Qatalyst Partners, its investment banking business, will provide high-end merger & acquisition and corporate finance advice to technology companies. Its investing business, Qatalyst Capital Partners, will make selective principal investments, typically alongside leading venture capital and private equity firms.

Continue reading Frank Quattrone is back!

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 12, 2012: 09:36 AM

Hot Stocks

General Electric

18.875-0.255(-1.33)

Alcoa

10.29-0.35(-3.29)

Apple Inc

493.42+0.25(+0.05)

Google Inc 'A'

605.91-5.55(-0.91)

Bank of America

8.07-0.11(-1.34)

Wal-Mart Stores

61.90-0.06(-0.10)

Exxon Mobil Corp

83.80-1.08(-1.27)

Ford

12.44-0.25(-1.97)

Citigroup

32.925-0.735(-2.18)

IBM

192.42-0.71(-0.37)

Yahoo

16.14+0.14(+0.88)

Starbucks

48.82-0.38(-0.77)

Microsoft

30.495-0.275(-0.89)

Home Depot

45.33+0.06(+0.13)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

Page Loaded in 1329057369148 ms.