Carlyle and Apollo Find Selling Is Easy; Buying, Not So Much

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Carlyle Group LP and Apollo Global Management LLC reported second-quarter results Wednesday showing that, while it is a sellers’ market for private-equity holdings, the firms continue to face challenges making new investments.

Stock, Bond Investors Cheer Fed's Statement

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A measured Fed policy statement reaffirmed expectations that the central bank will move cautiously on interest rates, shoring up demand for stocks and government bonds.

Nintendo Scores Profit; No Word on Successor to Iwata

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Nintendo swung to a first-quarter profit but didn’t provide an update on who will succeed Satoru Iwata, who died of cancer earlier this month, as president.

U.S. Probes Former UBS Puerto Rico Adviser Over Loans

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UBS confirmed a Justice Department criminal probe of an unnamed former employee in Puerto Rico, and disclosed a pair of related investigations by other regulators.

Sugar Industry Sour on Trade Talks

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High-level talks to wrap up a 12-nation Pacific trade pact have put one set of Hawaii’s locals on edge: Maui’s sugar cane operation, which is concerned that U.S. concessions to growers in other countries could hurt its business model.

Fed Preps Careful Path for Rate Hike

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The Federal Reserve kept rates near zero but cited progress in the U.S. job market, a sign it remains on course to raise interest rates in September or later this year.

Investors Need to Check Peugeot's Speed

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Peugeot has done well in cutting costs and maintaining pricing discipline. But the outlook is getting tougher for the French carmaker.

Barclays Returns More Mysterious Than Bankable

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Barclays was expected to explain how it will hit higher return targets in its latest set of results, but detail is still lacking.

Singapore Sovereign-Wealth Fund Expects Lower Returns

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Singapore’s sovereign-wealth fund warns that it expects lower returns over the next five to 10 years because of the stalled global economy.

Mixed Signals on U.S. Oil Output

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Investors, traders and executives who rely on federal data from the Energy Information Administration are tripping over conflicting images of U.S. production that have emerged from separate EIA reports in recent months.

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