investment

The coronavirus crisis is fueling a craze for blank-check companies, and the billionaire owners of pro sports teams are cashing in. On Monday, Buffalo Bills owner Terry Pegula said in a securities filing he’s aiming to raise $300 million by selling shares in East Resources Acquisition Co., a blank-check company that’s looking to scoop up …

Private equity firm Carlyle Group’s abrupt decision to pull out of a $450 million investment in American Express’ troubled travel agency business could help it save a foundering new investment strategy, The Post has learned. The $195 billion Washington, DC, firm last week said it would be bowing out of plans to buy a 20 …

The oil market may look like a dollar-store clearance rack — but that doesn’t mean investors should buy up barrels like they’re out-of-season Easter candy. Rock-bottom prices have piqued the interest of would-be oil barons who furiously googled tips this week on how to bet on crude. They could usually do that through exchange-traded funds …

NBCUniversal has sold a $178 million stake in stationary-bike company Peloton, whose shares have lately been surging because of the coronavirus crisis. The Comcast-owned broadcaster — an early investor in Peloton, which went public last September — has been looking at its portfolio of investments as it seeks to shore up its cash reserves amid …

A New York investment firm pitched wealthy investors in recent days on a way to make returns of 22 percent to 175 percent using US government programs designed to help Americans keep their jobs and boost the coronavirus-stricken economy, according to a marketing document seen by Reuters. Following questions posed by Reuters, Arcadia Investment Partners, …

It’s a wild ride, but just hang on. Investors can survive and eventually prosper despite the horrific pandemic-driven stock market gyrations we are experiencing, investment professionals say. “Don’t panic. Never in my near-40-year career have I once heard someone say, ‘Gee, I’m glad I panicked,’ ” said Richard Bernstein, a longtime financial adviser with his own …