Tag: M&A

Deals and People April 30th, 2018

Hellman & Friedman Buying Financial Engines for $3.02 Billion

Hellman & Friedman, which owns Edelman Financial Services, will combine the two companies.

Yesterday, the Dow lost 126.93 points (0.50%) to finish at 25,317.41, the NASDAQ increased 19.60 points (0.26%) to 7,468.63, and the S&P 500 closed 11.90 points (0.43%) lower at 2,755.88. The Russell 2000 was down 2.54 points (0.16%) at 1,539.50, and the Wilshire 5000 decreased 115.94 points (0.41%) to 28,447.55.

The price of the 10-year Treasury note was down 1/32, increasing its yield to 3.199%. The price of the 30-year Treasury bond decreased 7/32, bringing its yield up to 3.390%.

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