Bain Capital

Tempur-Pedic International Inc. (NYSE: TPX) is spiking approximately 5% after sources are saying private-equity firm Advent International has emerged as the likely buyer of National Bedding Co., a maker of Serta brand mattresses, for around $3 billion, according to Dow Jones. Sources are also...

Henry Kravis, co-founder of KKR (NYSE: KKR), spoke to CNBC Wednesday. Kravis discussed the election, the state of private equity and the global economy. Kravis defended private equity and small business, saying that his firm never left a company saddled with debt. Recently, private equity has...

Private equity firm Bain Capital, and its actions during its first 15 years, have come under increasing scrutiny as a result of Mitt Romney's 2012 presidential campaign. Romney was one of the firm's founders, and he has said that he was an executive of Bain Capital until 1999, although SEC...

The first Friday of June is National Doughnut Day in the United States. The event was created by the Salvation Army in 1938 as a fund raiser and to honor women who served donuts to soldiers during World War I. Some independent doughnut shops and large national franchises, such as Dunkin' Donuts and...

Privately owned Michaels Stores reported that its fiscal first-quarter earnings nearly tripled due to lower expenses and improved sales and margins. For the three months that ended in April, Michaels posted earnings of $37 million, compared to $13 million a year earlier. Revenues grew 5.7% to $953...

Children's retail names are surging this morning, after Bain Capital agreed to buy Gymboree Corp. (NASDAQ: GYMB) for $65.40 per share in an all cash deal. This values to company at over $1.8 billion. Some other names moving in sympathy include The Children's Place Retail Stores, Inc. (NASDAQ: PLCE...

Royal Bank of Scotland (NYSE: RBS) has whittled down the list of bidders for its global Merchant Services unit. The processing firm is worth approximately $4.6 billion. Royal Bank of Scotland (RBS) had received interests from 10 buyout and trade firms. The bank is expected to pare down the list to...