Blackstone won’t bid for Dell. | Checks promise mortgage relief, only to bounce. | Rising bank profits tempt a push for tougher rules. | An unbowed but cautious Goldman. | Dish offers to buy Sprint, joining phone to TV service. | Penney has some persuading to do. | Price of gold takes flashy fall; other markets follow.
A look back on our reporting of the past week’s highs and lows in finance.
Anheuser-Busch Reaches Deal With Antitrust Regulators | The world’s largest brewing company received government approval for for its $20.1 billion deal to buy control of Grupo Modelo, the maker of Corona beer. DealBook »
Blackstone Drops Out of Bidding for Dell | The private equity giant decided to withdraw after discovering that the company’s business was deteriorating faster than it previously understood. DealBook »
Cerberus Owner Might Buy Its Gun-Making Group | Stephen A. Feinberg is said to be considering buying a gun maker that the firm promised to sell in the wake of the slaying in Newtown, Conn. DealBook »
Deal Professor: In Shareholder Fights, Activists Aim at Bigger Targets | Steven M. Davidoff says that shareholder activism is reaching further into corporate America, and the contests are much bigger and involve varied strategies. DealBook »
Dish Offers to Buy Sprint, Joining Phone to TV Service | Dish Network offered $25.5 billion for Sprint Nextel, saying a merger could roll television, high-speed Internet and cellphone services into a single package. DealBook »
News Analysis: Penney Has Some Persuading to Do | The troubled retail chain must convince its suppliers and others that it has a viable plan to recover from its financial difficulties. DealBook »
Morgan Stanley Reports Profit, but Investors Have Doubts | The bank reported a first-quarter profit of $1 billion, after a loss a year ago, but revenue from its fixed-income trading declined by 42 percent. DealBook »
2 Executives Depart in Management Shake-Up at Barclays | In an effort to distance itself from its former chief executive, the British bank is overhauling its leadership team. DealBook »
Bank of America Profit Misses Expectations | First-quarter earnings were substantially higher than in the period a year earlier. DealBook »
An Unbowed but Cautious Goldman | While its profits rose 5 percent from a year ago, the bank faces many market and regulatory challenges. DealBook »
Price of Gold Takes Flashy Fall; Other Markets Follow | The steep fall in gold led a broader sell-off across the markets. The S.& P. index declined the most in one day since early November. DealBook »
As Citigroup’s Profit Surges, Skittish Borrowers Hurt the Consumer Unit | Consumer loans and doing business in Asia and Latin America remain troublesome areas for the bank. DealBook »
Judge Approves Settlement With SAC Capital, but Voices Reservations | A judge conditionally approved a settlement between the hedge fund and securities regulators that allows the firm to pay a $602 million fine without admitting guilt. DealBook »
Pay Stretching to 10 Figures | A number of the hedge fund leaders who had giant paydays last year earned their riches the old-fashioned way: by posting big returns on their investments. DealBook »
Public Offering Values SeaWorld at $2.5 Billion | Blackstone, which paid about $2.3 billion for SeaWorld in 2009, is selling shares in the public offering but will retain control of the company. DealBook »
Shares of Fairway Jump 33% in Their First Day of Trading | The grocery store chain, which remains controlled by the private equity firm Sterling Investment Partners, is hoping investors will get behind its plans to expand. DealBook »
Fairway, New York Grocery With Big Ambitions, Goes Public | Fairway, with 12 stores in the New York area, has intentions of opening 300 outlets across the country. DealBook »
Checks Promise Mortgage Relief, Only to Bounce | Some checks to troubled homeowners bounced after they were issued by the consulting company hired to distribute settlement payments. DealBook »
News Analysis: Rising Bank Profits Tempt a Push for Tougher Rules | Steady earnings growth on Wall Street could embolden the lawmakers and regulators who want to overhaul the banking system. DealBook »
Settling a Billing Dispute, a Law Firm Denounces In-House ‘E-Mail Humor’ | The firm settled out of court with a client who accused it of overbilling in a case where internal lawyers’ e-mails suggested a lax attitude toward the size of the bill. DealBook »
The Trade: Economic Revival Efforts Lead to Worries of a Bubble | Through its unconventional policies, the Federal Reserve is trying to ease the crisis. Instead, Jesse Eisinger of ProPublica says that it has kindled speculation. DealBook »
Money Funds Likely to Face Rule Changes | An S.E.C. spokesman, John Nester, said that “the staff expects to have something for the commission’s consideration in the near future.†DealBook »
Home and the National Anthem | Bruins fans sang The Star-Spangled Banner in an emotional pre-game ceremony. YouTube »
