BHP Dumps Canadian Diamond Mine
ThinkstockDiamond company Harry Winston Diamond Corp. (NYSE: HWD) has agreed to purchase the Ekati diamond mine from the Canadian subsidiary of BHP Billiton PLC (NYSE: BHP) for $500 million. BHP owns 80%…
ThinkstockDiamond company Harry Winston Diamond Corp. (NYSE: HWD) has agreed to purchase the Ekati diamond mine from the Canadian subsidiary of BHP Billiton PLC (NYSE: BHP) for $500 million. BHP owns 80%…
ThinkstockApollo Global Management LLC (NYSE: APO) this morning said it swung to a third-quarter profit from a year-ago net loss as its total assets under management rose 69%. The company also announced…
Shutterstock Inc. (NYSE: SSTK) and Realogy Holdings Corp. (NYSE: RLGY) have both debuted with strong openings on the day for each of the initial public offerings. In fact, both rose by double-digits at the…
The IPO market may have several winners that are up 50%, 100%, or more from their summer IPO prices, but the IPO game for Apollo Global Management, LLC (NYSE: APO) is not…
Best Buy Co. Inc. (NYSE: BBY) is still a buyout candidate. That is what Reuters has said in a report. Founder Richard Schulze and four named private equity firms have reportedly started…
Following a months-long auction process, E.I. du Pont de Nemours and Co. (NYSE: DD) has agreed to sell its performance coating unit (DPC) to the Carlyle Group (NASDAQ: CG) for $4.9 billion…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. Advanced Micro Devices. Inc. (NYSE: AMD) Maintained Neutral and cut target to…
As of late last week we had many potentially imminent buyouts that could have hit the market. When we were just finishing the report draft on Friday is when the Amylin Pharmaceuticals,…
Huntsman Corporation (NYSE: HUN) is rumored to be back in play. If you will recall, this was the subject of a private equity buyout back during the private equity bubble and its $6.5…
Carlyle Group (NASDAQ: CG) is originally being viewed as a mixed debut for an initial public offering. The market remains a bit cautious when it comes to investing into private equity outfits…
Pretty much as expected, the bidding for Great Wolf Resorts Inc. (NASDAQ: WOLF) is heating up. Last week the company got an offer from K-9 Acquisition Inc., an affiliate of Apollo Global…
In mid-March, private equity giant Apollo Global Management LLC (NYSE: APO) offered to acquire Great Wolf Resorts Inc. (NASDAQ: WOLF), owner of 11 water parks and resorts, for $5/share and the assumption…
The Ekati diamond mind in northern Canada could be about to change hands. BHP Billiton plc (NYSE: BHP), which owns 80% of the mine, is reportedly in discussions with several potential buyers,…
An affiliate of asset management giant Apollo Global Management LLC (NYSE: APO) has agreed to acquire water-park resort owner Great Wolf Resorts Inc. (NASDAQ: WOLF) for $5/share, or about $165 million in…
Jon OggEach weekend we review the many analyst calls we track during the week. Some turn out to be very insightful and some turn out to be not so great. For better…