Why the Hilton IPO Will Be So Important
Hilton may be back as a public company, perhaps sooner rather than later. There have been many media reports around this on Thursday, but as your money matters to us we think…
Hilton may be back as a public company, perhaps sooner rather than later. There have been many media reports around this on Thursday, but as your money matters to us we think…
Blackstone Group L.P. (NYSE: BX) has announced that it is launching its first alternative investment-focused mutual fund that offers daily liquidity. In short, this is a mutual fund that is comprised of…
ThinkstockGermany’s Siemens A.G. (NYSE: SI) and Finland’s Nokia Corp. (NYSE: NOK) formed a 50-50 network equipment company with the catchy name of Nokia Siemens Networks (NSN) in 2007. Siemens is now looking…
ThinkstockAs the world’s largest mining companies look to shed assets as they seek to boost investor returns, the mining sector is drawing interest from private equity firms. Blackstone Group LP (NYSE: BX),…
ThinkstockConcerns that the Federal Reserve may cut stimulus efforts press shares lower across the world. (Reuters) Dish Network Corp. (NASDAQ: DISH) makes a $4.40 per share offer for Clearwire Corp. (NASDAQ: CLWR),…
courtesy of DellDell Inc. (NASDAQ: DELL) is in the midst of what would be one of the largest go-private transactions ever. The PC giant and IT services provider is releasing its quarterly…
Private equity firms are taking profits in their portfolio holdings left and right. The third such instance today comes from General Growth Properties Inc. (NYSE: GGP). It has been announced that Blackstone…
courtesy J.C. Penney Co. Inc.Investor George Soros reported last night that he had taken a 7.9% stake in J.C. Penney Co. Inc. (NYSE: JCP), and the news has lighted a small fire…
U.S. equity markets opened mixed this morning as the DJIA was slammed by a number of weak earnings reports both last night and before markets opened this morning. The was no economic…
ThinkstockThe initial public offering (IPO) of SeaWorld Entertainment Inc. (NYSE: SEAS) went off this morning at the high end of the $24 to $27 expected price range. The theme park operator sold…
courtesy Dell Inc.Several news sources report that Blackstone Group L.P. (NYSE: BX) has dropped its bid to buy out Dell Inc. (NASDAQ: DELL). This may leave the offer of Michael Dell and…
IntelsatDreamliner to Return to Service Boeing Co. (NYSE: BA) may be able to put its 787 Dreamliner back in service shortly. The problems with a battery on the plane that had caused…
ThinkstockBlackstone Group L.P. (NYSE: BX) will halt its bid for Dell Inc. (NASDAQ: DELL). (Reuters) Microsoft Corp. (NASDAQ: MSFT) announces CFO departure as it posts strong earnings. (Reuters) Google Inc. (NASDAQ: GOOG)…
courtesy Dell Inc.You can’t always get what you want, but if you try, you might get what you need. That seems to be the outcome of the deal announced today between Dell…
courtesy J.C. Penney Co. Inc.A New York Supreme Court justice this morning threw out a claim of unfair competition brought by Macy’s Inc. (NYSE: M) against J.C. Penney Co. Inc. (NYSE: JCP)…