Orbitz Worldwide Inc. (NYSE:OWW) came public as planned, but so far that is the only good news. This was an anticipated IPO as the company used to be public, but most shareholders…
Douglas A. McIntyre (ACOR) Acorda COO resigned to pursue other interests.(AMD) Advanced Micro Devices traded up 4% after revenues were ahead of plan on processor sales.(AUY) Yamana Gold makes business combination offer for Meridian Gold.(BVF)…
Online travel hub operator Orbitz did price its IPO of 34 million shares at a price of $15.00 per share. Orbitz will trade under the "OWW" ticker on NYSE. Unfortunately the original…
Douglas A. McIntyre Investors are waiting for the pricing of Orbitz (NYSE:OWW) tonight in its IPO, which no one is foolish enough to not know this is a re-IPO. The official terms were for 34…
Douglas A. McIntyre Blackstone Group (NYSE:BX) has gone on the defensive after the close today with a press release refuting the front page article in The New York Times. Blackstone said the article is filled…
Douglas A. McIntyre According to Reuters, Australia Australian fund manager Caledonia said it would vote against Chicago Merch’s (CME) proposal to buy CBOT (CBOT) The fund own over 6% off the exchange. Reuters writes that…
According to Reuters, Blackstone (BX) bought Hilton Hotels (HLT) for $20 billion plus debt. Reuters writes that private equity firm Apollo offered $6 billion for Huntsman. Reuters reports that car sales in…
According to Reuters, Blackstone (BX) bought Hilton Hotels (HLT) for $20 billion plus debt. Reuters writes that private equity firm Apollo offered $6 billion for Huntsman. Reuters reports that car sales in…
Blackstone (BX) has agreed to buy Hilton Hotels (HLT) for $47.50 a share, a premium of about 40% of where the stock traded two days ago. The total purchase price is over…
Over the last two days, BCE (BCE) the largest phone company in Canada, was purchased by the investment arm of Ontario Teachers’ Pension Plan and several private equity firms. The price was…
Blackstone (BX) Investors still worry about slowing private equity and tax issues. Shares fall to $28.75 from post-IPO high of $38. American Home Mtg (AHM) Forecasts second quarter loss on delinquent mortagages.…
Blackstone (BX) It did just go public, but it should be doing better than this. $30.32, down from $38. W Hldg (WHI) Bank holding company says one of its asset-backed loans is…
Blackstone Group LP (BX-NYSE) is only enjoying its third day as a public private equity entity. Shares, well units, were trading north of $35.00 on most of Friday; and that compared to…
(AAPL) Apple’s iTunes passed Amazon.com in music sales to become #3 music seller behind Best Buy and Wal-Mart.(AFOP) Alliance Fiber Optics raised Q2 sales guidance.(AGN) Allergan trades ex-split to reflect a 2-1…
It’s no shock that Barron’s decided to make its cover story that of the Stephen Schwarzman picture from the Blackstone Group (BX-NYSE) IPO that closed on Friday. The article upfront points to…
