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…
Not enough lip stick for this pig. GM’s (GM) June sales dropped 21%. The company has no excuses, since its sales of low margin vehicle to rental car fleets were down 22%.…
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…
With oil hanging around $70, and gas likely to move above $3 for all of the summer, it bears looking at who gets hurt: Airlines: It looked like they might get something…
Consider this. Since late December 2005, GM’s (GM) stock has doubled to about $38. With all of the excitement about the sale of Chrysler, Daimler’s (DCX) stock is up 80%. Ford (F)…
(AAPL) Apple’s iPhone launches tomorrow.(ABPI) Accentia Biopharma announced favorable interim blinded data on SinuNase in its fast-tracked pivotal Phase III clinical trial.(ALVR) Alvarion in pact with Australian government over a WiMAX contract…
Ford (F) is offering zero percent financing on a number of its 2007 cars and light trucks. So is GM (GM). Not exactly a move from a position of strength. Since this…
Stock Tickers: TYC, MS, F, CY, SPWR, TRB, KFT, MO, HB, ASD, EMC, DJ, AA, WY It is always interesting to see how short sellers treat shares of stocks that are undergoing…
The NYSE released short interest in stocks traded on the exchange. The figures are as of June 15 and are compared to the comparable numbers at of May 15. Largest Shares Short…
Stock Tickers: YHOO, EBAY, AMZN, S, F, MOT, BIDU, SSW, FMCN, BA, NVO, CLWR, SIRI, XMSR, INTC, ADBE, INTC, BX The real big news this week was the stock market itself. A…
(AOB) American Oriental enters into a letter-of-intent to acquire an established plant based pharmaceutical company named Changchun Xinan Pharmaceutical Group for up to $30 million.(CEN) Ceridian largest shareholder says the private equity…
What would happen if the US auto industry had to compete against India in its neverending turf war? The long and hard truth is that for now the US market is probably…
Toyota’s (TM-NYSE) strength in US market share is probably only getting bigger and bigger from here on out. They aren’t perfect and they will probably have some stumbles along the way, but…
Ford Motor Co. (F-NYSE) was up 2% and then almost 4% pre-market on Bloomberg and Reuters reports that the founding family of Ford was considering a sale of part of their stake. …
