Penn Actually Wins In Merger Implosion (PENN, FIG)
Penn National Gaming Inc. (NASDAQ: PENN) has been considered a dead merger for quite some time, yet it only officially became a dead merger this morning. This was the last of the…
Penn National Gaming Inc. (NASDAQ: PENN) has been considered a dead merger for quite some time, yet it only officially became a dead merger this morning. This was the last of the…
These are ten of the analyst calls we are focusing on this Thursday morning: Archer-Daniels (NYSE: ADM) cut to Hold at Citigroup. ASM Intl NV (NASDAQ: ASMI) started as Underperform at Jefferies.…
Tuesday morning we’ll get to see earnings out of Fortress Investment Group LLC (NYSE: FIG). After close to a year of being public and as the public is scrutinizing anything not vanilla,…
Private equity firms and hedge funds often make what seem to rather odd investments. But the one thing you can count on is that they both want to make money, even if…
Some of these stocks hit 52-week lows and recovered off of lows so they won’t have a low close. But these did all touch or breach the 52-week lows. At the end…
STOCK TICKERS: ABK, ACA, BZH, LEN, DHI, RYL, CC, BX, FIG, FINL, HGSI, HSY, HW, JNY, NLS, REDE, TRMP, UBET, TZOO, WB The DJIA may have hit 14,000 earlier. A pullback here,…
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…
Blackstone Group LP (BX-NYSE) is now expecting to price its IPO on this Thursday evening for a Friday trade date, one week earlier than originally planned. The company has apparently ended the…
The Blackstone Group L.P. has set its IPO terms for its 133,333,334 million limited partnership units in an initial range of $29.00 to $31.00 per unit. These are units rather than ‘shares’…