ThinkstockCvent Inc. has filed its paperwork with the Securities and Exchange Commission that sets the preliminary terms for its initial public offering (IPO). The company is offering 5.6 million shares of its common stock,…
Thinkstock Luxury retailer Saks Inc. (NYSE: SKS) has agreed to a merger with Toronto-based Hudson’s Bay Company (HBC) in an all-cash deal for which the Canadian firm will pay $16 a share for the…
ThinkstockThe U.S. Attorney for the Southern District of New York has issued a five-count criminal indictment of SAC Capital Advisors, including four charges of securities fraud and one charge of wire fraud. The hedge…
ThinkstockThe Wendy’s Company (NASDAQ: WEN) is proving to be a serious turnaround contender. After double-digit gains after its earnings report, many investors might be tempted to flood back into the stock. In fact, the…
courtesy of KFCAccording to a report at Caijing.com.cn, China Central Television (CCTV), which in the past has exposed a number of food safety issues in China, reported over the weekend that sample ice cubes take…
courtesy of Netflix Inc.Netflix Inc. (NASDAQ: NFLX) reported second-quarter 2013 results after markets closed today. For the quarter, the video distribution company posted adjusted diluted earnings per share (EPS) of $0.49 on revenues of…
courtesy of McDonald'sMcDonald’s Corp. (NYSE: MCD) reported second-quarter 2013 results before markets opened this morning. The fast-food restaurant chain posted diluted earnings per share (EPS) of $1.38 on revenues of $7.08 billion. In the…
courtesy of KFCThe fastest growing piece of the U.S. restaurant business is the fast-casual dining sector, perhaps best exemplified by Chipotle Mexican Grill Inc. (NYSE: CMG), Panera Bread Co. (NASDAQ: PNRA), and recently public Noodles…
ThinkstockThird Point Reinsurance Ltd. has submitted its paperwork with the Securities & Exchange Commission in order to come public via an initial public offering (IPO). The reinsurance outfit’s IPO terms are not included, but…
ThinkstockTwo for-profit colleges both had news yesterday. Bridgepoint Education Inc. (NYSE: BPI) received its initial accreditation for a period of five years. Apollo Group Inc. (NASDAQ: APOL) was notified that it had been accredited…
ThinkstockThe National Federation of Independent Business (NFIB) this morning reported a drop of 0.9 points in its small business optimism index, from 94.4 in May to 93.5 in June. The May index was the…
Restaurant chain Noodles & Company (NASDAQ: NDLS) held its initial public offering (IPO) today, selling 5.4 million shares at $18 a share. The stock has since doubled, the first IPO of the year to…
ThinkstockA festival promotion company founded by Robert F.X. Sillerman — the man generally credited with combining several regional music concert promotion outfits into what eventually became Live Nation Entertainment Inc. (NYSE: LYV) — has…
ThinkstockCarnival Corp. (NYSE: CCL) reported second-quarter fiscal 2013 results before markets opened this morning. The cruise line operator reported adjusted earnings per share (EPS) of $0.09 on revenue of $3.48 billion. In the same…
ThinkstockDarden Restaurants Inc. (NYSE: DRI) reported fourth-quarter and full-year 2013 results before markets opened this morning. The operator of Red Lobster, Olive Garden and other restaurant chains reported quarterly diluted earnings per share (EPS)…