General Growth Leaves Bankruptcy, Splits in Two

by | Nov 10, 2010 | Towing

General Growth Properties (GGP), the country’s second-largest mall owner, emerged from bankruptcy and split itself into two companies.

The company spun off Howard Hughes Corp, an owner of properties including master-planned communities, Bloomberg News said.

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Shares in Howard Hughes will begin trading tomorrow on the New York Stock Exchange, as will shares in the new General Growth….

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General Growth Leaves Bankruptcy, Splits in Two originally appeared on DailyFinance on Wed, 10 Nov 2010 07:32:00.

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ING Prepares U.S. Insurance Business for IPO

by | Nov 10, 2010 | Towing

Dutch bank ING Groep (ING) is preparing its U.S. insurance business for an IPO.

ING agreed to separate its banking and insurance businesses by the end of 2013 so it could get European Commission approval for a government bailout, Bloomberg News said. The bank is now considering IPOs for both its European and U.S. insurance divisions.

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“While the option of one IPO remains open, we are…

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ING Prepares U.S. Insurance Business for IPO originally appeared on DailyFinance on Wed, 10 Nov 2010 06:50:00.

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Google Gives Staff 10% Raises, Bonuses

by | Nov 10, 2010 | Towing

Why is Google giving every employee a 10% raise for 2011 and a $1,000 gift? The answer may be very simple.
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Google Gives Staff 10% Raises, B…