Time magazine has unveiled its Person of the Year for 2010: Facebook founder Zuckerberg. And in a separate accolade, his company was also named the Best Place to Work for 2011 in an employee survey. You can almost hear the seet…
Power plant operator Dynegy has agreed to be acquired by Icahn Enterprises for $5.50 per share in cash, or about $665 million. Dynegy has about $3.95 billion of outstanding debt, net of cash. The agreement follows a recent fail…
Amid some recent profit-taking, Starwood’s more bullish adherents say the stock has firepower to spare as the company continues to demonstrate solid leadership. It’s one of the world’s largest hotel companies and is well-positi…
Zale Corp (ZLC), the third-largest jeweler in the United States, is considering selling its Piercing Pagoda kiosk business, Bloomberg News reported.
Zale is considering selling the business in order to focus on its fine jewelry operations, Bloomberg …
In Asia Wednesday Hong Kong’s Hang Seng Index plunged 2% to 22,975 and China’s Shanghai Composite fell 0.5% to 2,911. In Japan the Nikkei 225 Index dipped 0.1% to end the session at 10,310.
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