Department store operator Macy’s reported a third-quarter profit, with earnings topping Wall Street expectations due in part to a move toward tailored local offerings and the return of upscale customers to its Bloomingdale’s st…
With just days to go before its anticipated initial public offering of stock, General Motors reported Wednesday that it earned $2 billion in the third quarter, its most profitable this year.
Continue reading Ge…
General Motors Financial reported Tuesday its earnings nearly doubled in the third quarter compared to last year, aided by a drop in expenses.
Continue reading Profit at GM’s Finance Arm Nearly Doubles in Third…
Hospital chain HCA will issue a $2 billion dividend to private-equity owners including KKR & Co. and Bain Capital LLC.
HCA will use a $1.5 billion high-yield bond sale to help pay for the dividend, Bloomberg News reported.
A private equity consortium purchased HCA for $33 billion four years ago. In May, the company filed to sell as much as $4.6 billion worth of shares in an IPO….
Continue reading HCA to Pay $2 Billion Dividend to Private Equity Owners
HCA to Pay $2 Billion Dividend to Private Equity Owners originally appeared on DailyFinance on Tue, 09 Nov 2010 08:46:00.
Filed Under: Company News, Health Care, Earnings, Insurance
The Chinese maker of solar wafers, modules and cells reported third-quarter earnings that easily beat analyst estimates on strong demand and improved pricing environment. The company also raised its outlook much above expectati…