Hedge fund manger Bill Ackman says he will finance a takeover bid for rival bookseller Barnes & Noble at $16 a share — a 20.5% premium over Friday’s closing price. Faced with increased competition, B&N has seen sales plunge in…
A quiet week for earnings, along with new reports on consumer credit, consumer sentiment, economic optimism, wholesale trade, the U.S. trade balance and federal budget balance, should give the stock markets a chance to settle d…
On Thursday night, venture capitalist and DailyFinance columnist Peter Cohan went on CNBC’s The Kudlow Report to debate whether the banking industry is at the start of a period of recovery, as Goldman Sachs claimed this week. H…
On Thursday night, venture capitalist and DailyFinance columnist Peter Cohan went on CNBC’s The Kudlow Report to debate whether the banking industry is at the start of a period of recovery, as Goldman Sachs claimed this week. H…
Private equity company Apollo Management is in discussions to buy Regis Corp. (RGS), a Minneapolis company that runs more than 12,000 hair salons, The New York Post said.
The discussions are not yet in their final stages and it is not certain the two…