Harrah’s Entertainment, the world’s largest casino operator, said it is no longer “pursuing its initial public offering of common stock at this time due to market conditions.”
The casino giant, which had been planning a $532 million IPO, according to…
Private equity fund Kohlberg Kravis Roberts & Co. is in talks to buy Del Monte Foods Co., (DLM) Reuters reported.
KKR made an offer worth $18.50 a share for Del Monte, Reuters reported without naming its sources. That would value Del Monte, which…
For the first time since June 2009, shares in General Motors have begun trading on the New York Stock Exchange, opening Thursday at $35. In early morning trading, the Detroit automaker’s shares continued to drive higher, up ove…
Sears called its third-quarter results “disappointing” as losses nearly doubled from last year and revenue decreased 5%, primarily as a result of declines in domestic comparable-store sales.
Continue reading Se…
Glencore International AG, the world’s largest commodity trader, is considering a $10 billion IPO.
The IPO would be done in London and potentially Hong Kong in the second quarter of 2011, Bloomberg News reported without naming its sources.
Glencor…