Blackstone to Acquire Strategic Hotels for $3.93 Billion
Blackstone Group LP agreed to buy Strategic Hotels & Resorts Inc., an owner of luxury lodging properties across the U.S., for about $3.93 billion in an expansion of its hotel holdings. Blackstone More...
Soros Creates New World Order, But Rich Still Buying Hiding Places, Just in case
A right-leaning website, RightSideNews, thinks George Soros is starting a New World Order and the rich are getting ready to run for the hills. The website reports that George Soros founded and funds a group More...
Magnit Will Get Bigger, Financial Crisis Be Damned
Magnit, Russia’s largest supermarket chain, is not allowing the financial crisis in the country prevent it from becoming even bigger. Even with the constant litany of national woe that includes sanctions, More...
Will Michael Bloomberg Buy the NY Times?
Michael R. Bloomberg is interested in buying the New York Times. This according to a report in New York Magazine. The magazine sites a source close to Bloomberg that said the billionaire told the New York Times More...
Best Buy Joins Hands with Desjardins, Stock Rises on Upgrade
Best Buy have declared a new joint venture which sees Desjardins, through its Card and Payment Services business unit, acquiring both the Best Buy Canada and Future Shop private-label credit card portfolios, More...
Elderly Customer Busted at Best Buy after Child Porn Found on his Computer
Theodore Alan Aird has a simple enough request; he took his computer to Best Buy to have data transferred from one hard drive to a new computer. The technician at Best Buy discovered 700 sexually explicit photos More...
Why Is Palo Alto Founder Nir Zuk Selling Shares?
All seems to be well at cyber security company Palo Alto. Its recent earnings report was solid, the company received a few upgrades, so why did founder Nir Zuk sell 30, 000 shares on Thursday? The shares More...
Ralph Lauren Receives ‘A’ Credit Rating While Stock Dips
Ralph Lauren Corp has received an “A” credit rating from analysts at Morningstar. The research firm’s “A” rating suggests that the company is a low default risk. They also gave the stock a two-star More...
Mark Cuban Thinks Google Is A Possible Short
Mark Cuban clashed with “Fast Money’s” Karen Finerman over Google. The long and the short of it is that Google may have lost its former glory, or maybe the best it yet to come, if More...
Founder Richard Schulze Sells a Bunch of Best Buy
Shares of Best buy were down on Friday 3.9% after selling from a major shareholder and founder, Richard Schulze, who lightened his position in the retailer by selling 1, 600, 000 shares at More...