It’s been called the Las Vegas of the Gulf, and Dubai’s latest investment move shows that it’s not exactly shying away from that label.
Two government-owned investment firms in Dubai have taken a 20 percent stake in Cirque de Soleil, the colorful Canadian acrobatic troupe, whose sometimes racy shows have been titillating casinogoers in Sin City since 1993.
There’s no gambling […]
Posted on August 6th, 2008 by
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It’s been called the Las Vegas of the Gulf, and Dubai’s latest investment move shows that it’s not exactly shying away from that label.
Two government-owned investment firms in Dubai have taken a 20 percent stake in Cirque de Soleil, the colorful Canadian acrobatic troupe, whose sometimes racy shows have been titillating casinogoers in Sin City since 1993.
There’s no gambling […]
Posted on August 6th, 2008 by
Filed under: options news, stock news | No Comments »
During the buyout boom of 2006 and early 2007, private equity firms could tap a vast pool of credit to cheaply fund mega-takeovers of $20 billion or more, outbidding corporate suitors that had to justify any deals to shareholders. Now, the tables have turned, according to Blackstone President and Chief Operating Officer Tony James.
As the […]
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There’s no single story dominating the headlines in the Valley today but several interesting ones percolating on blogs and in watercooler conversations. Here’s a quick round up with some great links and my quick analysis.
-Yahoo’s Board Changes Offi
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Private equity firm Blackstone reported lower profits on Wednesday, but still managed to beat estimates. The company sees more investment opportunities coming up despite the choppy equity markets, though Blackstone’s COO Tony James said the credit crunch is making it more difficult to finance leveraged buyouts bigger than $5 billion. That’s a far cry from the $20 […]
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Results in the past 24 hours from Time Warner and News Corp. suggest the big media companies are, thus far, successfully navigating through the economic downturn.Both firms beat expectations, and weakness in Time Warner’s AOL unit wasn’t as bad as feared.
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Freddie Mac on Wednesday posted its fourth straight quarterly loss as it braced for a prolonged housing crisis by setting aside twice as much money for bad loans and setting plans to slash its dividend by at least 80 percent.
The worse-than-expected results come just three weeks after U.S. authorities orchestrated a sweeping effort to […]
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Cisco shares jumped Wednesday as traders embraced the company’s fiscal fourth-quarter results and better-than-feared comments from CEO John Chambers.On the company’s conference call, Chambers noted signs of recovery in the U.S. enterpri
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