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Tiffany & Co. Shines Brighter
Tuesday, November 29, 2016 - 10:49am | 443Read More...Jewelry retailer Tiffany & Co. (NYSE: TIF) reported Tuesday ahead of the market open higher third-quarter earnings and revenues, with the revenues rising for the first time in eight quarters. Earnings Beat; Sales Up Quarterly earnings per share were at $0.76, up from $0.70 in the year-ago...
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Toys 'R' Us CEO's Turnaround Plan: Become More Of A 'Toy Store,' Less Of A 'Garage Sale'
Monday, September 19, 2016 - 1:22pm | 578Read More...Dave Brandon is the CEO of Toys "R" Us, and he isn't happy at all with what he sees inside the retail locations. According to a Bloomberg report, Brandon visited a Toys "R" Us store in Secaucus, New Jersey, and needed just five minutes before spotting problems....
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Symantec Purchases Security Startup That Planned To IPO Later This Year
Monday, June 13, 2016 - 3:29pm | 320Read More...Shares of Symantec Corporation (NASDAQ: SYMC) gained more than 5.8 percent on Monday trading after the company said it would acquire privately held cybersecurity company Blue Coat in a cash deal valued at $4.65 billion, as it continues its efforts to expand its enterprise security business. In...
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Report: McDonald's Has Hired Bankers To Help Explore Sale Of 2,800 Restaurants In Asia
Thursday, April 14, 2016 - 9:13am | 211Read More...According to a report by Reuters, McDonald's Corporation (NYSE: MCD) is in discussions with private equity firms to buy 2,800 of its restaurants in North Asia. McDonald's has been active in seeking partners or buyers for its Asian assets for the past few months. Related Link: McDonald's Announces...
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Report: McDonald's Received At Least Two Bids For A Stake In Its Japanese Unit, But High Valuation A Concern
Wednesday, January 20, 2016 - 2:28pm | 230Read More...According to Nikkei Asian Review, multiple investment firms, including Bain Capital and Permira "likely" submitted an offer to acquire a stake McDonald's Corporation (NYSE: MCD)'s Japanese unit. Nikkei Asian Review reported back in December 2015 that McDonald's has been...
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Why Are So Many Key Hedge Funds Closing Down?
Wednesday, October 21, 2015 - 9:37am | 440Read More...This year has been the worst year for hedge fund shutdowns since 2008. More than 400 funds shut down in the first half of the year. Of the remaining funds, average 2015 returns are nearly flat. There’s no doubt about it: 2015 has been a rough year for hedge funds. New data from Bloomberg...
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Bain Capital, Golden Gate Allegedly Competing To Acquire Ann Taylor Parent Company
Wednesday, March 4, 2015 - 1:24pm | 172Read More...Shares of Ann Inc (NYSE: ANN) were up 8 percent Wednesday after Reuters reported that two private equity firms are allegedly competing to acquire Ann. The firms involved are Bain Capital LLC and Golden Gate Capital Corp, a source familiar with the issue said. Others could become interested soon,...
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Hellman & Friedman Made Offer To Acquire Shutterfly
Wednesday, August 20, 2014 - 11:31am | 138Read More...Hellman & Friedman submitted a bid to acquire Shutterfly (NASDAQ: SFLY) earlier this week, Bloomberg reported Wednesday. In addition to Hellman & Friedman, other private equity firms including Bain Capital have also shown interest in acquiring Shutterfly. Shutterfly has been working...
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5 Of The Best Retailers For Kids
Friday, August 8, 2014 - 9:06am | 681Read More...Whether shopping for back-to-school, winter holidays, birthdays or in general, shopping for children is a unique experience. Retailers that specialize in children’s clothing, furniture or toys might seem to be the best bet, but that's not always the case. Here are five of the best...
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Will Michaels Debt Hurt Its IPO?
Thursday, June 26, 2014 - 1:32pm | 423Read More...Arts and crafts retailer Michaels (NASDAQ: MIK) is set to open for trading Friday and will be scraping for demand among other new issues in the busiest IPO week for a June since 2000, according to Renaissance Capital. Michaels was taken private in 2006 by Bain Capital and Blackstone Group...
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BlackBerry Wants A Buyer In Time For Thanksgiving (BBRY)
Thursday, September 5, 2013 - 9:44am | 516Read More...Turkey, stuffing and new game consoles are not the only things that are expected to be sold during the holiday shopping season. If BlackBerry (NASDAQ: BBRY) has its way, the Canadian smartphone maker will find a buyer -- and wrap up its auction process -- by November. According to The Wall Street...
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These 11 Companies Are Teaming Up to Help Victims of the Boston Marathon Bombings
Friday, April 19, 2013 - 2:57pm | 1028Read More...A number of companies, many Boston-based, are donating thousands of dollars in support of victims and their families affected by the tragic Boston Marathon bombings on April 15. Out of the pack, none has made a bigger splash on social media than Dunkin' Donuts (NASDAQ: DNKN), who has pledged $100,...
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Bain Capital Spokesperson Says No Truth to Rumor of Offer to Buy Seagate Technology
Wednesday, November 21, 2012 - 4:06pmRead More... -
Tempur-Pedic Spiking This Morning
Monday, August 6, 2012 - 9:58am | 87Read More...Tempur-Pedic International Inc. (NYSE: TPX) is spiking approximately 5% after sources are saying private-equity firm Advent International has emerged as the likely buyer of National Bedding Co., a maker of Serta brand mattresses, for around $3 billion, according to Dow Jones. Sources are also...
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Henry Kravis of KKR Interviews on CNBC
Wednesday, July 18, 2012 - 3:29pm | 203Read More...Henry Kravis, co-founder of KKR (NYSE: KKR), spoke to CNBC Wednesday. Kravis discussed the election, the state of private equity and the global economy. Kravis defended private equity and small business, saying that his firm never left a company saddled with debt. Recently, private equity has...
