Citi plans sale of private equity unit: report
NEW YORK (Reuters) – Citigroup Inc plans to sell or spin-off its $10 billion Citi Private Equity unit in order to cut its debt, Bloomberg reported on Sunday, citing people familiar with the matter.
Peet’s to extend tender offer for Diedrich: source
NEW YORK (Reuters) – Peet’s Coffee & Tea Inc plans to announce on Monday it will extend its tender offer for shares of Diedrich Coffee Inc by 30 days, a person with knowledge of the situation said, signaling its anticipation that regulators could…
Richard Dickson Appointed President and Chief Executive Officer Branded Businesses of Jones Apparel Group, Inc.
NEW YORK, Jan. 31 /PRNewswire-FirstCall/ — Jones Apparel Group, Inc. (NYSE: JNY) today announced the appointment of Richard Dickson to the position of President and Chief Executive Officer – Branded Businesses of Jones Apparel Group, Inc., effective F…
Disney looking to sell Miramax unit: report
NEW YORK (Reuters) – Walt Disney Co is looking to sell what is left of its Miramax film unit, which could bring in more than $700 million, The New York Times reported on Sunday, citing a mergers and acquisitions expert with knowledge of the process.
Are stocks set for a down year?
NEW YORK (Reuters) – The adage “as January goes, so goes the year” bodes ill for equity investors after the S&P 500 closed out its worst month in almost a year. This week, they will have to contend with fears of sovereign defaults and potential unp…
Bloomingdale’s opens first non-U.S. store in Dubai
DUBAI (Reuters) – New York’s famed Bloomingdale’s department store opened its doors in the Middle East’s biggest mall on Sunday in its first foray outside its home market.
John Brooks’ ‘Once in Golconda’ Should Be More Specific
Colin Peterson submits: "In April the Dow Jones industrials touched a point 50 percent above the November low; no one could know that it was a point they would not touch again until 1954."That’s a quote from Once in Golconda: A True Drama…
Business & Bullion Weekly Report – Jan. 30, 2010
Bullion prices fell this week, with gold and silver marking a second consecutive monthly decline in both New York and London. Gold’s fall has been driven significantly by a rising US dollar, which has climbed 2 percent against other world currencies…
ABOVE magazine: ‘Beauty Will Save the World’
NEW YORK, Jan. 30 /PRNewswire/ — Dedicated to raising awareness of the planet’s endangered beauty and resources, the new issue of ABOVE magazine goes on shelf next week in the United States.
(Photo: http://www.newscom.com/cgi-bin/prnh/20100130/NY4679…
Are U.S. stocks set for a down year?
NEW YORK (Reuters) – The adage ‘as January goes, so goes the year’ bodes ill for equity investors after the S&P 500 closed out its worst month in almost a year. In the coming week, they will have to contend with fears of sovereign defaults and the …