Consumer Electronics
Diamond Resorts Files for IPO
Diamond Resorts to undertake IPO at the NYSE under the symbol 'DRII'. (Photo : Reuters)The image is a phone on the NYSE trading floor. US regulators received IPO documentation filed by Diamond Resorts International for the listing of up to US$200 million worth of common shares to the public.
Lampert Uses US$393 Million for Redemptions
Lampert used US$393 million of shares in AutoNation Inc. to cater to client redemption demands after investors saw struggle at Sears Holdings Corp.
Ascendas Looks At Japan Hotel Acquisitions
Ascendas Hospitality Trust is looking at investments in Japan according to its CEO, Tan Juay Hiang. (Photo : Reuters)This image shows a hotel in Japan.
Gary Kenneth Toomey Sits As New Jet Airways CEO
Gary Kenneth Toomey succeeded Nikos Kardassis as CEO for India-based Jet Airways. (Photo : Reuters)The image shows Jet Airways aircraft. Nikos Kardassis was succeeded by Gary Kenneth Toomey as chief executive officer of Jet Airways (India) Ltd.