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.


Latest News

Children apparel company Lolly Wolly Doodle announced that it has gained investments from Revolutoin Growth and other firms.
Coty, a beauty company from New York, is selling its shares to the public. An initial public offering within the expected range of $17. 50 per share was set by Coty, a New York-based beauty and cosmetics company on Wednesday.
Scientific journal publisher Springer Science will soon be acquired by BC Partners for over 3 billion euros.
Fragrance maker Coty raises its initial public offering to US$1 billion on behalf of its shareholders making shares priced at midpoint of the proposed range.
Russian billionaire Alexander Lebedev is in talks to sell 4.5% of his stake in the country's flagship carrier, Aeroflot.
Lululemon Athletica Inc. Chairman, Dennis Wilson sold his stock for US$49.5 million days before the announced surprise departure of the company's CEO Christine Day.
Empire Co, Sobeys' operator, announced its planned acquisition for Safeway Canada for Can$5.8 billion that will close later this year after regulatory approvals.
According to sources, Numericable hired Rothschild to work on a Eur5 billion Paris Stock Market debut within the year.
Coty Inc, the perfume maker to the elite, is undertaking an IPO that is below market value with many provisions.
Punch Tavern's bondholders rejected the latest proposal for debt restructuring. (Photo : Reuters)The image is a pub goer enjoying a pint. United Kingdom pub operator Punch Taverns Plc had earlier proposed a restructuring plan for its GBP2.
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