-
Best Buy, Schulze Could Do Deal at $20/Share -NY Post
Monday, November 19, 2012 - 8:47am
Best Buy (NYSE: BBY) could agree to a takeover of the company by founder Richard Schulze, according to the NY Post. Schulze had offered $24 to $26 for the retailer back in August. Best Buy was trading 5% higher pre-market on Monday.
Read More >> -
Wednesday, September 28, 2011 - 11:18am
Is Jamie Dimon Just Like Benedict Arnold?There was a report in the N.Y. Post this morning that J.P. Morgan (NYSE: JPM) CEO Jamie Dimon was seen meeting with Mitt Romney. If this is true, Dimon could be to President Obama what Benedict Arnold was to George Washington: a turncoat. Obama has long considered Dimon his top ally on Wall...
Read More >> -
Apollo to Bid for 99-Cent Only Stores -- NY Post
Monday, August 22, 2011 - 8:01amPrivate equity firm Apollo Global Management (NYSE: APO) is getting ready to buy discount chain 99-Cent Only Stores (NYSE: NDN), according to sources speaking to the New York Post. The Schiffer-Gold family, owners of one-third of the shares, has indicated it is willing to team up with the highest...
Read More >> -
Apple Signs Deal to Open Store in New York City's Grand Central Terminal -NY Post
Sunday, July 24, 2011 - 10:30amApple (NASDAQ: AAPL) has signed a deal with New York's MTA to open a new retail store in Grand Central Terminal, according to the New York Post. The 23,000-square-foot store will take up Grand Central's north and northeast balconies, displacing Charlie Palmer's Metrazur restaurant, according to MTA...
Read More >> -
More Weiner Texts Emerge
Tuesday, June 7, 2011 - 4:34pmThe New York Post is reporting that Representative Anthony Weiner exchanged "raunchy" text messages with a Nevada woman and the two planned to meet. He met the woman on Facebook and the correspondence between the two went on for more than a year.
Read More >> -
Fed To Cut Debit Card Fees
Thursday, December 16, 2010 - 1:44pmAccording to the NY Post, the Federal Reserve is going to cut fees on debit cards by some 50-60%, which is being seen as less of a loss for banks, than some initially feared. This is part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. One source, who chose to remain anonymous,...
Read More >> -
Goldman Returning To Core Principles?
Monday, December 13, 2010 - 9:01am
An article in the NY Post shows that Goldman Sachs (NYSE: GS) is going back to being Goldman and putting the client first. "[Goldman] is trying to re-dedicate itself to its core principles," said a source familiar with the Business Standards review. "But the changes might not be viewed necessarily...
Read More >> -
Federal Probe May Lead to Insider Trading Arrests
Monday, November 22, 2010 - 11:38amManhattan US Attorney Preet Bharara and the Securities and Exchange Commissions are heading a federal investigation on insider trading that could lead to arrests by Christmas. According to a NY Post report, "the probe could result in arrests by Christmas and would likely target hedge funds, mutual...
Read More >> -
BJ's Wholesale Going Private? (BJ)
Wednesday, November 10, 2010 - 10:25amBJ's Wholesale Club, Inc. (NYSE: BJ) is up sharply this morning on reports that the company has hired advisors and is considering going private. According to the NY Post, Los Angeles-based private equity firm Leonard Green & Partners could be the potential buyer, as the fund has a 9.5% stake in...
Read More >> -
Some Like Sara Lee, Shares Jumping In Pre-Market (SLE)
Monday, October 4, 2010 - 8:38am
"Nobody doesn't like Sara Lee." Someone really likes Sara Lee, as shares of Sara Lee Corp. (NYSE: SLE) are skyrocketing this morning after reports came out that private equity firm KKR offered about $12 billion for the company, but Sara Lee turned it down. The NY Post was the first to report the...
Read More >>


