1 July, 2017 by The TZ Newswire Staff Comments Off on Staples, Inc. Is Going Private as It Continues to Flounder
Staples, Inc. Is Going Private as It Continues to Flounder
On Wednesday evening, Staples (NASDAQ: SPLS) announced that it had agreed to sell itself to private equity firm Sycamore Partners for $6.9 billion, or $10.25 a share. This confirmed months of rumors that Staples planned to go private. Assuming that shareholders approve the deal, Staples expects the sale to close by year-end.
1 July, 2017 by The TZ Newswire Staff Comments Off on Artist George Condo nabs Upper East Side pad
Artist George Condo nabs Upper East Side pad
From LLNYC: The (very appropriately named) contemporary visual artist George Condo, has just paid $19.8 million for a condo at the Amory S. Carhart Mansion at 3 East 95th Street in an off-market deal, city records show. Condo bought the the full floor spread from Merrill Lynch honcho Do Woo Kim and his wife Aeri who paid $12.5 million for the 12-room apartment in 2005. City records also list Dow Kim as an owner. According to previous listing information, the unit has 6,770 square feet […]
1 July, 2017 by The TZ Newswire Staff Comments Off on The 11 Biggest and Best Analyst Upgrades of June
The 11 Biggest and Best Analyst Upgrades of June
While some of the price targets discussed here call for a stock to double, or even to rise exponentially, it is important to understand that there is a much larger risk when an analyst calls for such…
1 July, 2017 by The TZ Newswire Staff Comments Off on "From Horrific To Catastrophic": Court Ruling Sends Illinois Into Financial Abyss
"From Horrific To Catastrophic": Court Ruling Sends Illinois Into Financial Abyss
First Maine, then Connecticut, and finally late on Friday, confirming the worst case outcome many had expected, Illinois entered its third straight fiscal year without a budget as Republican Governor Bruce Rauner and Democratic lawmakers failed to agree on how to compromise over the government’s chronic deficits, pushing it closer towar
1 July, 2017 by The TZ Newswire Staff Comments Off on Marketplace Lending News Roundup – July 1
Marketplace Lending News Roundup – July 1
1 July, 2017 by The TZ Newswire Staff Comments Off on The 3 Best Dow Jones Stocks in 2017’s First Half
The 3 Best Dow Jones Stocks in 2017’s First Half
The Dow Jones Industrials (DJINDICES: ^DJI) have finished the first half of the year with solid performance, setting new all-time record highs on more than 20 occasions during the first six months of 2017, and posting an overall gain of almost 1,600 points, or about 8%. Yet the best-performing stocks in the Dow have seen total returns of 25% or more, and they have solid prospects that could carry them even higher in the remainder of the year and beyond.
1 July, 2017 by The TZ Newswire Staff Comments Off on Boeing Passes Apple as Best Performing Dow Stock of First Half
Boeing Passes Apple as Best Performing Dow Stock of First Half
For most of the first half of the year, Apple was the best performing Dow Jones Industrial Average stock. That changed recently when it was passed by Boeing.