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Flagstar stock surges after buyout deal with New York Community valued at $2.6 billion

Shares of Flagstar Bancorp Inc. shot up 4.9% in premarket trading Monday, after the Michigan-based bank announced an agre.....»»

Category: topSource: marketwatchApr 26th, 2021

Latham set to go public as IPO pricing valued swimming pool company at $2.3 billion

Latham Group Inc. is all set to go public Friday, as the New York-based in-ground residential swimming pools seller's initial public offering priced overnight, valuing the company at about $2.29 billion. The company sold 20 million.....»»

Category: topSource: marketwatchApr 23rd, 2021

Hedge Fund and Insider Trading News: Jeffrey Gates, Warren Buffett, Alden Global Capital, Tiger Global Management, Archegos Capital Management, Vision Ridge Partners, Facebook Inc (FB), Globaltrans Investment PLC (GLTVF), and More

Tiger Global Raises its Thirteenth Global Fund of $6.65 Billion (The Economic Times) New York-based investment firm Tiger Global has raised .....»»

Category: topSource: insidermonkeyApr 4th, 2021

UiPath files for IPO after being valued at $35 billion in latest funding round

UiPath Inc. filed for an initial public offering on Friday with plans to list on the New York Stock Exchange under the tic.....»»

Category: topSource: marketwatchMar 26th, 2021

DigitalOcean sets IPO terms, to be valued at nearly $5 billion

DigitalOcean Holdings Inc. disclosed Monday that it set terms of its initial public offering, as the New York-based cloud computing company looks to raise up to $775.5 million and be valued at up to $4.95 billion. The company is offering 16.5 million sh.....»»

Category: topSource: marketwatchMar 15th, 2021

Roblox, the game company made wildly popular by kids, goes public with $41 billion valuation

Roblox is now valued at over 20 times the price Microsoft paid to acquire "Minecraft.".....»»

Category: topSource: washpostMar 11th, 2021

M&T Bank to buy People"s United Financial for a 13% premium, in a deal valued at $7.6 billion

New York-based.....»»

Category: topSource: marketwatchFeb 22nd, 2021

The stimulus money was supposed to help small businesses. But big banks reportedly let their wealthiest clients get money first.

Spencer Platt/Getty Images JPMorgan Chase, Citibank, and US Bank prioritized their wealthiest customers' applications for small-business loans, the New York Times reported on Wednesday. The bank.....»»

Category: topSource: businessinsiderApr 23rd, 2020

75% of the stores in NYC"s most expensive neighborhood — the $25 billion Hudson Yards — didn"t pay their April rent

Getty Images/Noam Galai 75% of the retailers in New York City's Hudson Yards did not pay their April rent because of the coronavirus crisis, The Financial Times reported.  Hudson Yards is the city's most expensive neighborhood, with .....»»

Category: topSource: businessinsiderApr 10th, 2020

12 ultra-wealthy people who aren"t leaving their fortunes to their children

Facebook Laurene Powell Jobs doesn't plan on leaving the $24 billion she inherited from her late husband Apple founder Steve Jobs to her children, she told The New York Times .....»»

Category: topSource: businessinsiderFeb 28th, 2020

Wells Fargo close to roughly $3 billion settlement that would end probes into sales practices

Brendan McDermid/Reuters Wells Fargo is nearing a deal with federal prosecutors that would settle a years-long investigation into the bank's sales practices in its banking, auto lending, and mortgage divisions, The New York Times reported. .....»»

Category: topSource: businessinsiderFeb 21st, 2020

Opinion: Regulation lags behind banking in the digital age

The Puget Sound Business Journal recently published a New York Times article regarding updates to federal rules governing how banks serve poorer communities. Unfortunately, the article focuses on current disagreements among federal regulatory agencies o.....»»

Category: topSource: bizjournalsFeb 11th, 2020

Exclusive: Eurazeo hires banks for $2.2 billion sale of payments firm Planet - sources

European buyout fund Eurazeo has hired Citigroup and Evercore to prepare the sale of its payments business Planet in a deal that could value the Irish firm at up to 2 billion euros ($2.22 billion), three sources told Reuters......»»

Category: topSource: reutersJan 22nd, 2020

Conor McGregor has broken his silence about 2 sexual assault allegations, saying "time will show all"

Getty/Jeff Bottari Conor McGregor has broken his silence about two separate sexual assault allegations. The New York Times reported in March that Irish police were investi.....»»

Category: topSource: businessinsiderJan 13th, 2020

Sacklers withdrew over $10 bnl from Purdue

The Sackler family, owners of Purdue Pharma, transferred more than $10 billion in a decade from the OxyContin maker, according to the New York Times. Fred Katayama reports......»»

Category: videoSource: reutersDec 17th, 2019

Sacklers withdrew over $10 billion in a decade from Purdue Pharma: New York Times

The Sackler family - owners of Purdue Pharma - transferred more than $10 billion in a decade from the OxyContin maker to its trusts and holding companies, the New York Times reported on Monday, citing a new audit commissioned by the drugmaker......»»

Category: topSource: reutersDec 17th, 2019

Sacklers withdrew over $10 billion in a decade from Purdue Pharma: NYT

The Sackler family - owners of Purdue Pharma - transferred more than $10 billion in a decade from the OxyContin maker to its trusts and holding companies, the New York Times reported on Monday, citing a new audit commissioned by the drugmaker......»»

Category: topSource: reutersDec 16th, 2019

At $2.6 billion, the New York Mets would be the highest-valued sports team ever sold in the U.S.

The previous high for an MLB team was in 2012 when the Los Angeles Dodgers were sold while the team was valued at $2.12 billion......»»

Category: topSource: marketwatchDec 6th, 2019

Here"s what SoftBank"s long-term WeWork strategy may be

WeWork CEO and founder Adam Neumann is leaving the company, but doing so with $1.7 billion from WeWork. Peter Eavis from The New York Times and CNBC's Robert Frank discuss the eyebrow-raising exit package......»»

Category: realestateSource: cnbcOct 22nd, 2019

Conor McGregor is reportedly being investigated by Irish police over a second sexual assault allegation

Steve Marcus/Getty The New York Times published a story, Saturday, saying Conor McGregor "faces second sexual assault investigation in Ireland." The former UFC champion's publicist says the fighter denies any report accusing him of sexual assault. .....»»

Category: topSource: businessinsiderOct 19th, 2019