Author: John Meady

business, Finance

Watch List: The Blackstone Group (NYSE:BX), BK, United Technologies Corporation (NYSE:UTX), LinkedIn Corp (NYSE:LNKD), Baidu Inc (ADR) (NASDAQ:BIDU)

Deutsche Bank AG (DBK) agreed to sell the Cosmopolitan of Las Vegas NV hotel & casino to Blackstone Group LP (NYSE:BX) for $1.73 billion in cash, ending a six-year money-losing venture in to casino development. “The bank is committed to reducing its non-core legacy positions in a capital-efficient manner which benefits shareholders,” The Blackstone Group L.P. (NYSE:BX) stock performance was 0.42% in last session and … Continue reading Watch List: The Blackstone Group (NYSE:BX), BK, United Technologies Corporation (NYSE:UTX), LinkedIn Corp (NYSE:LNKD), Baidu Inc (ADR) (NASDAQ:BIDU)

John Meady
Finance

Stock Market Video of the Day : Apple (NASDAQ:AAPL), Synaptics (NASDAQ:SYNA) and CBS (NYSE:CBS)

WSJ’s Polya Lesova joins Simon Constable on the News Hub with a look at three stocks to watch today, including Apple, AIG and Synaptics. Allegedly, CBS is said to fully divest 81% Stake in Outdoor Americas. CBS, owner of the most-watched television network, will sell its 81 percent stake in CBS Outdoor Americas in the final step in the separation of the unit following its … Continue reading Stock Market Video of the Day : Apple (NASDAQ:AAPL), Synaptics (NASDAQ:SYNA) and CBS (NYSE:CBS)

John Meady
Finance

Basic material Most Active; Petroleo Brasileiro Petrobras (NYSE:PBR), Alcoa Inc (NYSE:AA), Vale (NYSE:VALE), Exxon Mobil (NYSE:XOM), The Dow Chemical Company (NYSE:DOW)

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) share price managed to hold on to its valuations from 4th June, during trading on 5th June as investors came to terms with the continued headwinds that company is facing in its Brazilian operations due to the deteriorating operating environment. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) stock performance was 7.66% in last session and finished the day at $14.76. … Continue reading Basic material Most Active; Petroleo Brasileiro Petrobras (NYSE:PBR), Alcoa Inc (NYSE:AA), Vale (NYSE:VALE), Exxon Mobil (NYSE:XOM), The Dow Chemical Company (NYSE:DOW)

John Meady