Bass Pro Shop and Goldman Sachs' private equity arm were partnering on a bid for Cabela's, people familiar with the matter told Reuters. On Tuesday, shares of Cabela's rose $3.14, or 6.4 percent, to $52.51 on the news. Goldman will ...
Tags: Bass Pro, Goldman Sachs
Pershing Square, a hedge fund run by investor Bill Ackman, has sold 20 million shares of US-based confectionery giant Mondelez International. Following the sale, the investor now owns only a 5.6% of the confectionery company. In a ...
Tags: Pershing Square, Bill Ackman, Mondelez
A group of bipartisan business and government leaders released a report Friday that looks at the economic effects climate change is likely to bring to the Midwest, including the region’s farmers, and concludes that in some of the ...
Tags: climate, noon webcast, Agriculture
Posted in Medical Device Business by Brian Buntz on November 18, 2014 Irvine, CA–based Allergan has been adamant in fighting off a hostile takeover attempt from Valeant Pharmaceuticals International for the past seven months. But ...
Tags: silicone breast, Botox, Health
Medtech engineering can be a six-figure job, especially if you’re managing people. But is the compensation really that great? Engineering managers in the medical equipment and supplies business earn an average $133,000 a year; ...
Taiwan Glass Industrial raised $100 million on Monday from a five-year convertible bond, even as European stocks fell 2% amid fears of a conflict between Russia and Ukraine in Crimea. Investors pushed a hard bargain given the uncertain ...
Tags: Modern Commercial Buildings, Glass
CLG Energy Finance, LLC, an affiliate of Beal Bank focused on financing opportunities in the energy industry, announces the closing of a $120 million financing with Duer Wagner Oil & Gas III, LP, a Dallas-based E&P company focused ...
Tags: CLG Energy Finance, Duer Wagner Oil&Gas III, oil and gas properties
Eroding sales in two of its critical product segments that include furniture, mattress and major appliances contributed to a weak fiscal third quarter for Sears Canada, even as the multichannel retailer declared a special dividend to ...
Tags: Furniture, Furnishing
Sony has slashed its profit forecast for 2013 by 40 per cent, meaning the technology giant now expects to make only £190m. The company had originally estimated it would make a profit of 50bn yen (£372.4m), but after its Q3 ...
Tags: Computer Products, software, Sony
Chinese regulators have approved a trial program in Shanghai to allow foreign hedge funds to raise yuan from domestic institutions for foreign investment, The Wall Street Journal reported. Each hedge fund will be allowed to accumulate up to ...
Tags: Foreign Hedge Funds
Shuanghui International, a Chinese food giant, is hopeful of closing the $4.7bn acquisition of American pork producer Smithfield Foods by 26 September 2013, following the approvals from the latter's stakeholders. The American producer has ...
Tags: Agriculture, Food, meat
For the last decade, it has been of utmost interest for buyers and sellers in the global textile industry to know where the goods are coming from — that is, where they are produced. The reasons for that are well-known; sustainability ...
Tags: Textile
The owner of the Sears Hometown store here is spearheading a C$100 million class action lawsuit against Sears Canada and its U.S.-based parent, Sears Holdings, alleging the publicly held retailer "breached its legal obligations by depriving ...
Tags: Furniture, Furnishing
Sony has been urged to create an independent entertainment arm by New York hedge fund Third Point, which has raised its stake in the struggling electronics giant. Third Point has suggested Sony CEO Kazuo Hirai be made chairman of the ...
Tags: Computer Products, software
US stocks pushed to the highest levels in nearly three weeks as investors await news on whether the Federal Reserve will pull back on its stimulus measures. Small-company stocks were among the best performers in Tuesday's rally, with the ...