ClubCorp Sold Golf and Sport Club Assets to Apollo Global Management

ClubCorp is one of the largest operators of golf and country clubs in the United States. The company agreed to sell assets to the private equity firm Apollo Global Management in the amount of $1.1 billion, which put an end…

Alaska Air Acquired Virgin America for Over $2 Billion

Alaska Air Group had announced it was acquiring Virgin America for over $2 billion, combining their presence on the West Coast and reigniting the debate over the consolidation of the airline industry. Alaska Airlines was paying cash of $57 per…

GameStop Says Revenue Will Fall Below Its Estimates

The largest retailer of video games in the world, GameStop, has forecast revenue for the first quarter below Wall Street estimates, blaming the lack of releases for major videogames and weaker sales in hardware. Shares of the company were 5.6%…

Foxconn Offers Sharp $5.1 Billion in Takeover Bid

Foxconn Technology Group offered 600 billion yen or approximately $5.1 billion to purchase struggling Sharp Corp the Japanese based electronics maker. This news came from a source familiar with these talks in what would mark the biggest acquisition since 2009…

Ripple Invests Its Own Cryptocurrency into Blockchain Capital

Blockchain technology has taken the world by storm, and Ripple has just invested $25 million into this growing industry, according to CNBC. The company’s investment takes into account an old adage: To grow your business, you must invest in your…

IBM Shares Fall on Guidance That Disappoints

Shares of IBM were down over 6% after the company posted earnings that were better than had been expected on Tuesday for the first quarter. IBM posted per share earnings of $2.45 while analysts were expecting per share earnings of…

Australian Prime Minister Supports Investigation Against BHP Billiton Limited (ADR), Rio Tinto plc (ADR)

BHP Billiton and Rio Tinto will possibly be facing an inquiry for manipulating prices to weed out smaller competitors; Australian Prime Minister in support of the inquiry Australian Prime Minister Tony Abbot is supporting a parliamentary inquiry into the iron…

Vale SA (ADR) To Curtail Output Amid Supply Glut

Bidness Etc takes a look at the announcement by Vale SA to cut down production in order to stabilize prices Iron ore futures in the Chinese market have witnessed a rise in prices of about 4% on Monday on the…

Oil Drops on China Growth and Doubts on Output Curbs by Russia

In Asian trading on Monday oil prices dropped, which wiped out some of the big gains from the previous trading session amidst concerns that lower targets of growth in China might cut demand for oil and ongoing worries over the…

Sears Gets Breathing Room for Twelve Months

The latest efforts by Eddie Lampert to raise new funding for Sears Holding Corp has raised optimism that the retailer of 128 years will have another 12 months to turn the sagging fortunes of the business around. A rally in…

StocksBeat

Democratizing access to all financial data. Cutting edge web platform for news and information.

Disclaimer: StocksBeat inform you that the data in this website is not necessarily real-time nor accurate. All prices are not provided by exchanges and prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Stocksbeat doesn`t bear any responsibility for any trading losses you might incur as a result of using the data.

Subscribe