The sunstone hotel industry is expected to generate more than $6 billion in the fourth quarter, up from $5.9 billion in 2016.But the growth of the industry has come at a steep price: A new rule that requires more disclosures from hotel operators has left the industry at a disadvantage. “The rules change in some respectsRead More
Facebook to ‘reinvent’ IPO by using a new, cheaper way
Facebook is looking to change the way its IPO process works to make sure it delivers a better outcome for its investors.As part of the IPO process, investors are asked to vote on whether to invest in the company.In addition to the company’s initial public offering, investors can buy shares in Facebook’s private companies orRead More
Citigroup to acquire Viking Global Investors in a $2.6bn cash transaction
Citigroup has completed the acquisition of Viking Global Investments, an equity investment firm that invests in startups and emerging markets.Viking Global, which has an investment portfolio of $1.8bn, will be renamed Viking Global Partners.The deal is subject to regulatory approval.Viking’s global investor relations director, Daniel T. Bocock, said the transaction will enable the bank toRead More
New York City: Wall Street to take steps to ensure that consumers are protected
Posted December 08, 2017 13:14:07 New York is poised to adopt legislation that would require companies to disclose consumer information, such as credit scores, when it seeks a license to offer financial products.The law would apply to all companies that offer consumer-focused financial services, including prepaid cards, credit-monitoring products, and payment services.The measure would alsoRead More
‘It’s a very exciting time for the industry’: Tech giants discuss new investor regulations
With a new wave of investment regulations in place, investors are finally catching up to the big names in the entertainment industry.In the past few months, several big names have started investing in new projects, including Netflix, Apple, Amazon, and Warner Bros. The most recent to announce was the $150 million investment from Facebook.Netflix hasRead More
How Cigna Investors Are Investing in Amazon and Amazon’s Latest Acquisition
Cignal has been a major investor in Amazon, its latest acquisition being the acquisition of the popular grocery delivery service AmazonFresh.Cignals AmazonInvestorRelations.com.CFC’s investor relations site.CFA Investment Manager’s Investor Relations website.CFE Investment Manager.CFIRA Investor Relations.CFPE’s Investment Manager website.CIBC Investor Relations site.CIWS Investment Manager site.Citigroup Investor Relations homepage.Citibank Investor Relations Homepage.Citigold Investor Relations homepage.CIUL Investor Relations andRead More
Investing in a loan is still the best way to earn money for investors
If you’re an investor who wants to make money, here are three steps you can take to make sure you’ll get paid: 1.Read through the mortgage loan terms 2.Understand the loan terms, and the options available to you 3.Make sure you’re able to make the right decisions.Investors have to make decisions on a loan basedRead More
Pfizer buys an investment company in Saudi Arabia
PFLP, the world’s largest publicly traded pension fund, on Tuesday said it had acquired a Saudi pension fund that it says could boost its overall stake in the country’s sovereign wealth fund.The investment company, AIG, is the largest private equity firm in the Middle East, with assets of more than $1 trillion.It is also theRead More
When Trump’s tax cuts don’t cut taxes on the rich, it’s time to get rid of them
As we wait for the end of the year to see what kind of tax relief the president is offering to the wealthy, it might be helpful to remember that the president has already done more than just the right thing.As the New York Times reported on Wednesday, Trump has already cut taxes for theRead More
When Microsoft, Intel and other tech companies go dark
Microsoft, in partnership with Twitch, has announced plans to cut off all of its Twitch streamers, as well as the majority of its other video streaming platforms.The move comes after the company’s parent company, Time Warner, agreed to buy a controlling stake in Twitch.The Twitch deal, which was announced Friday, will give the two companiesRead More