When Hilton’s Investors Are the New Apple Investors

Hilton is a publicly traded hotel chain with over 200 properties.Its stock price has climbed more than 1,000% in the past six years, driven by its high valuation.The company’s board is comprised of former CEOs of the Hilton Hotels Corporation, the company’s parent company.But the company is also owned by several private equity firms, whichRead More

IBM says it is buying back $3 billion in assets

IBM has announced plans to buy back more than $3.5 billion in its businesses and the shares of its global investment arm, the IBM Group.The deal, which will close this year, includes IBM’s data center and software businesses, its healthcare businesses, and its information technology operations.IBM said it would make the investment on a non-recourseRead More