CNBC's Diana Olick reports on frothy housing markets as home prices peak in places such as Texas.» Read More
COLUMBUS, Ga.-- Carmike Cinemas Inc. said Monday that it has bought 16 theaters for $19 million in cash, part of Carmike's push to expand through acquisitions. The theater chain bought the theaters, which have 251 screens, from Rave Reviews Cinemas LLC, which is owned by investment firm BV Investment Partners.
The airplane taking the Baltimore Orioles to St. Petersburg, Fla. on Sunday night had its flight diverted to Jacksonville because of smoke in the forward galley. The Orioles resumed their trip on the same aircraft, leaving Jacksonville International Airport at 10:15 p.m..
*U.S. manufacturing sector expands in September* China's factory activity shrinks for 2nd month in Sept* Japan's business sentiment worsens* Euro zone manufacturing points to a new recession By Dmitry Zhdannikov.
John Ketterer complained that white co-workers at the Yellow Transportation Inc terminal in Dallas subjected him to harassment including obscene slurs, circling him in a threatening way and throwing a lit firecracker at him for his support of black and Hispanic co-workers.
DALLAS-- Hospital operator Tenet Healthcare Corp. plans acquisitions, a new share repurchase program and a 4- to-1 reverse stock split to help speed up growth and improve the value of its stock for shareholders.
The Supreme Court term that begins Monday holds the prospect for major rulings about affirmative action, gay marriage and voting rights. University of Texas, to be argued Oct. 10, the court will weigh Texas' limited use of race to help fill out its incoming classes.
*Acteon valued at 800- 900 mln stg- sources. LONDON, Oct 1- Private equity group First Reserve has sold UK offshore oil and gas services group Acteon to rival KKR, one of two European deals on Monday to fan hopes that private equity firms can still make profitable sales.
About two-thirds of the auctioned items were from Clyde Barrow and Bonnie Parker, but items also came from other notorious criminals, including Al Capone, Pretty Boy Floyd and John Dillinger.
HOUSTON-- Bedding company Mattress Firm Holding Corp. says some of its stockholders are planning to sell about 4.7 million shares of the company's common stock. Mattress Firm said Monday that it is not selling any shares in the proposed offering. The Houston company went public in November 2011 at $19 per share.
By Jilian Mincer and Steven C. Johnson. NEW YORK, Sept 30- U.S. stocks have more than doubled since the financial crisis and are closing in on a five-year high, but many Main Street investors have been absent from the party- especially those with the least saved.
LONDON, Oct 1- Brent crude fell below $112 per barrel on Monday, reflecting investor concerns that a shaky global economy may hurt oil demand following fresh signs of weakness in China and Japan and evidence of a new recession in the debt-saddled euro zone.
LONDON, Oct 1- Private equity investor KKR. Other private equity firms have been active in the sector too, with Apollo leading a consortium to buy El Paso Corp's oil and gas exploration business in February. Morgan Cazenove and Simmons& Company International jointly advised First Reserve and Acteon while HSBC advised KKR.
Oct 1- General Motors Co is recalling about 41,000 Chevrolet, Pontiac and Saturn cars in the United States because of concerns that a defective plastic part might cause a fuel leak, according to the National Highway Traffic Safety Administration.
LONDON, Oct 1- Private equity group KKR has bought oil and gas services group Acteon from rival First Reserve as it beefs up its investment in energy and infrastructure businesses. Texas- based private equity firm White Deer Energy will take a minority stake alongside KKR, with the remainder of the company owned by management, the groups said on Monday.
*Japan's business sentiment worsens- tankan. SINGAPORE, Oct 1- Brent crude fell below $112 per barrel on Monday, reflecting investor concerns a shaky global economy may hurt oil demand following fresh evidence of weakness in China and Japan as well as persistent worries about the debt-saddled euro zone.
*Japan's business sentiment worsens- Tankan. SINGAPORE, Oct 1- Brent crude fell below $112 per barrel on Monday, reflecting investor concerns a shaky global economy may hurt oil demand following fresh evidence of weakness in China and Japan as well as persistent worries about the debt-saddled euro zone.
*Baird cuts Regency Energy Partners LP price target to $28 from $29;. *Baird raises Sunoco Logistics Partners LP price target to $56 from. Reuters Station users, click. 1568.
Oct 1-:* Baird cuts Con way Inc price target to $35 from $38; rating outperform* Baird cuts Hub Group Inc price target to $34 from $36; rating neutral. *Baird cuts J.B Hunt Transport Services Inc price target to $60 from. *Baird cuts Knight Transportation Inc price target to $17 from $18;.
HOUSTON-- Boardwalk Pipeline Partners LP said Monday that Boardwalk Acquisition Co., a joint venture with an affiliate of its general partner, completed its acquisition of PL Midstream LLC from PL Logistics LLC for about $625 million.
WASHINGTON-- Chairman Ben Bernanke offered a wide-ranging defense Monday of the Federal Reserve's aggressive policies to stimulate the still-weak economy. The Fed needs to drive down long-term borrowing rates because the economy isn't growing fast enough to reduce high unemployment, Bernanke said in a speech to the Economic Club of Indiana.