RENO, Nev.— The managers of the Hard Rock Hotel& Casino in Las Vegas have announced plans to open one at Lake Tahoe this winter after a $60 million renovation of the former Horizon Casino Resort at Stateline.
U.S. stock index futures turned lower and interest rates spiked after the government reported a brighter-than-expected report on the labor market.
October's jobs report is expected to be one of the weakest of the year, distorted by the impact of the 16-day government shutdown.
With $100 billion in assets in the United States already, the man many call the Warren Buffett of Canada told CNBC that he's "still putting money into America."
*Third-quarter FFO 23 cents matches Wall St view. Improving retail sales and consumer confidence have been good news for mall owners, including Simon Property Group Inc and Macerich Co, which have seen stronger sales at their tenants' stores in the third quarter.
*Q3 FF0 $1.99/ share vs Street view $1.92. Oct 25- Simon Property Group Inc reported a 19 percent increase in a key earnings measure Thursday on higher rents and sales at its malls and outlet centers, easily beating estimates, and the real estate investment trust raised its outlook for the year.
Oct 11- Brookfield Asset Management Inc:.
Oct 10- Brookfield Asset Management:. *C $350 million principal amount 8.95% notes due June 2, 2014; redemption price. of C $1097.94* Source text* Further company coverage ().
NEW YORK, Oct 1- Hedge fund manager William Ackman, who has been pushing mall operator General Growth Properties to sell itself, on Monday said a deal with rival Simon Property Group would be beneficial to all parties and push the stock price dramatically higher.
What follows is a roundup of corporate earnings reports for Wednesday, May 11.
What follows is a roundup of corporate earnings reports for Friday, Feb. 18.
The Lightning Round is extended in this CNBC.com exclusive feature.
Central banker speak and a G-20 meeting are the highlights Friday, as traders check positions ahead of the long President's Day weekend.
AIG is a company with a positive long term outlook, Bruce Berkowitz, founder and portfolio manager of Fairholme Capital Management, and the largest private shareholder, 32.7 percent, of outstanding shares in AIG after the US government, told CNBC on Wednesday.
With the sovereign debt crisis in full bloom across much of Europe, some companies are shifting focus on this extreme amount of distress in search of opportunities.
Stocks pared losses in the last few minutes of the session to end higher capping a stellar week for the markets marked by Republican gains in Congress, the Fed's decision to pump more money into the economy, and a surprising strong jobs report. Alcoa and JPMorgan rose.
Stocks pared losses but remained mixed in the last minutes of Friday's session as stronger-than-expected U.S. job gains in October failed to continue a rally that led stocks to two-year highs on Thursday. Kraft and Merck fell, Alcoa rose.
Stocks were mixed and the dollar rose a day after the markets surged to two-year highs, as investors absorbed the meaning of a surprising surge in payrolls in the wake of the Federal Reserve plans to pump more money into the economy. Kraft fell, BofA surged.
Stock index futures were mixed as the dollar rose after the government reported a surprising surge in October nonfarm payrolls.
What follows is a roundup of corporate earnings reports for Friday, Nov. 5