Will Hilton pop on its market debut? Feelings about the stock are mixed, but it has a lot of things going for it.» Read More
*Facebook to join S&P 500. NEW YORK, Dec 12- The S&P 500 was poised to open higher Thursday after posting its biggest decline in over a month a day earlier, as the market digested mixed data that showed a rise in weekly jobless claims and stronger-than-expected retail sales for November.
*Facebook to join S&P 500. *Hilton Worldwide raises over $2.3 bln in record hotel IPO. NEW YORK, Dec 12- U.S. stock index futures dipped on Thursday, setting Wall Street up for a third day of losses, as investors awaited a batch of economic data that may provide clues on how soon the Federal Reserve will start trimming back its stimulus efforts.
Dec 11- Food services provider Aramark Holdings Corp raised $725 million from its initial public offering after its shares were priced at the low end of its planned $20 to $23 price range, an underwriter told Reuters.
Hilton Worldwide raised roughly $2.34 billion in its IPO on Wednesday after pricing shares toward the high end of the range.
Bruce Wrobel, a prominent American investor in Africa who until recently ran Blackstone's Sithe unit, has died.
The S&P 500 hit an historic closing high yesterday, despite complaints that the tape was "boring."
FRANKFURT, Dec 10- German property company Deutsche Annington is close to an agreement to buy Vitus Immobilien, a German residential landlord partly owned by Blackstone Group, Bloomberg reported.
HONG KONG, Dec 9- KKR& Co LP and Bain Capital are among suitors which have placed initial bids for Tyco International Inc's South Korean security systems unit, a business valued at about $1.6 billion, people familiar with the matter said.
“There’s an enormous deal coming next week and I think you should try to get a piece of it,” said Jim Cramer.
*Blackstone not selling shares; to retain 76.2 pct stake. Dec 2- Hilton Worldwide Inc said its initial public offering would raise up to $2.37 billion in the biggest-ever hotel IPO, more than doubling Blackstone Group's investment. Blackstone has invested about $6.8 billion in Hilton and its 76.2 percent stake after the IPO will be worth up to $15.7 billion.
Black Friday retail sales may have been more sizzle than steak. Traffic was up, but spending was down.
Hilton said its IPO would raise up to $2.37 billion, in what would be the biggest-ever hotel IPO and perhaps the second-biggest IPO of the year.
*Deutsche, Goldman Sachs, BofA and Morgan Stanley lead underwriters. Dec 2- Hilton Worldwide Inc said its initial public offering would raise up to $2.37 billion, in what would be the biggest-ever hotel IPO and perhaps the second-biggest IPO of the year.
Dec 2- Food services provider Aramark Holdings Corp said it expects to price its initial public offering at between $20 and $23 per share, valuing the company at about $5.3 billion. Aramark was taken private in 2006 for $8.3 billion by chairman Joseph Neubauer and private equity investors including GS Capital Partners, JP Morgan Partners and Warburg Pincus.
Dec 2- Hotel operator Hilton Worldwide Inc, controlled by private equity firm Blackstone Group LP, said its initial public offering would raise up to $2.37 billion, valuing the company at about $20.7 billion.
NEW YORK-- Hilton Worldwide Holdings Inc. plans to offer approximately 112.8 million shares in an initial public offering of its common stock, returning to the public markets about six years after it went private. The McLean, Va.- based company plans to use the net proceeds from the offering and available cash to repay about $1.25 billion of debt.
Dec 2- Hotel operator Hilton Worldwide Inc, owned by private equity firm Blackstone Group LP, said it would raise as much as $2.37 billion from an initial public offering of its shares.
RIO DE JANEIRO, Nov 27- Brazilian tycoon Eike Batista's oil company, OGX, lost 2.12 billion reais in the third quarter as it scrambled to start output from an offshore oil field that represents one of its last chances to remain afloat.
Nov 27- CVS Caremark Corp will buy drug infusion services provider Coram LLC for $2.1 billion, allowing the company to bolster its pharmacy benefits management business by offering cost-effective delivery of specialty drugs.
Some of the names on the move ahead of the open.