Gym operator Life Time Fitness said it would be taken private by Leonard Green & Partners and TPG in a deal valued at over $4 billion.» Read More
*Empire State manufacturing data misses estimates. March 16- U.S. stocks opened higher Monday and the benchmark S&P 500 rebounded after three weeks of losses as the euro strengthened against the dollar, easing some concerns over the impact of a robust greenback on corporate earnings. A recovery in the euro was reassuring investors, said Nick Colas, chief market...
March 16- Gym operator Life Time Fitness Inc said it would be taken private by Leonard Green& Partners and TPG in a deal valued at over $4 billion. Life Time Chief Executive Bahram Akradi, who will remain in his role, will make a rollover investment of $125 million in the company's stock as part of the deal, the company said. Skadden, Arps, Slate, Meagher& Flom LLP and Faegre...
*Empire State manufacturing data miss estimates. March 16- U.S. stock index futures were up on Monday, putting the benchmark S&P 500 on track for a rebound after three weeks of losses, as currency markets helped reassure U.S. investors concerned about how a strong dollar would hurt earnings. A recovery in the euro was reassuring investors as a rapidly rising U.S....
March 16- Gym operator Life Time Fitness Inc said it would be taken private by Leonard Green& Partners and TPG in a deal valued over $4 billion.
There are timber REITs, apartment REITs, hospital REITs, retail REITs and now a gym REIT. Really.
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Among the earnings stories for Thursday, Oct. 18, from AP Business News:. _ Life Time Fitness Inc. said that its third-quarter profit rose 19 percent as more people joined its gyms and spent more money at them.
CHANHASSEN, Minn.-- Life Time Fitness Inc. said Thursday that its third-quarter profit rose 19 percent as more people joined its gyms and spent more money at them. For the quarter ended Sept. 30, the Chanhassen, Minn.- based company earned $32.1 million, or 77 cents per share, up from $27 million, or 66 cents per share, in the same quarter last year.
*Wedbush starts Town Sports International Holdings Inc with neutral. *Wedbush starts Life Time Fitness Inc with outperform rating; price. Reuters Station users, click. 1568.
Jim Cramer’s researcher, Nicole Urken, takes a look at the continued surge in health-related stocks.
When it comes to fitness centers, Cramer prefers this company’s stock.
Jim Cramer’s researcher, Nicole Urken, reiterates the importance of assessing risk when speculating.
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Cramer checks in with Life Time Fitness CEO Bahram Akradi.
Mad Money's Cramer says, think of this company as the Whole Foods of the fitness biz, and discusses whether the company can continue to outperform, with Bahram Akradi, Life Time Fitness CEO.
The Lightning Round is extended in this CNBC.com exclusive feature.
Cramer chats with Life Time Fitness CEO Bahram Akradi.