Gym operator Life Time Fitness said it would be taken private by Leonard Green & Partners and TPG in a deal valued at over $4 billion.» Read More
NEW YORK— A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:. CHC Group Ltd.: Approximately 1,792,600 shares changed hands, a 553.7 percent increase over its 65- day average volume. The shares fell$. 20 or 12.1 percent to $1.45.
NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. The DuPont Co., down $3.43 to $77.07. Edwards Lifesciences Corp., up $13.29 to $148.64.
*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....
NEW YORK— Life Time Fitness Inc. said Monday that it will sell itself to two private equity firms for more than $2.8 billion, in a deal that will turn the gym chain into a private company. Leonard Green& Partners and TPG will pay $72.10 for each share of Life Time Fitness, an 8 percent premium from its close of $66.73 on Friday. Life Time Fitness operates 114 large gyms...
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.
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Cramer checks in with Life Time Fitness CEO Bahram Akradi.