October 17, 2011 | Daily Business Review
New World Symphony, Met Opera donations surgeThe Miami-based New World Symphony, which is pursuing a $200 million capital campaign to expand its campus, had the largest percentage increase in private gifts last year, according to a survey released Monday.
By Bloomberg News
2 minute read
June 05, 2012 | Daily Business Review
Loews plans $70 million renovation of Regency in New YorkLoews Corp., is planning to upgrade the Regency Hotel, its 354-room luxury property on Park Avenue in Manhattan, and expects to be completed by February 2014, when the National Football League's Super Bowl will be held nearby.
By Bloomberg News
2 minute read
May 03, 2012 | Daily Business Review
Temasek raises $2.48 billion selling China bank sharesTemasek Holdings, Singapore's state-owned investment company, sold $2.48 billion of shares in Bank of China Ltd. and China Construction Bank Corp. less than a month after investing in their larger rival.
By Bloomberg News
4 minute read
December 16, 2011 | Daily Business Review
Foreclosure filings decline as holiday moratorium extends delaysU.S. foreclosure filings fell last month as delinquent homeowners got a holiday break, RealtyTrac reported.
By Bloomberg News
3 minute read
November 10, 2011 | Daily Business Review
PepsiCo buys Brazilian cookie-maker Mabel to boost snacks unitPepsiCo Inc., the world's largest snack company, bought cookie and cracker maker Grupo Mabel in Brazil for an undisclosed price to strengthen sales in Latin America's emerging markets.
By Bloomberg News
1 minute read
October 11, 2012 | Daily Business Review
Bain Capital buys maker of Craftsman tools for $1.6 billionThe acquisition of Apex is the largest this year for Bain, which has participated in announced deals worth $4.7 billion in 2012. It has dozens of its own brands, including GearWrench ratchets, and makes some of the tools sold by Sears.
By Bloomberg News
3 minute read
April 23, 2012 | Daily Business Review
MGIC posts $19.6 million loss as borrowers struggle on loansMGIC Investment Corp., the mortgage insurer that requested waivers from its regulator to keep writing new policies, was unprofitable for a seventh straight period as homeowners struggled to make their payments.
By Bloomberg News
3 minute read
June 19, 2013 | Daily Business Review
Commerzbank To Cut 5,200 Jobs To Increase ProfitCommerzbank AG, Germany's second-largest lender, said it plans to eliminate the jobs by 2016 to bolster profit.
By Bloomberg News
1 minute read
November 27, 2012 | Daily Business Review
Rolls-Royce cars plots growth as wealth spread flouts crisisRolls-Royce, the ultra-luxury car brand owned by Bayerische Motoren Werke AG, plans to increase outlets by 14 percent within five years as it chases growing numbers of wealthy customers.
By Bloomberg News
3 minute read
December 03, 2012 | Daily Business Review
Virgin ready for alliance as Delta may buy stakeVirgin Atlantic Airways Ltd. may end a decade of flying solo as Singapore Airlines Ltd. considers selling its 49 percent stake.
By Bloomberg News
2 minute read