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Bloomberg News

Bloomberg News

January 19, 2012 | Daily Business Review

PNC profit declines 40% as noninterest expense increases

PNC Financial Services Group, the sixth-largest U.S. bank by deposits, said fourth-quarter profit fell 40 percent as noninterest expense surged.

By Bloomberg News

1 minute read

August 02, 2012 | Daily Business Review

Mortgage applications index increased 0.2%

Mortgage applications in the U.S. climbed last week as record-low borrowing costs lifted refinancing to the highest level since April 2009.

By Bloomberg News

1 minute read

February 14, 2012 | Daily Business Review

Empire State Building's owner to become REIT

The company that controls the Empire State Building, the landmark 102-story skyscraper in midtown Manhattan, plans to raise as much as $1 billion in an initial public offering and become a real estate investment trust.

By Bloomberg News

2 minute read

April 11, 2012 | Daily Business Review

Las Vegas Sands chief plans casinos in Spain, Macau

Las Vegas Sands Corp. chairman Sheldon Adelson plans to spend $35 billion on building Spanish gambling resorts over nine years and will add a new Macau location.

By Bloomberg News

3 minute read

April 25, 2012 | Daily Business Review

Wells Fargo, Blackstone buy $560 million in property loans

Wells Fargo and Blackstone Group agreed to buy about $560 million of U.S. property loans from Eurohypo, a German bank, said three people with knowledge of the transaction.

By Bloomberg News

3 minute read

June 05, 2013 | Daily Business Review

Polo Club Founder Gets August Hearing for Fatal Crash Retrial

John Goodman, the Wellington polo tycoon whose conviction in the death of a 23-year-old man whose car he slammed into with his Bentley was vacated, is set to appear in court for a hearing.

By Bloomberg News

1 minute read

September 13, 2012 | Daily Business Review

First look at holiday sales looks good for retailers

Holiday retail sales may rise 3.3 percent as more confident consumers increase their trips to the mall, according to researcher ShopperTrak.

By Bloomberg News

2 minute read

August 31, 2012 | Daily Business Review

Samsung brings copiers with iPhone's power to beat Japan

After beating household names such as Sony Corp. and Panasonic Corp. in televisions, memory chips and mobile phones in the past decade, South Korea's biggest company is targeting rivals in the $32-billion-a-year market for copiers.

By Bloomberg News

2 minute read

July 19, 2013 | Daily Business Review

American Homes 4 Rent Seeks $794 Million In IPO

The housing landlord based in Malibu, California, is offering 44.1 million shares at $16 to $18 each.

By Bloomberg News

3 minute read

May 28, 2013 | Daily Business Review

Barrack's Colony Files To Raise Up To $260 Million In Home IPO

Thomas Barrack Jr.'s Colony American Homes Inc., which has bought almost 10,000 U.S. single-family rental houses since starting last year, filed to raise as much as $260 million in an initial public offering.

By Bloomberg News

2 minute read