Evidently Mark Zuckerberg’s hoodie scandal hasn’t dampened investor spirits over (most likely) the Internet’s largest-ever IPO this week. Facebook has raised its IPO price range to $34 to $38, according [...]
Authors urged to produce more to feed e-reader appetite
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May 14, 2012, 6:29 PM
10May 14, 2012, 6:29 PM
Not too long ago popular authors could get away with banging out a new book each year like clockwork. And being a recluse — holed up alone in a mountain [...]
Golf Town to acquire Golfsmith for nearly $97 million
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May 14, 2012, 1:58 PM
0May 14, 2012, 1:58 PM
Greatly extending the reach of Golfsmith’s fairway following its expansion to 85 stores last week, Golf Town has announced it’s acquiring the top golf chain in a $97-million friendly takeover. [...]
The coffee economy: how Green Mountain’s chairman was undone by dismal sales
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May 14, 2012, 8:00 AM
0May 14, 2012, 8:00 AM
Green Mountain Coffee Roasters chairman Robert Stilker was stripped of his title after he sold shares to meet a margin call . The company board said that the sale was [...]
Quiznos revamps menu hoping to regain market share
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May 11, 2012, 1:45 PM
2May 11, 2012, 1:45 PM
Denver-based Quiznos hopes to make a comeback as the toast of the sandwich world. As part of a massive rebranding effort, the #2 sub sandwich chain (behind Subway), rolled out [...]
New Freddie Mac CEO views job as ‘public service’
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May 11, 2012, 12:45 PM
0May 11, 2012, 12:45 PM
The revolving door at Freddie Mac swung open once again this week as the agency named its fourth CEO since it was placed under federal oversight in 2008. Donald Layton, a [...]
Coty adds Buffett power to sweetened Avon bid
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May 11, 2012, 12:24 PM
0May 11, 2012, 12:24 PM
In hot pursuit of Avon, Coty yesterday sweetened its takeover bid for the struggling cosmetics giant and threw in Warren Buffett for good measure. Coty’s new $24.75-per-share offer tops its original bid [...]
GameStop trades aggressive stores expansion to go digital
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May 10, 2012, 5:23 PM
0May 10, 2012, 5:23 PM
GameStop takes the top score in video game retailing. To maintain its ranking, however, the $9.5 billion company is reaching beyond its vast network of stores to ensure it stays in the [...]
Survey: US manufacturers to rethink China operations
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May 9, 2012, 10:22 AM
1May 9, 2012, 10:22 AM
More than a third of US-based manufacturing companies with sales of $1 billion or more either plan to bring some manufacturing operations back to the US from China, or are [...]
12 companies ready for IPO debut this week
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May 7, 2012, 11:38 AM
0May 7, 2012, 11:38 AM
May is already off to a good start in the IPO market. Last week alone five companies priced (check out their performance on Hoover’s IPO Central), and another dozen are [...]
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