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...nouveau-riche travelers from their own countries. A weak dollar and a low-supply lodgings cycle that analysts expect to last until 2008 help. "The broader trend is private-equity interests in hotel assets," says Deutsche Bank analyst Marc Falcone. So far, shareholders are the biggest winners. Fairmont's stock has jumped 57% over last quarter. Next for the prince: an ipo for another of his hotel companies and the opening of his Four Seasons flagship hotel in Toronto. - By Coco Masters Power Pointer Business presentations can be nightmarish, especially when you're on the road and you haven...
...nouveau-riche travelers from their own countries. A weak dollar and a low-supply lodgings cycle that analysts expect to last until 2008 help. "The broader trend is private-equity interests in hotel assets," says Deutsche Bank analyst Marc Falcone. So far, shareholders are the biggest winners. Fairmont's stock has jumped 57% over last quarter. Next for the prince: an IPO for another of his hotel companies and the opening of his Four Seasons flagship hotel in Toronto. TIME BUSINESS PODCASTS Subscribe directly using these popular podcasting tools: iTunes | MyYahoo Or copy and paste this URL into your favorite...
...gain. The chaos in Iraq, the almost forgotten war in Afghanistan, the staggering costs of the war on terrorists and the ever increasing litany of human-rights abuses make me deeply uncomfortable with the U.S.'s role as self-declared protector of our society. Barry Meggs Dublin Tokyo Stock Shock "Living on the edge" described the scandal about charges that the Japanese Internet company Livedoor was involved in illegal securities manipulation [Jan. 30]. Livedoor's founder and CEO, Takafumie Horie, kept on holding press conferences because the company caters to naive individual shareholders who put their trust in what they...
...can’t just build up a stock,” she said...
...yesterday. According to documents released by the federal Securities and Exchange Commission, Harvard held 134,050 shares of Sinopec as of the past calendar year. If Harvard has retained this stake in the company, the shares would be worth $8.2 million as of the close of the New York Stock Exchange yesterday. Harvard’s SEC filings indicate that the University does not own shares in the other five firms targeted by Yale’s divestment move.However, Harvard is not required to report holdings in foreign exchanges in its SEC filings.In a statement, Yale announced that the decision...