WPX Energy intends to use the net proceeds from the offering, together with the proceeds from the concurrent offerings of its common stock and 6.25% series A mandatory convertible preferred stock, cash on hand and borrowings under its …
Its shares closed at $27.53, up 83 cents or 3.1 percent. In extended trading after the announcement, the stock reversed course, shedding most of that gain. The financial results follow a tumultuous quarter that saw the replacement of chief …
(Reuters) - LaSalle Hotel Properties decided to sell itself to private equity firm Blackstone Group LP for $3.7 billion (2.8 billion pounds) in cash, rejecting a cash-and-stock offer from rival Pebblebrook Hotel Trust
(Coincidentally or not, Viacom stock shot up 4.7% the next day.) Jackson’s signature flourish, though, came with his first 99-pager, written on Yahoo and its CEO Marissa Mayer, and published Dec. 14. He said it took him two months of …