New Britain, Conn…Stanley Black & Decker an S&P 500 global diversified industrial company, and Sears Holdings Corporation (NASDAQ: SHLD) (“Sears Holdings”), announced today that they have entered into a definitive agreement under which Stanley Black& Decker will purchase the Craftsman brand from Sears Holdings. The transaction provides Stanley Black& Decker with the rights to develop, […]
Philadelphia, PA..America’s first self help author and motivational best seller was Benjamin Franklin. Not only that but he was America’s first publishing self made millionaire. He made enough that before he left to be our first Ambassador to France he loaned the Continental Congress money to help fund the revolution. He rose from humble beginnings […]
Aspen, CO…Dancing Bear Aspen announced today the $16,000,000 sale of the penthouse residence within its newly opened Mountainside building, setting a new price per square foot record in the Aspen real estate market. At a price of $5,427 per square foot, the sale tops the previous most expensive residence sold in downtown Aspen earlier this […]
Seattle, WA…The Antitrust Division of the United States Department of Justice (DOJ) today completed its review and approved Alaska Air Group’s (NYSE: ALK) acquisition of Virgin America (NASDAQ: VA). Alaska Air Group is the parent company of Alaska Airlines, Inc. and Horizon Air Industries, Inc. “We couldn’t be more excited about receiving DOJ clearance for […]
Seattle, WA…Starbucks Corporation today announced that Kevin Johnson, president and chief operating officer and a 7-year member of the Starbucks Board of Directors, will expand his responsibilities and assume the role and responsibilities of president and chief executive officer, effective April 3, 2017. Also effective April 3, 2017, Howard Schultz, chairman and ceo, will be […]
Albany, NY…Attorney General Eric T. Schneiderman issued the following statement on the $25 million settlement agreement reached in Trump University case: In 2013, my office sued Donald Trump for swindling thousands of innocent Americans out of millions of dollars through a scheme known as Trump University. Donald Trump fought us every step of the way, […]
Seattle, WA…Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2016. Operating cash flow increased 49% to $14.6 billion for the trailing twelve months, compared with $9.8 billion for the trailing twelve months ended September 30, 2015. Free cash flow increased to $8.6 billion for the trailing twelve months, […]
Dallas, TX and New York City, NY…AT&T Inc. (NYSE:T) and Time Warner Inc. (NYSE:TWX) today announced they have entered into a definitive agreement under which AT&T will acquire Time Warner in a stock-and-cash transaction valued at $107.50 per share. The agreement has been approved unanimously by the boards of directors of both companies. The deal […]
Broomfield, CO…Vail Resorts, Inc. (NYSE: MTN) (“Vail Resorts”) today announced several changes to take place before the end of the calendar year across its mountain division leadership team to position the Company for continued growth and success. Specifically, with the official close of the Whistler Blackcomb acquisition earlier this week, the company is scaling the […]
Palo Alto, CA… Yesterday Tesla released that they will be installing self driving hardware on all new vehicles. Details from Tesla are as follows: Self-driving vehicles will play a crucial role in improving transportation safety and accelerating the world’s transition to a sustainable future. Full autonomy will enable a Tesla to be substantially safer than […]
