Tag Archives: billionaire
Tesla first-quarter profit tops forecast, lifts sales outlook
By Deepa Seetharaman DETROIT (Reuters) – Tesla Motors Inc reported its first-ever quarterly profit on Wednesday, trouncing Wall Street estimates, as the 10-year-old automaker delivered nearly 5,000 Model S electric cars during the first three months of the year. The company, led by billionaire Elon Musk, said it expects to deliver 21,000 Model S cars worldwide, up 5 percent from its earlier target of 20,000. Eventually, global demand for its Model S electric car may surpass 30,000 vehicles a year, it said. Continue reading
Billionaire Ronald Perelman donating $100M to Columbia U. to train entrepreneurs
Entrepreneurs have always been a different breed. They see things differently—from risk and markets to work (which is constant) and conventional wisdom (which is best ignored).But the question is: Can the ability to be an entrepreneur or an economic disrupter be taught?Ronald Perelman is betting that it can. The billionaire CEO and chairman of MacAndrews & Forbes announced on CNBC Thursday tha.. Continue reading
Icahn ups stake in Nuance to 10.72 percent from 9.27 percent: filing
Billionaire investor Carl Icahn increased his stake in speech recognition and digital imaging software maker Nuance Communications Inc from 9. Continue reading
Brazil’s OGX Posts 2012 Loss of BRL1.17 Billion vs. BRL510 Million Loss in 2011
Brazilian independent oil producer OGX Petroleo e Gas Participacoes SA (OGXP3.BR, OGXPY), part of billionaire businessman Eike Batista’s industrial empire, said late Tuesday it closed 2012 in the red, as exploration costs outpaced revenue. Continue reading
Brother of hedge fund founder indicted in NYC
NEW YORK (AP) — The brother of a jailed one-time billionaire hedge fund boss has been charged with conspiring with his brother to cheat on Wall Street and earn nearly $1.2 million illegally, federal authorities announced Thursday. Continue reading
Las Vegas Sands Says It Probably Broke Law
LAS VEGAS — Las Vegas Sands Corp. Continue reading
Anschutz could select preferred AEG buyers in few weeks: sources
Phil Anschutz may come up with a shortlist Of potential buyers for the Anschutz Entertainment Group within weeks, as negotiations continue over the value of the billionaire’s sports and real estate empire, people familiar with the bidding told Reuters on Friday. Continue reading
Anschutz could select preferred AEG buyers in few weeks: sources
Phil Anschutz may come up with a shortlist Of potential buyers for the Anschutz Entertainment Group within weeks, as negotiations continue over the value of the billionaire’s sports and real estate empire, people familiar with the bidding told Reuters on Friday. Continue reading
Titanic II: Clive Palmer Unveils Replica Plans
An Australian billionaire unveils his plan to build a replica of the ill-fated luxury liner that sank more than 100 years ago. Continue reading
