Tag Archives: disclosed

Ares Management to buy real estate investor AREA Property: WSJ

(Reuters) – Investment firm Ares Management will acquire AREA Property Partners, gaining the New York-based real estate investor’s $6 billion in assets, the Wall Street Journal reported, citing people briefed on the matter. Terms of the transaction were not disclosed but Ares, a Los Angeles-based investment firm with about $60 billion under management, will also buy out a minority stake in AREA held by the National Australia Bank , the newspaper reported Continue reading

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Amazon Buys Goodreads

NEW YORK (TheStreet) — Amazon, the online retail powerhouse, said it has acquired Goodreads, the San Francisco-based Web site that has become popular among book readers and publishers. Continue reading

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Michelle Obama — Financial Information HACKED

Michelle Obama is the latest hacking victim in what has become an alarming breach of security.The website that has disclosed detailed financial information about celebs like Beyonce, Jay-Z, Britney Spears, Donald Trump and Kim Kardashian has now… Continue reading

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Vatican plans big send off for pope, consultations begin

VATICAN CITY (Reuters) – Cardinals around the world began informal contacts to discuss who should next lead the Church through a period of major crisis and the Vatican said it planned a big send-off for Pope Benedict before he becomes the first pontiff in centuries to resign. Continue reading

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BATS glitch affected far fewer trades than originally thought

NEW YORK (Reuters) – A systems error at U.S. stock market operator BATS Global Markets that led to a number of trades not being executed at the best possible price over a four-year period, was not as wide-spread as originally thought, BATS said on Friday. The coding problem led to around 12,000 transactions being executed at prices that were not the best available, in violation of U.S Continue reading

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Regulators Cut J.P. Morgan Community-Lending Grade

Regulators twice in the past six months disclosed downgrades of J.P. Continue reading

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Syria to discuss Brahimi peace proposals with Russia

BEIRUT (Reuters) – Syrian President Bashar al-Assad sent a senior diplomat to Moscow on Wednesday to discuss proposals to end the conflict convulsing his country made by international envoy Lakhdar Brahimi, Syrian and Lebanese sources said. Continue reading

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Netflix seeks to fend off Icahn with poison pill

Netflix Inc adopted a poison pill defense to prevent a hostile takeover, acting just days after activist investor Carl Icahn disclosed he had bought a stake in the streaming video and DVD-by-mail subscription service. Continue reading

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Fed names banks that tapped discount window in Q3 2010

(Reuters) – The Federal Reserve on Friday named the banks that borrowed at its discount window during the third quarter of 2010, but the period showed very low levels of activity and none of the biggest Wall Street firms had turned to the facility for help. Some of the decline in discount window borrowing may have reflected banks steering clear because they knew their actions would be disclosed, albeit with a two-year lag, once the Dodd-Frank financial reform law was passed. … Continue reading

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ArchPoint Partners Completes Another Industry-Leading Transaction in the SaaS and Mobile Workforce Management (MWM) / Field Service Management (FSM) Space

SAN FRANCISCO, CA–(Marketwire – Sep 4, 2012) – ArchPoint Partners acted as sole financial advisor to Marathon Data Systems, a leading provider of turnkey SaaS software solutions used by field service businesses, such as pest control, lawn care, landscaping and HVAC service providers, to manage a wide variety of critical business processes, in its sale to equity investor Chicago Growth Partners. Financial terms of the transaction were not disclosed. Continue reading

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