the-largest

Video: Saxo’s Blaabjerg Says BHP May Overpay in Bid for Potash: Video

August 19, 2010

Aug. 19 (Bloomberg) — Christian Blaabjerg, chief equity strategist at Saxo Bank A/S, talks from Copenhagen about BHP Billiton Ltd.’s hostile $40 billion takeover offer for Potash Corp. of Saskatchewan Inc. BHP, the world’s biggest mining company, arranged $45 billion of credit for its bid of Potash Corp., the largest since it agreed to a $55 billion loan in the unsuccessful acquisition of Rio Tinto Group. Blaabjerg talks with Bloomberg’s Maryam Nemazee. (Source: Bloomberg)

Read the full article →

Video: Champine Maintains `Neutral’ Rating on Home Depot: Video

August 17, 2010

Aug. 17 (Bloomberg) — Laura Champine, an analyst at Cowen & Co., talks about Home Depot Inc.’s second-quarter profit and the industry outlook. Home Depot, the largest U.S. home-improvement retailer, reported profit that exceeded analysts’ estimates after sales at older stores rose. Net income increased 6.8 percent to $1.19 billion, or 72 cents a share. Champine speaks with Erik Schatzker on Bloomberg Television’s “InsideTrack.” (Source: Bloomberg)

Read the full article →

Video: Bloomberg’s McCracken Discusses Goldman’s Role in GM IPO: Video

August 16, 2010

Aug. 16 (Bloomberg) — Bloomberg’s Jeffrey McCracken talks about Goldman Sachs Group Inc.’s role in General Motors Co.’s initial public offering. In a pitch to the U.S. Treasury in May, Goldman Sachs offered to accept a fee of 0.75 percent, according to people with direct knowledge of the matter. That’s a fraction of the 3 percent banks typically charge on the largest IPOs. McCracken speaks with Erik Schatzker on Bloomberg Television’s InsideTrack.” (Source: Bloomberg)

Read the full article →

Video: Virag Says GM CEO Pick Akerson Is a `Question Mark’: Video

August 12, 2010

Aug. 12 (Bloomberg) — Dennis Virag, president of Automotive Consulting Group Inc., talks about how General Motors Co. Chief Executive Officer Ed Whitacre, who led the largest U.S. automaker from bankruptcy to two straight profitable quarters, will step down as CEO on Sept. 1 and be replaced by director Dan Akerson. Virag talks with Pimm Fox on Bloomberg Television’s “Taking Stock”. (Source: Bloomberg)

Read the full article →

Video: Deutsche Bank’s Modoff Says Cisco Shares `Attractive’: Video

August 11, 2010

Aug. 11 (Bloomberg) — Brian Modoff, an analyst at Deutsche Bank AG, talks about Cisco Systems Inc.’s financial results and growth prospects. Cisco, the largest maker of networking equipment, forecast sales this quarter that missed analysts’ estimates as companies rein in spending because of the sluggish economy. Modoff speaks with Bloomberg’s Susan Li from Austin, Texas. (Source: Bloomberg)

Read the full article →

Newmark Knight Frank, Cassidy Turley Expand Regional Presence

August 10, 2010

Two of the largest commercial real estate brokerages in their respective regions have merged with national partners over the last week as the industry continues its march toward consolidation by large full-service companies with national and international…

Read the full article →

Macerich Reopens Santa Monica Place as Open-Air Retail Ctr

August 8, 2010

In one of the largest retail redevelopments of recent years, The Macerich Co. (NYSE: MAC) Aug. 6 officially reopened Santa Monica Place as a 524,000-square-foot open-air retail center in Santa Monica, CA, anchored by Bloomingdale’s and Nordstrom. Following…

Read the full article →

Video: Pulte’s Dugas Says Housing Market to Start `Slow Climb’: Video

August 4, 2010

Aug. 4 (Bloomberg) — Richard Dugas, chief executive officer of PulteGroup Inc., talks with Bloomberg’s Mark Crumpton and Julie Hyman about the outlook for the U.S. housing market. PulteGroup, the largest U.S. homebuilder by revenue, posted its first quarterly profit since 2006 after a tax benefit and sales boost from its purchase of Centex Corp. (Source: Bloomberg)

Read the full article →

The 10 CEOs With The Largest Stock Option Grants

July 26, 2010

The following are the ten CEOs who received the largest stock option grants in 2009. Together, they enjoyed gains which totaled $230 million based on their value at the end of May. The data, tracked by The Corporate Library, has deemed them “mega-grants,” defined as any single grant that exceeds 500,000 options.

Read the full article →

Video: Porges Says Genzyme Management Seeking `Graceful Exit’: Video

July 23, 2010

July 23 (Bloomberg) — Geoffrey Porges, an analyst at Sanford C. Bernstein & Co., talks about a potential acquisition of Genzyme Corp. by Sanofi-Aventis SA. Sanofi, France’s biggest drugmaker, made a takeover approach to Genzyme, the largest maker of medicines for genetic diseases, about two weeks ago, said two people with knowledge of the matter. Porges talks with Matt Miller on Bloomberg Television’s “Street Smart.” Bloomberg’s Dominic Chu also speaks. (Source: Bloomberg)

Read the full article →

Video: BGC’s Gillis Says Amazon.com Shares `Very Expensive’: Video

July 22, 2010

July 23 (Bloomberg) — Colin Gillis, an analyst at BGC Partners in New York, talks with Bloomberg’s Susan Li about Amazon.com Inc. and Microsoft Corp.’s financial results and outlook. Amazon.com, the largest Internet retailer, forecast third-quarter profit that missed analysts’ estimates after it cut prices on the Kindle, its best-selling product, and as falling currencies erode overseas sales. Microsoft, the world’s largest software maker, reported fourth-quarter profit that topped analysts’ estimates after customers purchased more personal computers running the Windows operating system. (Source: Bloomberg)

Read the full article →

Video: Harte Sees Some `Distress’ Over Bank of America Revenue: Video

July 16, 2010

July 16 (Bloomberg) — Jeffery Harte, an analyst at Sandler O’Neill & Partners LP, discusses Bank of America Corp.’s second-quarter profit reported today and the outlook for bank earnings. Bank of America Corp., the largest U.S. lender, posted profit that beat estimates of most analysts as pressure from overdue loans abated. Harte talks with Deirdre Bolton and Erik Schatzker on Bloomberg Television’s “InsideTrack.” (Source: Bloomberg)

Read the full article →

Video: Cohan Says Goldman Sachs Settled to `Get Beyond’ Lawsuit: Video

July 15, 2010

July 15 (Bloomberg) — William Cohan, author of “House of Cards” and a Bloomberg Television contributing editor, talks about Goldman Sachs Group Inc.’s agreement to pay $550 million and change its business practices to settle U.S. regulatory claims it misled investors in collateralized debt obligations linked to subprime mortgages. The penalty is the largest ever levied by the Securities and Exchange Commission against a Wall Street firm, the agency said in a statement announcing the accord today. Cohan speaks with Pimm Fox, Carol Massar and Matt Miller on Bloomberg Television’s “Taking Stock.” (Source: Bloomberg)

Read the full article →

Cole Acquires City Center Plaza for $310 Million

July 13, 2010

In one of the largest real estate transactions of 2010, Cole Credit Property Trust III Inc., a non-traded real-estate investment trust managed by Cole Real Estate Investment of Phoenix, purchased the City Center Plaza from Beacon Capital Partners for…

Read the full article →

Bank Of America’s $10.7 Billion Accounting Mistake: Company Tells SEC It Was An Accident

July 10, 2010

Bank of America Corp., the largest U.S. bank by assets, said it wrongly classified as much as $10.7 billion of short-term repurchase and lending transactions as sales from 2007 to 2009 to reduce its end-of-quarter assets.

Read the full article →

Wells Fargo Free Checking CANCELED Before New Bank Rules Take Effect

July 9, 2010

Wells Fargo & Co., the U.S. bank with the largest branch network, eliminated free checking accounts for new customers as firms prepare for stricter consumer- protection measures.

Read the full article →

10 Of The Hottest Luxury Homes On The Market: Zillow (PHOTOS)

July 3, 2010

Courtesy of the folks at Zillow , the online real estate company, we’ve compiled some of the most sought-after homes on the web for the month of June. Based on search data from Zillow’s site, this month’s edition includes the Beverly Hills mansion of a retired AIG exec, the largest home currently for sale in the United States (one catch: it’s unfinished), and a New York City apartment put up for sale by Rush Limbaugh. Check out Zillow’s hottest luxury homes and visit Zillow for more information .

Read the full article →

Chris Bustamante Named President of Rio Salado College

June 24, 2010

TEMPE, AZ–(Marketwire – June 24, 2010) –  Chris Bustamante, Ed.D. has been named President of Rio Salado College, the largest in headcount of the 10 colleges within the Maricopa Community College District (MCCD). The appointment, which was recommended by Chancellor Rufus Glasper, was approved by the Maricopa Community Colleges Governing Board at its June 22 meeting and is effective immediately.

Read the full article →

Video: Polycom’s Miller Discusses Global Growth Strategy: Video

June 6, 2010

June 7 (Bloomberg) — Andy Miller, chief executive officer of Polycom Inc., the largest independent maker of videoconferencing systems, talks with Bloomberg’s Susan Li about the company’s growth strategy. Polycom said on May 10 it named Miller as CEO, tapping the former chief of rival Tandberg ASA to turn Polycom into a “multibillion-dollar company.” (Source: Bloomberg)

Read the full article →

Frank Rich On Gulf Oil Spill: Obama’s Katrina, Or Worse?

May 29, 2010

For Barack Obama’s knee-jerk foes, of course it was his Katrina. But for the rest of us, there’s the nagging fear that the largest oil spill in our history could yet prove worse if it drags on much longer. It might not only wreck the ecology of a region but capsize the principal mission of the Obama presidency.

Read the full article →

Video: Jarvis Discusses Google AdMob Purchase, Mobile Strategy: Video

May 21, 2010

May 21 (Bloomberg) — Jeff Jarvis, author of “What Would Google Do?,” talks with Bloomberg’s Julie Hyman about the U.S. Federal Trade Commission’s approval of Google Inc.’s $750 million acquisition of AdMob Inc. Google, owner of the world’s most popular web search engine, is the leader in Internet advertising. With San Mateo, California-based AdMob, it would form the largest mobile-advertising company. (Source: Bloomberg)

Read the full article →

Parsons Appoints Bodie as Energy, Systems & Security Division Manager

May 17, 2010

PASADENA, CA–(Marketwire – May 17, 2010) –  Parsons announces the appointment of William Bodie as Manager of the Energy, Systems & Security (ESS) Division for its Infrastructure & Technology group. In this role, Mr. Bodie will lead ESS’s work in the energy, mission-critical systems, homeland security and defense, and intelligence markets — Parsons is one of the largest providers of management, engineering, environmental, and planning services to government agencies.

Read the full article →

Video: BP Trying to Insert Tube Into Leaking Gulf Oil Pipe: Video

May 14, 2010

May 14 (Bloomberg) — BP Plc, the largest oil and natural-gas producer in the Gulf of Mexico, is trying to insert a tube into a leaking pipe at a well off Louisiana, advancing a plan to divert much of the crude into a ship on the surface. Bloomberg’s Carol Massar reports. (Source: Bloomberg)

Read the full article →

Bain Capital Moving HQ to John Hancock Tower

May 10, 2010

Bain Capital said Tuesday that it is relocating its headquarters to the iconic John Hancock Tower. The private investment firm signed a 15-year deal for 208,000 square feet. The transaction the largest office lease in Boston so far this year, according…

Read the full article →

Video: Wale Expects GM’s China Unit to Surpass 2 Million Sales: Video

April 25, 2010

April 26 (Bloomberg) — Kevin Wale, president of General Motors Co.’s China business, talked with Bloomberg’s Stephen Engle at the Beijing Auto Show on April 23 about the outlook for vehicle sales. GM, the largest automaker in China, plans to increase sales in the nation to 3 million vehicles by 2015 from an estimated 2 million this year. (Source: Bloomberg)

Read the full article →

TeleTech Names Joe Bellini as Executive Vice President and Chief Sales Officer

April 22, 2010

ENGLEWOOD, CO–(Marketwire – April 22, 2010) –   TeleTech Holdings, Inc. ( NASDAQ : TTEC ), one of the largest and most geographically diverse global providers of technology-enabled business process outsourcing (BPO) solutions, today announced that it has appointed Joe Bellini to serve as Executive Vice President and Chief Sales Officer.

Read the full article →

Real Money: Starwood Closes on $3 Billion of Fund Raising, Financing

April 14, 2010

Starwood Capital Group closed an aggregate $2.8 billion for its two newest funds: Starwood Global Opportunity Fund VIII at more than $1.8 billion and Starwood Capital Hospitality Fund II at $965 million. SOF VIII is the largest fund ever raised by Starwood…

Read the full article →

Diana Donovan Joins Social Media Ad Network LifeStreet Media as Marketing Director

April 5, 2010

SAN CARLOS, CA–(Marketwire – April 5, 2010) –  LifeStreet Media, the largest social media ad network and sponsor of the upcoming Inside Social Apps 2010, is pleased to announce that Diana Donovan has joined the team as marketing director. As LifeStreet Media continues to grow, Donovan’s responsibilities will include brand development, marketing programs, and public relations.

Read the full article →

Moody’s Risk Committee Disappeared At Height Of Collapse

April 2, 2010

WASHINGTON — As the bottom fell out of the housing market and complex mortgage-backed securities began tanking in 2007, a strange thing happened at Moody’s Investors Service, one of the largest firms that rate bonds for the risks they pose to investors. Moody’s blue-ribbon board of directors stopped receiving key information from an internal committee that was supposed to keep the board informed of risks to the company, a McClatchy investigation has found.

Read the full article →

AEW Pays $97M for One Brigham Circle

March 24, 2010

AEW Capital Management LP purchased One Brigham Circle, a 200,000-square-foot, mixed-use office complex in Boston, from New Boston Fund Inc. for $96.8 million, or approximately $502 per square foot. The deal is the largest of its kind so far in the Boston…

Read the full article →

Hotel CMBS Defaults May Hit 30% By 2012

March 24, 2010

The dismal performance of U.S. hotels since their peak of 2008 has Fitch Ratings predicting that defaults should double from current levels by 2012. Hotel defaults will be most pronounced in 2011 and 2012 when the largest concentration of loan maturities…

Read the full article →

AssetPoint Names Mike Levine President and CEO

March 22, 2010

GREENVILLE, SC–(Marketwire – March 22, 2010) –  AssetPoint ( www.assetpoint.com ), the largest best of breed provider of Enterprise Maintenance Management software and industry best practices consulting, announced today that it has appointed Mike Levine as President and Chief Executive Officer (CEO).

Read the full article →

AssetPoint Names Mike Levine President and CEO

March 22, 2010

GREENVILLE, SC–(Marketwire – March 22, 2010) –  AssetPoint ( www.assetpoint.com ), the largest best of breed provider of Enterprise Maintenance Management software and industry best practices consulting, announced today that it has appointed Mike Levine as President and Chief Executive Officer (CEO).

Read the full article →

Retail Leasing Activity Helps Offset Deluge of Vacant Junior Anchor Stores

March 17, 2010

During 2008 and 2009, several major retailers that typically leased junior anchor tenant positions in shopping centers closed hundreds of stores nationwide. Among the largest closures were 722 Circuit City stores, 589 Linens ‘n Things stores, 367 Goody…

Read the full article →

Equity One May Acquire Liberty International’s $560M U.S. Retail Portfolio

March 1, 2010

Liberty International Plc, the largest owner of shopping centers in the U.K., is considering selling off its U.S. office buildings and malls in an effort to reduce its U.S. exposure, according to a Feb. 24 report from Bloomberg. Bloomberg identified…

Read the full article →

FDIC: Bank Lending Tumbles 7.5 Percent In 2009

February 23, 2010

Lending by the banking industry fell by $587 billion, or 7.5 percent, in 2009, the largest annual decline since the 1940s, the Federal Deposit Insurance Corp. reported Tuesday.

Read the full article →

Traffic Control & Safety Corporation Appoints Keith Costello as Chief Executive Officer

January 21, 2010

NEWPORT BEACH, CA–(Marketwire – January 21, 2010) – Traffic Control & Safety Corporation (“TCSC”), a portfolio company of Marwit Capital, announced today that Keith Costello has been appointed as Chief Executive Officer of TCSC. Mr. Costello joined TCSC six months ago as Vice President of Sales and will now lead the continued growth of the company as CEO. TCSC is the largest provider of traffic control and related safety products and services for transportation infrastructure markets in the Western U.S.

Read the full article →

Giuliani: My ‘Warped View’ Is That Huge Wall Street Bonuses Are ‘Wonderful’ (VIDEO)

January 12, 2010

On Saturday, the New York Times reported that the “bank bonus season” that begins this week “will be one of the largest and most controversial blowouts the industry has ever seen.”

Read the full article →

Wall Street’s Bonuses Problem: Should They Be 7 Figures Or 8?

January 9, 2010

Everyone on Wall Street is fixated on The Number. The bank bonus season, that annual rite of big money and bigger egos, begins in earnest this week, and it looks as if it will be one of the largest and most controversial blowouts the industry has ever seen.

Read the full article →

Video: Whitehurst Sees Rebound in Demand for Red Hat Products: Video

December 23, 2009

Dec. 23 (Bloomberg) — James Whitehurst, chief executive officer of Red Hat Inc., talks with Bloomberg’s Betty Liu about the demand for the company’s products. Whitehurst also discusses pricing and the company’s growth prospects. Red Hat is the largest seller of Linux operating-system. (Source: Bloomberg)

Read the full article →

Unical Aviation Inks Largest Industrial Lease in Los Angeles This Year

December 15, 2009

Unical Aviation is relocating its corporate headquarters and warehouse, signing a long-term lease for a facility in City of Industry, CA. The deal is valued at $20.6 million. At 467,119 square feet, it is the largest industrial lease in Los Angeles…

Read the full article →

Video: Robert Toll Says U.S. Housing Market Is `Coming Back’: Video

December 11, 2009

Dec. 11 (Bloomberg) — Robert Toll, chief executive officer of Toll Brothers Inc., talks with Bloomberg’s Carol Massar about the outlook for the U.S. housing market. Toll Brothers is the largest U.S. luxury-home builder. (Source: Bloomberg)

Read the full article →

Daily News for Commercial Real Estate & Business – December 4, 2009

December 4, 2009

Although hotel property values have dropped as much as 50% from their peak in 2007, ratings agency Fitch forecasts that over the next 12-18 months there will be an increase in distressed asset sales, leading up to the largest …

Read the full article →

Daily News for Commercial Real Estate & Business – December 4, 2009

December 4, 2009

Although hotel property values have dropped as much as 50% from their peak in 2007, ratings agency Fitch forecasts that over the next 12-18 months there will be an increase in distressed asset sales, leading up to the largest …

Read the full article →

Search ends with 100,000 top prize

November 28, 2009

a new platform with investors.’ Seedcorn, the largest business competition on the island with a 360,000 prize fund, aims to stimulate new start-up activity, accelerate commercial development and create more opportunities for private equity investment. A

Read the full article →

William Blair Extends 324,700-SF Lease Through 2017

November 13, 2009

In one of the largest office leases in Chicago this year, William Blair & Co., an investment firm, inked a 324,700-square-foot lease extension that will keep it at the Franklin Center through August 2017. A joint venture that includes the Australia…

Read the full article →

AmEx says can issue $12.1 billion more under TALF (MalaysiaNews.net)

October 30, 2009

), the largest U.S. credit card company by purchases, said on Friday it was eligible to issue $12.1 billion more of securities under the Term Asset-Backed Securities Loan Facility plan, or TALF.

Read the full article →

AmEx says can issue $12.1 billion more under TALF (Reuters via Yahoo! News)

October 30, 2009

American Express Co , the largest U.S. credit card company by purchases, said on Friday it was eligible to issue $12.1 billion more of securities under the Term Asset-Backed Securities Loan Facility plan, or TALF.

Read the full article →

NewsDaily: AmEx says can issue $12.1 billion more under TALF

October 30, 2009

American Express Co , the largest US credit card company by purchases, said on Friday it was eligible to issue $12.1 billion more of securities under the Term Asset – Backed Securities Loan Facility plan, or TALF .

Read the full article →