Posts From Nikki Bailey

Goldman Sachs says it’s acting as a financial adviser to Tesla. Elon Musk said Monday on Twitter that he is working with Goldman (GS) and the investment firm Silver Lake on his proposal to take Tesla private. Goldman also announced

Worries over a fragile Turkish economy and the risk of contagion in Europe unnerved investors on Friday and sent the lira to a record low against the US dollar. The Turkish currency plummeted as much as 17% against the dollar,

Tribune Media has pulled the plug on its merger agreement with the Sinclair Broadcast Group, a deal that many observers felt was already on life support. The media giant is going a step further than calling off the $ 3.9

MoviePass CEO Mitch Lowe will join CNN’s Chief Business Correspondent Christine Romans on “Markets Now” on Wednesday for a live interview. He’ll have a lot to talk about. The struggling company has been rapidly changing its business model in an

 Tesla Inc (TSLA.O) shares jumped more than 7 percent on Tuesday after Chief Executive Elon Musk said on Twitter he is considering taking the electric car maker private at $ 420 per share as it goes through a period of

The turnaround at SeaWorld might be real. The theme park owner reported that visitors to SeaWorld (SEAS) grew 5% for the quarter, the second consecutive quarter that attendance rose. Sales and attendance figures topped forecasts, and shares surged more than

 Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, on Saturday said quarterly operating profit rose 67 percent, as insurance underwriting rebounded and several business units benefited from a growing economy. Results easily topped analyst forecasts. Underwriting profit at

Bitcoin could be on the verge of breaking through as a mainstream currency. At least that’s the goal of a startup that is soon to be launched by one of the most powerful players on Wall Street, with backing from

Brookstone filed for bankruptcy and will close its remaining 101 mall stores. The mall and airport seller, best known for massage chairs, quirky gadgets, and travel luggage, filed for Chapter 11 bankruptcy in federal court on Thursday. It was Brookstone’s

NEW YORK (Reuters) – Donna Fenn bought shares of Apple Inc in the 1980s on the recommendation of a stockbroker a good friend of hers was dating. She’d heard of the company because its co-founder Steve Jobs had appeared on