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Einhorn will pay $200 million for a minority share in the team, and is expected to have the first option to buy a majority stake if the present owners, Fred and Jeff Wilpon, and Saul Katz, decide to sell.
Fred Wilpon, Chairman & Chief Executive Officer for the New York Mets said, "We are very excited about David joining our ownership group for several reasons. David's investment immediately improves the franchise's financial p
The New York Mets announced today that they had chosen David Einhorn, the president of hedge fund Greenlight Capital as a limited partner.
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Yanzhou Coal Mining (NYSE:YZC) traded today at a new 52-week low of $8.43. This new lo ...
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US Physical Therapy (NASDAQ:USPH) traded at a new 52-week high today of $30.42. This n ...
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Shares of Universal Forest Products (NASDAQ:UFPI) traded today at $44.46, breaking its ...
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Shares of Texas Roadhouse (NASDAQ:TXRH) traded at a new 52-week high today of $25.56. ...
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Shares of Tractor Supply (NASDAQ:TSCO) traded at a new 52-week high today of $116.86. ...
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Shares of Timken (NYSE:TKR) traded at a new 52-week high today of $58.86. This new hig ...
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Shares of Teekay (NYSE:TK) traded at a new 52-week high today of $40.95. So far today ...
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Tenneco (NYSE:TEN) traded at a new 52-week high today of $46.76. Approximately 417,000 ...
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...
