Word: ipos
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...billion Amount raised by the Bank of China last week in the initial public offering of its stock, the largest IPO in the world in six years...
Canadians were exuberant when Tim Hortons, one of Canada's most famous restaurant chains, which Wendy's will spin off by year-end, went public last month. But CEO Paul House wasn't surprised. "All the indications were that this was going to be a very popular IPO," House said. Tim Hortons, named for its co-founder, a Toronto Maple Leafs hockey great, had sales of $1.2 billion in 2005. The chain serves doughnuts, coffee and lunch fare in 2,611 outlets across Canada. There are 292 stores in the U.S., which House hopes to increase...
...supply lodgings cycle that analysts expect to last until 2008 help. "The broader trend is private-equity interests in hotel assets," says Deutsche Bank analyst Marc Falcone. So far, shareholders are the biggest winners. Fairmont's stock has jumped 57% over last quarter. Next for the prince: an ipo for another of his hotel companies and the opening of his Four Seasons flagship hotel in Toronto. - By Coco Masters Power Pointer Business presentations can be nightmarish, especially when you're on the road and you haven't made friends with the techie at the projector. You can kiss those jitters...
...supply lodgings cycle that analysts expect to last until 2008 help. "The broader trend is private-equity interests in hotel assets," says Deutsche Bank analyst Marc Falcone. So far, shareholders are the biggest winners. Fairmont's stock has jumped 57% over last quarter. Next for the prince: an IPO for another of his hotel companies and the opening of his Four Seasons flagship hotel in Toronto. TIME BUSINESS PODCASTS Subscribe directly using these popular podcasting tools: iTunes | MyYahoo Or copy and paste this URL into your favorite podcasting tool Listen to individual stories from the current episode: New Routes...
...keep innovating, Google has to outwit and outspend the likes of Yahoo! and Microsoft for the best young brains. Even though few of Google's insta-millionaires have cashed in their stock options and quit since the 2004 IPO, Google is on a hiring binge, adding about 100 people a week. It applies quirky tests of talent. Google once put up a billboard on Route 101, the heavily trafficked artery that links the Valley to San Francisco, that said, in its entirety...