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Resort Hotel Loan - News Articles
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Oct 21, 2008
PR Web (press release), WA -
LAKEWOOD, Colo. (Business Wire EON/PRWEB ) October 21, 2008 -- Colorado Goldfields Inc. (OTCBB:CGFI), announces that the 2008 drilling program has been ... -
Wednesday, October 22, 2008
MarketWatch -
Nov. 13 Conference to Help Anyone in or Contemplating an Entrepreneurial Venture with Speakers Offering Real World, Frontlines Advice Lessons Learned ... -
Oct 21, 2008
Business Standard, India -
In a bid to expand its Ramada brand of upper mid-scale hotels in India, Wyndham Group which is headquarted in the US has tied up with Bangalore-based Royal Orchid Hotels to open 10 Ramada hotels across the country. Royal Orchid will have exclusive development ... -
Wednesday, October 22, 2008
Coquitlam Tri City News, Canada -
In 1979, Virk’s family purchased the Selkirk Inn where he learned all aspects of the hotel business while working with his parents. After graduating from GSS, Virk attended ... -
Oct 21, 2008
Motley Fool -
By Rich Duprey The automotive industry is beginning to look like a speed-dating event: Partners are spending minutes getting to know one another before moving on to the next prospect. Billionaire investor Kirk Kerkorian seems to be particularly adept at filling up his ... -
Oct 21, 2008
Bloomberg -
By Alan Ohnsman and Akiko Nishimae The bank would need about 20 billion yen ($198 million) based on Mazda's current share price to acquire a 5 percent stake in Mazda Motor Corp. from Ford Motor Co. , Kyodo News Agency reported, without citing sources. ... -
Oct 21, 2008
AFP -
NEW YORK (AFP) — Billionaire US investor Kirk Kerkorian announced Tuesday that he had sold shares in Ford and was considering divesting his whole stake, deepening the gloom around the loss-making auto group. In a sharp change of strategy, Kerkorian's holding group Tracinda ... -
Oct 21, 2008
Barron's -
The auto giant fell 6.9% after Kirk Kerkorian disclosed he was selling shares. Tracinda Corp., Kerkorian's investment company, sold 7.3 million Ford shares for an average per-share price of $2.43. Kerkorian still owns about 6.1% of the company, but noted in a ... -
Oct 21, 2008
The Associated Press -
NEW YORK (AP) — Billionaire Kirk Kerkorian's investment firm said Tuesday it sold part of its stake in Ford Motor Co., taking millions of dollars in losses on the investment and marking an abrupt about-face from the optimistic expectations he had for the automaker just four ... -
Oct 21, 2008
Forbes, NY -
AP 10.21.08, 5:38 PM ET Profit fell by one-third as the weaker economy pushed down commodity prices for much of the third quarter. U.S. Bancorp, down 92 cents at $30.20 Declining investments and a bigger provision for credit ...
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Oct 21, 2008
NPR -
by Jim Zarroli All Things Considered, October 21, 2008 · Kirk Kerkorian is famous for his investment acumen. He's a man from humble origins who amassed a fortune in real estate and entertainment. And he's No. 27 on Forbes magazine's list of the wealthiest ... -
Oct 21, 2008
guardian.co.uk, UK -
The billionaire Kirk Kerkorian is facing the prospect of a massive loss on his $1bn investment in Ford after selling part of the stake and mulling the disposal of the remainder. Kerkorian built up a 6.5% holding in the car maker earlier this year and ... -
Oct 21, 2008
BusinessWeek -
By Ronald Grover Even for a wheeler-dealer with an estimated $8 billion bankroll, these are tough times. Two weeks back, Los Angeles billionaire Kirk Kerkorian seemed to have avoided a margin call from Bank of America ( BAC ) by pledging 50 million ... -
Oct 21, 2008
BusinessWeek -
Kirk Kerkorian’s sudden divestiture of Ford shares is an indication of just how long it may take for Ford and Detroit’s other two automakers to come back to a point where investments made prior to this month will see daylight. Kerkorian, the head of investment ... -
Oct 21, 2008
Independent, UK -
By Stephen Foley in New York Kirk Kerkorian, the billionaire investor, is abandoning his $1bn bet on Ford, after being crushed by the car maker's collapsing ... -
Oct 21, 2008
Forbes, NY -
Billionaire Kirk Kerkorian isn't shy when it comes to gambling--his investment firm, Tracinda, is majority stakeholder in the Sin City casino-hotel MGM ... -
Wednesday, October 22, 2008
Bloomberg -
By Makiko Kitamura Oct. 22 (Bloomberg) -- Mazda Motor Corp., a third owned by Ford Motor Co., fell the most in almost a week after billionaire Kirk ... -
Wednesday, October 22, 2008
BusinessWeek -
By Ben Steverman The same kind of "deleveraging" that crippled credit markets also is slamming billionaires, chief executives, and other well-heeled investors where it hurts. After borrowing to buy stock, an unprecedented number of executives are being forced to sell ... -
Wednesday, October 22, 2008
TheStreet.com -
Ford(F Quote - Cramer on F - Stock Picks) has asked Hiroshima Bank to buy some of the automaker's shares of Mazda, according to Japanese media reports. ... -
Wednesday, October 22, 2008
Salt Lake Tribune, United States -
Billionaire Kirk Kerkorian, one of the biggest boosters of the American auto industry, is bailing out of his large stake in the Ford Motor Co. By starting to sell off his $1 billion bet on Ford, an investment that is now worth less than ...
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