Stories tagged with Wesley Edens
Tough times for Fortress Investment Group
By Gary Jacobson | July 21, 2008 at 7:08am | 0
Short-term results “can and will be lumpy,” Fortress Investment Group CEO Wesley Edens told investors after the firm announced first-quarter results earlier this year. When does “lumpy” become something more serious?
After failed buyout, Penn National Gaming focuses on growth
By Gary Jacobson | July 7, 2008 at 8:46am | 0
Its $6 billion buyout may have collapsed, but business life goes on — quite aggressively — for Penn National Gaming.
GateHouse Media, Lee Enterprises top newspaper ‘misery index’
By Gary Jacobson | July 6, 2008 at 6:14am | 0
Rapidly shriveling stock prices have produced a new misery index for the nation’s beleaguered newspaper industry: sky-high stock dividend yields. So high, some observers believe, that some cash-strapped companies will soon have to cut dividends, putting even more pressure on their stock prices.
