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Stories tagged with Wesley Edens

Tough times for Fortress Investment Group

By Gary Jacobson   |   July 21, 2008 at 7:08am   |   0 Comments

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 Comments

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 Comments

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.


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