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Caesars, Quintain to Build Wembley Casino
LONDON (Reuters) - U.S. casino firm Caesars Entertainment Inc. and Quintain Estates have formed a joint venture to turn the area around London's Wembley Stadium into a $600 million leisure and gambling resort. The 50-50 joint venture, Caesars' first foray into the European casino market, would include a 400-room luxury hotel, conference facilities, a casino, shops, restaurants and bars, Britain's Quintain Estates & Development Plc said Tuesday. "Wembley promises to ...Vegas Comes to Wembley with Casino Plan
By Ben Harding LONDON (Reuters) - Rundown land surrounding London's Wembley Stadium will be transformed into a glitzy $600 million gambling resort in a joint venture between U.S. group Caesars Entertainment and Britain's Quintain Estates. "Caesars Wembley" will sit 200 yards from the reborn home of English football ...Pope's old VW sells for $244,000
Pope's old VW sells for $244,000 American places winning bid for used Volkswagen Golf that had been registered to future Pope. May 5, 2005: 4:34 PM EDT BERLIN (Reuters) - A second-hand Volkswagen Golf once owned by Pope Benedict sold for 188,938 euros ($244,800) to a U.S. buyer in frenzied online bidding, a spokeswoman for eBay in Germany said on Thursday. A bidder registered as "Golden Pal...Kerkorian launches offer for 28 mln GM shares
WASHINGTON (Reuters) - Billionaire investor Kirk Kerkorian on Monday launched an offer to buy up to 28 million shares of General Motors Corp. common stock for $31 each. Kerkorian, who shook up the former Chrysler Corp. with a hostile takeover bid about a decade ago, had said last week that he would seek to more than double his stake in the world's largest automaker to 8.8 percent. In a tender offer filing with the U.S. Securities and Exchange Commi...In jail, Martha became a billionaire
Martha debuts on Forbes billionaire list Bill Gates, Warren Buffett remain on top. Oprah, Donald Trump also make the super-rich list. March 11, 2005: 5:32 PM EST NEW YORK (CNN/Money) - The new Martha Stewart is richer than ever, according to Forbes. After getting out of prison last week, the homemaking maven has landed herself a spot on the magazine's annual billionaire list for the first time. According to the issue, due for release on Frid...Ahold, Ex-Execs Settle with Regulators
WASHINGTON (Reuters) - Ahold NV (AHLN.AS: Quote , Profile , Research ) , the Dutch grocery operator, and three former top executives have agreed to settle U.S. securities fraud charges related to massive overbooking of profits, the company and U.S. regulators said on Wednesday. The U.S. Securities and Exchange Commission declined to f...As Gambling Goes Mainstream, Deals Mount
By Deena Beasley LOS ANGELES (Reuters) - The planned purchase of the storied Golden Nugget casino in Las Vegas by Landry's Restaurants Inc. (LNY.N: Quote , Profile , Research ) is further evidence of how gambling has become mainstream entertainment, analysts say. Outside businesses are looking favorably on the c...Summer concerts: croak to croon?
Summer concerts: From croak to croon? After a lousy 2004, concert promoters have reason to think this year will be different. April 7, 2005: 3:22 PM EDT By Krysten Crawford, CNN/Money staff writer NEW YORK (CNN/Money) - After striking a low note last year, the concert business is poised to sing. For the live-music industry, "last year was the perfect storm of things...Harrah's closes merger with rival Caesars
By Deena Beasley LOS ANGELES (Reuters) - Harrah's Entertainment Inc. (HET.N: Quote , Profile , Research ) on Monday closed its $6.8 billion purchase of rival Caesars Entertainment (CZR.N: Quote , Profile , Research ) , creating the world's largest casino operator and upping its bet on Las Vegas. Chief Executive Gary Loveman said Harrah's has its eye on long-term opportunities in overseas ...Wall Street Seen Mixed Ahead of CPI
By Marie Maitre PARIS (Reuters) - Wall Street is seen opening unchanged at best on Wednesday ahead of inflation figures and with oil prices still firmly above $50 a barrel. On the corporate front, technology stocks will be in focus with earnings from telecoms equipment maker Ciena (CIEN.O: Quote , Profile , Research ) , and possible comments from personal computer giant Dell (DELL.O: Quote , Profile , Research ) , Internet equipment maker Cisco (CSCO.O: Quote , Profile , Research ) ...Stocks Seen Flat to Slightly Off at Open
NEW YORK (Reuters) - Stock futures pointed to a flat to slightly lower open on Wednesday, with investors bracing for a key inflation figure and with oil prices still firmly above $50 a barrel. Merger activity may give markets a shot in the arm, as Medco Health Solutions Inc. (MHS.N: Quote , Profile , Research ) said it would buy specialty pharmacy services provider Accredo Health Inc. (ACDO.O: Quote...Breast implant sold for $16,766
Breast implant fetches $16,766 Casino adds stripper's huge silicone implant to 'collection' including Virgin Mary grilled cheese. March 7, 2005: 2:28 PM EST MIAMI (Reuters) - A former stripper once accused of battering a customer with her enormous breasts sold one of her silicone implants on eBay to the same company that recently bought a grilled cheese sandwich said...Las Vegas Sands Looks for a Jackpot
By Kavitha Shastry NEW YORK (Reuters) - Rolling the dice at a craps table or wagering a paycheck playing poker may not be the most rational use of money, but one casino operator is hoping investors will find its stock a better bet. The highly anticipated initial public offering from Las Vegas Sands Corp. (LVS.N: Quote , Profile , Research ) is expected to price ...Kerkorian to bid for big stake in GM
DETROIT (Reuters) - Billionaire Kirk Kerkorian's investment company on Wednesday offered to buy a large minority stake in General Motors Corp. (GM.N: Quote , Profile , Research ) at a premium to the struggling automaker's depressed stock price. The announcement from Tracinda Corp., which said it would spend up to $868 million to buy as many as 28 million GM shares, boosted GM's stock more than 9 percent and helped turn the broader market higher. The $31-a...U.S. stocks seen flat; caution before Fed
NEW YORK (Reuters) - U.S. stock futures pointed to a flat to slightly lower open on Tuesday, as investors were cautious before combing through a statement by the Federal Reserve due later in the day, with the Fed expected to raise interest rates by another quarter point. Conglomerate Tyco International Ltd. (TYC.N: Quote , Profile , Research ) posted a decline in quarterly profit due to charges. Excluding the charges, Tyco beat expectations by a penny, but lowered its full-ye...Sitemap HTML || Sitemap XML