Blackstone plans to sell Hotel Investment Partners, Cinco Dias reports
(Reuters) – Private equity fund Blackstone (NYSE:BX) is readying the sale of Spain-based Hotel Investment Partners (HIP), which is worth 6.5 billion euros ($6.77 billion), Spanish newspaper Cinco Dias reported on Wednesday, citing several unidentified market sources. HIP owns 73 hotels
Airbus price target raised at Jefferies, Rolls-Royce remains top pick
Investing.com — Jefferies analysts have revised their assessments within the aerospace and defense sector, with a particular emphasis on Airbus and Rolls-Royce (OTC:RYCEY) The brokerage has raised its price target for Airbus to €190 from €170, reflecting a 12% increase. Despite the
Oracle shares rise 9% after Trump unveils $500 billion AI plan
LONDON (Reuters) – Oracle (NYSE:ORCL) shares jumped nearly 9% in Frankfurt on Wednesday, after U.S. President Donald Trump said the company would make a large investment in artificial intelligence infrastructure, together with OpenAI and SoftBank (TYO:9984). The joint venture, called Stargate,
Netflix shares soar on record subscriber gains, planned price hikes
LONDON (Reuters) – Netflix (NASDAQ:NFLX) shares listed in Frankfurt rose 14.3% in early trading on Wednesday after the streaming service said on Tuesday it attracted a record number of subscribers over the holiday quarter. The company said it plans to hike
Japan stocks higher at close of trade; Nikkei 225 up 1.58%
Investing.com – Japan stocks were higher after the close on Wednesday, as gains in the Precision Instruments, Manufacturing and Textile sectors led shares higher. At the close in Tokyo, the Nikkei 225 gained 1.58%. The best performers of the session on the