Mergers & Acquisitions

Greenhill Announces Terms for Modified Dutch Auction Tender Offer

Greenhill Announces Terms for Modified Dutch Auction Tender Offer – Plan to shortly launch a modified Dutch auction tender offer to repurchase up to $110 million in value of shares of common stock at a purchase price of not greater than $20.50 nor less than $18.50 per share – Greenhill directors and officers will not participate in the tender offer, thereby potentially substantially increasing their aggregate economic ownership of the Firm – Following completion of the tender offer, the remainder of the $285 million share repurchase program expected to be implemented through open market purchases or other means PR Newswire NEW YORK, Feb. 12, 2018 NEW YORK , Feb. 12, 2018 /PRNewswire/ — Greenhill & Co., Inc. […]

Stock Analysts

Citi (C) to Open Innovation Lab in London, Make New Hires

Per an article by the Financial Times , Citigroup C is planning to open an innovation center in London, the first strategic step by a U.S. banking giant in the area post-Brexit. Jim Cowles, CEO of operations in Europe, Middle East and Africa regions said that Citigroup would be hiring about 60 technologists for the center. […]

Stock Analysts

Costco (COST) Continues with Healthy Comps Performance

Amid a tough retail landscape Costco Wholesale Corporation COST continued with its solid comparable sales (comps) trend in the month of January as well. While major chains are grappling with sluggish store and mall traffic as consumers switch to online shopping, Costco seems somewhat resilient to the challenging retail backdrop. […]