Hotel operator Hilton Worldwide Inc BLKSHW.UL raised $2.34 billion in its IPO on Wednesday, returning to the public markets some six years after Blackstone Group LP (BX.N) took it private in one of the largest deals of the leveraged buyout boom. Hilton, whose brands include such high-end names as Conrad […]
Tag: Markets
Nigeria Among Top Frontier Markets For Investors
As money flows out of emerging markets on fears about an end to the U.S. Federal Reserve’s bond-buying program, frontier markets have enjoyed something of a renaissance – but there can be “huge problems” for intrepid investors, analysts told CNBC. The MSCI frontier markets index – which consists of companies […]
Wall Street climbs as China data puts S&P back at five-year high
Stocks rose on Thursday and the S&P 500 ended at a fresh five-year high as stronger-than-expected exports from China spurred optimism about global growth prospects. Buying accelerated late in the day after the S&P 500 broke through technical resistance at 1,466.47, which was the market’s closing level last Friday and […]
