Prologis to Acquire DCT Industrial Trust for $8.4 Billion
May 29, 2018

  • DCT CEO Hawkins to serve on board of combined companies
  • Both landlords serve Amazon, other e-commerce tenants

Prologis Inc. agreed to acquire DCT Industrial Trust Inc. for $8.4 billion in stock and assumed debt, making the world’s largest warehouse owner Continue reading

Mnuchin Sees Solid Treasuries Demand After Record U.S. Borrowing
May 17, 2018
  • Treasury sees stage set for growth pickup over near term
  • CBO sees U.S. budget deficit rising to $1 trillion by 2020

U.S. Treasury Secretary Steven Mnuchin said he’s unconcerned about the bond market’s ability to absorb rising government debt after Continue reading

Toys R Us Champion Larian Steps Forward With $100 Million to Save Stores
March 25, 2018

The head of the company that created Bratz dolls and Little Tikes is putting $100 million toward a long-shot bid to save Toys “R” Us.

MGA Entertainment Inc. Chief Executive Officer Isaac Larian is aiming to buy the toy-store company’s Continue reading

Jeremy Grantham Wants His Kids to Get Into Emerging Markets
March 19, 2018

Jeremy Grantham, the 79-year-old investor known for his bearish views, is so bullish on emerging-market stocks that he’s telling his own kids to invest more than half their retirement money in the asset class.

"What I would own is as Continue reading

Wells Fargo Is the Go-To Bank for Gunmakers and the NRA
March 9, 2018

Wells Fargo & Co. has emerged as the preferred financier for the U.S. gun industry.

The bank has helped two of the biggest U.S. firearm and ammunition companies access $431.1 million in loans and bonds since December 2012, when the gun Continue reading

Regulator Seeks Kushner Loan Details From Deutsche Bank, Two Others
March 5, 2018

New York’s banking regulator has asked Deutsche Bank AG and a pair of local lenders to provide information about their relationships with Jared Kushner, his family and the Kushner Cos., according to people familiar with the matter.

The state’s Department Continue reading