| Starwood Capital Partners with Playground to Develop and Market ...
SAN FRANCISCO--(BUSINESS WIRE)--Mammoth Mountain Ski Area Development Corp. (MMSA Dev. Co.), an entity controlled by Starwood Capital Group Global, L.L.C. (Starwood Capital), majority owner of Mammoth Mountain Ski Area (Mammoth Mountain), announced today that Playground Destination Properties Inc. (Playground) will continue its relationship as exclusive Marketing, Sales and Listing Agent for all upcoming MMSA Dev. Co. real estate developments in the Mammoth Lakes area. Gary Raymond, managing director of Starwood Development, said, "After months of comprehensive planning by Starwood and some of the west coast's leading architects and designers, we are thrilled to now be in a position to move forward with Playground to roll out MMSA Development Company's 2007/08 development program." Playground will soon be unveiling plans involving more than $1B of new investment in the Mammoth Mountain Ski Area, according to Marcel Labbe, Playground Vice President and responsible for the MMSA Dev.
City's financial services sector at risk, report says
High costs, complicated regulatory and tax structures, and stiff competition for back-office jobs from low-cost areas in the United States and overseas threaten Boston's longtime position as a center of the financial services industry, according to a report to be released today. For the p ast century, Boston's cluster of mutual funds, banks, and asset-management firms has attracted investment from around the world and created tens of thousands of jobs at places like Fidelity Investments, Putnam Investments, and the former Bank of Boston. But the report, from the Greater Boston Chamber of Commerce and Mass Insight Corp., a research and consulting firm, says competitive pressures and a wave of corporate mergers are shrinking the financial services sector, the third-largest in Massachusetts.
Uranium Stocks: An Elliott Wave View
Well, we at Elliott Wave International have learned long time ago not to forecast one market based on another: You get better results by studying wave patterns in each market separately. But uranium stocks did catch attention of our Prime Stocks Flash analysts – although for entirely different reasons than the surging uranium prices. Cameco Corp. (CCJ), one of the major uranium producers, last popped up on our radar a little over a month ago, on March 1. That was the day our Prime Stocks Flash sent a "buy now" recommendation to subscribers, complete with this chart: You can see why CCJ looked so promising on March 1. Wave C, the final wave of the larger wave 2 correction that had been in progress since the start of the year, appeared to be over, and a low-risk, high-opportunity trade in wave 3 up – the most vigorous wave in the Elliott wave sequence – was likely at hand.
Football Roils England as Hicks, Glazer, Abramovich Seize Teams
April 3 (Bloomberg) -- David Moores, chairman of Liverpool Football Club, sits in the Marriott Hotel in London, mulling whether to sell the team his family has controlled for the past 50 years. Flanked by fellow Liverpool FC board members and a coterie of accountants and lawyers, Moores, 61, is weighing two offers for his 51.6 percent stake. One is from a pair of U.S. sports tycoons and another from the emirate of Dubai. ``It was obviously incredibly emotional for him,'' says Colin Gillespie, a PricewaterhouseCoopers LLP partner and Liverpool FC adviser who attended the meeting on Jan. 30. ``It's a difficult decision to sell the family home because you don't have the money to renovate.'' One week later, the deal is done. The new owners are Americans George Gillett, who owns Vail, Colorado-based Booth Creek Ski Holdings Inc.
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