Taking Playboy Enterprises private could put the company and its valuable brand back on a path to growth while allowing Hefner to select his successor. Says one analyst: "There's really no upside to being public for them."
Playboy Going Private: What Took Hugh Hefner So Long?
1:30 PM 07/12/10
The Other Cleanup BP Must Work On -- Its Management
7:30 AM 07/12/10
When voices such as the Financial Times and Warren Buffett call for an overhaul of top management, including Chairman Svanberg and CEO Hayward, it's time to listen. BP won't regain investors' confidence until it does so.
S&P; Keeps U.K. Sovereign Debt Rating at AAA
12:40 PM 07/12/10
Citing the country's "wealthy and diversified economy, ample fiscal and monetary policy flexibility" and other factors, S&P; affirmed the U.K.'s sovereign credit ratings Monday. However, it also maintained the negative outlook it has had since May 2009.
Calculating the True Cost of Homeownership
12:00 PM 07/11/10
Historically low mortgage rates are making houses more affordable in terms of "the monthly nut," but other considerations can trump simple affordability, and ignoring those hidden costs and risks can turn buying a home into a potential financial disaster.
Job Growth: U.S. Lags Other Big Economies
6:00 PM 07/10/10
A year into the global recovery, the U.S. is lagging well behind 11 other major economies in growing jobs, according to new analysis. U.S. employment seems to be weighed down by high consumer debt burdens and a wounded banking system.
Face-Off on Stocks: Dividend-Paying Retail Plays
9:00 AM 07/12/10
Retailers posted mixed results for June same-store sales, with some big surprises -- Abercrombie & Fitch -- and some major disappointments -- Target. Take a look at the bull and bear arguments for some retail stock picks.
Belatedly, Microsoft Seeks a Place in The Cloud
6:31 PM 07/12/10
In a bid to head off the threat of cloud-based computing, Microsoft rolled out key pieces of its Azure platform today at a developer's conference taking place in Washington, DC.
Microsoft's Ballmer Touts Windows 7 Tablet Prototypes
12:18 PM 07/12/10
On Monday, the Microsoft CEO offered a sneak peek at new tablets based on Windows 7 during the software giant's Worldwide Partner Conference. He says computer makers will have a plethora of models available by year-end.
DailyFinance Wire
- Cavaliers Owner Dan Gilbert Fined $100,000 for LeBron Letter
- With 3 GOP Votes, Democrats Near Wall Street Reform Passage
- With Azure, Microsoft Seeks a New Place in the Cloud
- Fathead's 'LeBronedict Arnold' Pricing Helps Move James Decals
- Study Says Current Guidelines May Miss Children at Risk for High Cholesterol
- U.S. Government Issues a Revised Drilling Ban
- Massachusetts State Colleges Upgrade by Changing Names
- Alcoa Beats by a Penny and Raises Its Volume Outlook
- CSX Earnings: Railway Giant Turns in Solid Second-Quarter Growth
- Consumer Reports Says It Can't Recommend Apple's iPhone 4
- Solar Energy Market Gets Even Hotter in 2010
- Playboy Going Private: What Took Hugh Hefner So Long?
- S&P Keeps U.K. Debt Ratings at AAA Despite Pessimistic Outlook
- Microsoft CEO Ballmer Shows Off New Windows 7 Tablet Prototypes
- Google Aims to Help Anyone Become an Android App Developer
- As Jobless Americans Go Broke, Politicians Care More About Politics
- Legal Briefing: iPhone Antitrust Lawsuit Could Be Costly for Apple, AT&T
- People@Work: A Teenage Wasteland for Employment Opportunity
- Face-Off on Stocks: Dividend-Paying Retail Plays
- Swiss Refuse to Extradite Roman Polanski to the U.S.
- Tesla Preparing to Ship Electric Car Prototypes to Toyota
- Hugh Hefner Offers to Take Playboy Private
- Democrats Push Financial Reform With Slim Margin for Error
- Daily Blogwatch: Four Bullish Billionaires and What They're Buying
- Blackstone to Take Over Bank of America Asian Real Estate Fund
Newswire
- BP prepares to test new cap installed on oil leak
- EU finance ministers pressed to fix oversight
- Alcoa lifts markets despite Portugal downgrade
- Global oil demand seen rising slightly in 2011
- Gov't hopes new drilling moratorium can survive
- Nissan takes lead with Thai-made March in Japan
- Oil extends losses, drops below $75
- Toyota to study quality panel's recommendations
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