(NEW YORK)Alternative asset manager Fortress Investment Group LLC said Thursday its third-quarter loss widened as revenue generated from fund performance tumbled.READ MORE
(NEW YORK)Shares of Fortress Investment Group LLC fell Monday as investors gave back some of the gains the asset manager enjoyed last week. Shares of Fortress fell 38 cents, or 7.8 percent, ...READ MORE
(WYOMISSING, Pa.)Penn National Gaming Inc. said Monday that third-quarter earnings surged as the casino operator booked a hefty settlement payment after its proposed acquisition by two investment f...READ MORE
(VANCOUVER, British Columbia)Intrawest ULC, the company that will run the ski hills for the Vancouver 2010 Winter Olympic Games, has completed a $1.7 billion refinancing deal, ending weeks of speculation about...READ MORE
(NEW YORK)Shares of asset and investment management companies fell in Tuesday trading, after the first major company in the sector, BlackRock Inc., posted disappointing third-quarter results...READ MORE
(NEW YORK)Shares of Fortress Investment Group plunged Wednesday amid a broader market tumble, a day after an analyst lowered his price target on the company and predicted the fund industry w...READ MORE