Chrysler looking to return to profitability by 2009
American Financial Realty Trust jumped Monday, after Gramercy Capital Corp. said it will buy the company for $3.4 billion in cash and stock.
Gramercy, a commercial real estate specialty finance company, will acquire American Financial for $5.50 per share in cash and 0.12096 shares of its stock.
In performing a valuation study on Amazon.com and Apple Inc. it is evident that both stocks are priced with high expectations for growth and profitability. Both trade at high P/E multiples; that doesnâ€™t automatically signify that the two are overvalued as long as solid justifications for the high multiple can be ascertained...