Lands' End goes high end, again, in its CEO hunt
FILE - In this Thursday, April 19, 2012, file photo, Tumi Holdings CEO Jerome Griffith, applauds during opening bell ceremonies for Tumi's IPO at the New York Stock Exchange. Lands' End, known for its puffy jackets, flannel shirts and other casual ...>> view originalCanada's Fairfax Agrees to Purchase Switzerland's Allied World for $4.9B in Cash
Fairfax Financial Holdings Ltd., the Canadian investment and insurance company, agreed to buy Allied World Assurance Co. for $4.9 billion in cash and stock in Chief Executive Officer Prem Watsa’s biggest purchase. Fairfax will pay $54 per share, which is 18 percent higher than Allied’s closing price on Friday. For every share, Allied investors will receive about $10 in cash — half from Fairfax and the rest from a pre-closing dividend by Allied — as well as $44 of Fairfax’s stock, according to a..>> view originalWall Street set for higher open; data, Yellen speech eyed
In Europe, the pan-European Stoxx-600 index was around 0.15 percent lower on Monday morning. In Asia, the Shanghai Composite in China closed 0.15 percent lower, while the Nikkei in Japan closed 0.05 percent lower. In oil markets, Brent crude traded at around $55.10 a barrel on Monday morning, down 0.2 percent, while U.S. WTI crude was slightly lower around $52.80 a barrel as of 8:29 a.m., ET. Investor optimism appeared to be increasing that OPEC and other oil producers would be able to ..>> view originalBusiness Day|Christine Lagarde, IMF Chief, Is Found Guilty of Negligence
The trial revived concerns in France about high-level corruption, shining a spotlight on intimate ties between politicians and businesspeople, and on the large sums that are sometimes used to grease the country’s political wheels. The case against Ms. Lagarde centered on Bernard Tapie, a former entertainer and owner of Adidas who had previously been jailed on corruption charges. Mr. Tapie accused the lender Crédit Lyonnais, in which the French state had a stake at the time, of cheating him when..>> view originalEU stands firm as Apple gears up for court battle over $14 billion tax demand
However, it doesn't seem like the European Commission will be softening its position. A spokesperson told CNBC on Monday that "the Commission would defend its decision in court." The Commission also justified its decision arguing that Ireland has not provided any basis for its "special treatment" to the U.S. firm, according to a report Monday by the Irish Times. One area of contention is the matter of Apple paying taxes on the profits it recorded in Ireland as well as sending money back to th..>> view originalTrump picks billionaire NHL owner to lead Army
President-elect Donald TrumpDonald TrumpFor the rural Ozarks, and places like it, voting Trump was about respect Report: Ari Emanuel refused to open library of Miss Universe tapes California lawmakers join effort to force Trump to release taxes MORE will nominate former infantry officer, billionaire businessman and National Hockey League team owner Vincent Viola as secretary of the Army, his transition team announced Monday.Viola is the founder of a Virtu Financial and was previously the chairma..>> view originalJapan's SoftBank Invests $1 Billion in Satellite Startup OneWeb
Japan’s SoftBank Group Corp. is pumping $1 billion into OneWeb Ltd., which aims to use hundreds of satellites to provide internet access in rural areas and developing countries, in a fundraising round that values the startup at roughly $2.5 billion. OneWeb’s current investors are also giving $200 million in the latest fundraising, the company announced Monday. The fresh funds ensure that OneWeb has the firepower to build and launch more than 640 satellites by the beginning of the next decade. T..>> view original
Saturday, February 4, 2017
Lands' End goes high end, again, in its CEO hunt and other top stories.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment