Eddie Stobart shareholders vote in favour of DBAY takeover bid

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Eddie Stobart shareholders vote in favour of DBAY takeover bid

Dec 6 (Reuters) – Eddie Stobart Logistics Plc’s shareholders have voted overwhelmingly in favour of a takeover offer from top investor DBAY Advisors at a general meeting on Friday. The positive vote paves the way for the embattled logistics firm to get a cash …
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Labor market remained strong in November as US economy added 266000 jobs and jobless rate fell to 3.5 percent

The United States added 266,000 jobs in November as the jobless rate decreased to 3.5 percent, reflecting a surge of strength in the labor market that has muscled through recession fears that flared over the summer. The data, released by the Bureau of …
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Here's Why H&M Is Testing Clothing Rentals In China

Topline: As consumers become more concerned about the environmental impact of fast fashion, H&M said Friday that its higher-end COS clothing brand is teaming up with China’s YCloset, a fashion rental platform⁠—a move that lets H&M enter a growing …
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3 Marijuana Stocks to Sell Before 2020

When the curtain finally closes on 2019, it’ll probably go down as the worst year on record for marijuana stocks. After beginning the year with more than a dozen popular pot stocks gaining in excess of 70%, a vast majority wound up losing at least half of their …
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BP versus Chevron: Who Has More Financial Power?

Oil companies Chevron Corp (CVX) and BP (BP) have been facing harsh business conditions in the current year. While Chevron stock price has risen by 6.9% year-to-date, BP stock price fell by 3.3%. They have seen a decline in their earnings in the first nine …
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