FOCUS-Hudson's Bay's chairman's buyout bid pits retail vs real estate

FOCUS-Hudson's Bay's chairman's buyout bid pits retail vs real estate

June 23 (Reuters) – The success of Hudson’s Bay Co Executive Chairman Richard Baker’s $1.3 billion bid to take the department store operator private hinges on whether an independent valuator will view the company more as a retailer and less as a real …
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Moody's downgrades Tata Motors with negative outlook on JLR worries

Mumbai: Global rating agency Moody’s Investors Service on Thursday downgraded Tata Motors’ credit rating by a notch on the floundering performance of its British subsidiary Jaguar Land Rover. The corporate family rating and the company’s senior …
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Trump Promised A Boost To Coal Industry, Arch And Peabody Are Trying to Make it Happen

One of President Trump’s signature promises on the campaign trail in 2016 was to help the coal industry bounce back, the opening of more mines and more employment for miners. There’s no doubt that the coal industry in this country has suffered in recent …
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Slack listing comes during banner year for tech IPOs despite Uber and Lyft's troubled debuts

The IPOs of Pinterest, Beyond Meat and Zoom Communications have contributed 58% of the $26.7 billion raised in IPOs this year. Bloomberg News/Landov. Slack Technologies Inc. is set to go public under a direct listing Thursday on the New York Stock …
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Mortgage rates are moving sideways. Will they fall from here?

Rates for home loans were mixed, but stayed near recent lows, even as bond market moves suggest another big step down lies ahead. The 30-year fixed-rate mortgage averaged 3.84% in the June 20 week, up two basis points, Freddie Mac said Thursday.
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