Last month, department store conglomerate Hudson’s Bay (NASDAQOTH:HBAYF) said that it was evaluating “strategic alternatives” for its Lord & Taylor brand. The company indicated that a sale or merger were two potential outcomes — left unsaid was the …
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Raytheon Co.’s planned merger with United Technologies Corp. is under Pentagon review even though military leaders won’t get to make the call on approving one of the biggest defense industry deals ever. “Under Secretary Ellen Lord is engaging with …
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SAN FRANCISCO — Private equity firm Apollo Global Management is buying online photo publishing company Shutterfly for $51 per share. Apollo will pay $1.74 billion for the 20-year-old company, which became popular offering its users prints and …
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Sensex cracked more than 500 points giving up 40,000 and Nifty tanked more than 170 points to post their worst fall of 2019 after the RBI’s Monetary Policy Committee slashed repo rate by 25 bps. The final tally on D-Street – Sensex plunged 553 points to …
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The Bloomberg Dollar Spot Index advanced 0.1%. The euro advanced 0.1% to $1.1233. The British pound dipped less than 0.05% to $1.2683.
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