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Hanjin Shipping Supply Chain Disruptions Provide Burlington With Market Share Opportunity
Monday, September 26, 2016 - 11:51am | 365Bank of America Merrill Lynch believes there are several opportunities for Burlington Stores Inc (NYSE: BURL) to gain market share driven by continued momentum in comps in the second half of the current fiscal year. As a result, the firm reiterated its Buy rating and boosted the target price from $...
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Hanjin Shipping Receives Temporary Lifeline
Thursday, September 22, 2016 - 8:13am | 394South Korea-based Hanjin Shipping, one of the world's largest container mover and shipping companies, received a lifeline this week, as the company looms closer toward bankruptcy. Korea Development Bank offered the shipping company a conditional credit line of approximately 50 billion won ($45...