-
Department Store Sector Heats Up As Nordstrom Considers Go-Private Deal
Thursday, June 8, 2017 - 10:21am | 428Nordstrom, Inc (NYSE: JWN) shares were up 23 percent in Thursday’s pre-market session after announcing members of the Nordstrom family have formed a group to explore pursuing a go-private deal involving the group buying 100 percent of outstanding shares. The spike put Nordstrom shares at...
-
How Reports Of A Potential Macy's Takeover Reshape The Real Estate Scenario
Monday, February 6, 2017 - 11:26am | 298Recent media reports have indicated a potential merger between Macy's Inc (NYSE: M) and Hudson's Bay. “While we recognize the potential value of the real estate portfolio, we are also mindful of the challenges around monetization,” Deutsche Bank’s Paul Trussell said in a...
-
Barron's Recap: Airline Stocks Ready To Soar
Sunday, June 21, 2015 - 7:13pm | 913This weekend in Barron's online: airline stocks ready to take off, the 50 best annuities in America, mega vacations of the super wealthy, as well as the prospects for Merck, Nintendo, the Bio-Reference Labs buyout and more. Cover Story "Airline Stocks Could Soar Up to 50% in a Year...
-
Merger Monday Strikes Again (OMC, SKS, PRGO, ELN)
Monday, July 29, 2013 - 9:28am | 1214Merger Monday struck this morning as several high profile deals were announced heading into this week's trading. Notable deals included the merger of Omnicom (NYSE: OMC) and Publicis (OTC: PUBGY), Saks (NYSE: SKS) being bought by Canada's Hudson's Bay, and Perrigo (NYSE: PRGO) buying Elan (NYSE:...