Hints and tips:
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com. You can build it, but will they come?...
...Xerox wants to give HP’s board its walking papers We’re all guilty of overusing the David v Goliath trope but in the case of Xerox and HP, it really does apply....
...DD’s Indap v NYU’s Damodaran: Is stock compensation good or bad?...
...“All the broad themes of the Trump rally — deregulation; infrastructure; tax reform; domestic v international — seem almost tailor-made to trigger a cable rally,” wrote analysts at Moffett Nathanson....
...Mr Cohen, who wound down his hedge fund, SAC Capital, after the company pleaded guilty to insider trading charges in 2013, controls 3.8m shares through his investment firm Point 72....
...Energy Future Holdings Corp., previously called TXU Corp., is lining up loans to keep two subsidiaries operating during bankruptcy proceedings after months of talks have failed to produce an agreement with...
...China Investment Corp has stopped buying European debt, says Bloomberg....
...CA Inc climbed 9.6 per cent to $25.02 as the software developer easily beat analyst expectations....
...Fashion group Nordstrom was down 2.8 per cent to $49.26, after a filing showed executives had sold shares last week....
...CPI International, the telecoms equipment maker, was bought by an affiliate of Veritas Capital for $19.50 per share in cash, or $525m....
...The broader indices were mixed in very light trading volumes....
...Pacer International surged 10.2 per cent to $6.94 on the release of better-than-expected first-quarter results....
...Macy’s gave up 6.3 per cent to $11, while Best Buy dropped 5.3 per cent to $32.08 and Nordstrom, the clothing retailer, declined 7.1 per cent to $18.63....
...“We’ve got brands that transfer well into international markets.”...
...Nordstrom and JC Penney each lost 4.1 per cent, to $34.07 and $41.43 respectively....
...In a sign that consumers were trading down to cheaper stores amid soaring oil and food prices, same-store sales at Wal-Mart’s US stores rose 5.8 per cent, excluding fuel, above its own expectations of a...
...Bear Stearns upgraded Nordstrom ’s shares prompting a gain of 5.4 per cent to $38.85....
...New sales figures from the leading US retailers on Thursday painted a picture of stressed shoppers “trading down” and focusing increasingly on price in the face of growing economic pressures....
...Sears Holdings and Nordstrom , the department store chains, fell 5.9 per cent to $86.02 and 5 per cent to $30.17 respectively....
...Nordstrom , the high-end retailer, came in well ahead of expectations....
...Ensco International , which is also moving rigs to Saudi Arabia, gained 4.4 per cent to $44.69....
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