US Refiners Reduce Crude Processing For First Time Since 2009
For the first time since the crisis of 2008/2009, U.S. refiners have reduced their crude processing rates as a result of weaker oil product demand …read more […]
For the first time since the crisis of 2008/2009, U.S. refiners have reduced their crude processing rates as a result of weaker oil product demand …read more […]
Japanese hotel operator Unizo Holdings said on Sunday it had received six more buyout offers at a price competitive with an existing $1.6 billion bid proposed by Blackstone Group. Unizo said it had received offers from four overseas investment funds and one Japanese fund as well as one domestic company, without naming the bidders. Unizo said none of the offers would meet its demands. …read more […]
Amazon.com Inc will open a store on Chinese e-commerce platform Pinduoduo on Monday, a source familiar with the matter said, in a sign of how the U.S. firm’s China strategy is evolving after it shut its own online store in the country. Amazon closed its Chinese marketplace in July, having found it difficult to gain traction in the face of intense competition from entrenched, home-grown rivals like Alibaba Group Holding’s Tmall marketplace and JD.com. It said at the time it would increase its focus on selling goods from abroad to Chinese buyers via its global platform. …read more […]
Bulgari owner LVMH is nearing a deal to acquire Tiffany for $135 per share, the sources said, adding that a deal could be announced either on Sunday or Monday. Reuters reported this week that LVMH had persuaded Tiffany to provide it with confidential due diligence after it raised its bid to close to $16 billion. Tiffany earlier this month rebuffed LVMH’s initial $120-per-share all-cash offer, arguing it significantly undervalued the company. …read more […]
Even when a business is losing money, it’s possible for shareholders to make money if they buy a good business at the… …read more […]
Unfortunately for some shareholders, the Insperity (NYSE:NSP) share price has dived 31% in the last thirty days. Even… …read more […]
(Bloomberg) — Novartis AG is close to a deal to buy Medicines Co., the developer of a promising cholesterol drug, for $85 a share, according to news reports.An agreement could be announced today, according to the Wall Street Journal, which assigned a $7 billion price tag to the deal. Umer Raffat, an analyst at Evercore ISI, put the transaction value at $9.1 billion when taking the fully diluted shares into account.The Swiss drugmaker has been conducting due diligence on the Parsippany, New Jersey-based company, Bloomberg reported last week. At $85 a share, Novartis would be paying about a 45% premium …read more […]
Vanguard founder Jack Bogle helped spearhead the low-cost index fund, putting average returns within reach of every… …read more […]
As you might know, Nordstrom, Inc. (NYSE:JWN) recently reported its third-quarter numbers. It looks like a credible… …read more […]
If you’re interested in Foot Locker, Inc. (NYSE:FL), then you might want to consider its beta (a measure of share… …read more […]
Perched 15 feet in the air, “Tennessee’s first luxury treehouse” in Bloomington, Tennessee is designed to awe and inspire adults. …read more […]
Last week, you might have seen that Jack in the Box Inc. (NASDAQ:JACK) released its yearly result to the market. The… …read more […]
The latest edition of Yahoo U breaks down fixed-income investing. …read more […]
To the annoyance of some shareholders, DISH Network (NASDAQ:DISH) shares are down a considerable 92% in the last… …read more […]
After leaving her family in Juárez, Mexico in 2011 to come to New York City and pursue a career in fashion, Amirah Kassem’s baking side hustle exploded on Instagram. …read more […]
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