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Nasdaq 100 Up 1% as US Yields Tumble on Fed Wagers: Markets Wrap
Bloomberg via Yahoo Finance Canada· 19 minutes ago...past signals of an economic slowdown to focus on prospects for Federal Reserve rate cuts.Most...
Amazon, Macy's rise; Robinhood Markets, APA fall, Friday, 7/5/2024
Associated Press Finance via Yahoo Finance Canada· 1 hour ago(AMZN), up $2.33 to $199.92. The online retail giant will hold a minority stake in the company resulting from HBC's buyout of Neiman Marcus Group. Macy' ...
S&P 500 Hits Fresh Highs as US Yields Sink on Jobs: Markets Wrap
Financial Post· 5 hours agoThe S&P 500 headed toward a fresh record and Treasury yields dropped across the curve as data showed...
Saks’ Online CEO Says Amazon to Help ‘Future-Proof’ Neiman Deal
The Business of Fashion· 5 hours agoAmerica’s two largest luxury department-store chains are combining — and they’ll rely in part on the...
Hudson’s Bay Co. to buy luxury retailer Neiman Marcus in US$2.65-billion deal
The Globe and Mail· 20 hours agoThe parent company of Canadian retailer Hudson’s Bay is buying Neiman Marcus Group in a...
A Deal at Last: Assessing the Future for ‘Saks Global’
WWD via Yahoo Finance Canada· 22 hours agoAfter years of off-and-on merger talks, a definitive $2.65 billion deal involving Amazon, Rhône...
Saks Owner Seals $2.65 Billion Neiman Deal With Amazon Help
Bloomberg via Yahoo Finance Canada· 1 day ago(Bloomberg) -- The owner of Saks Fifth Avenue is acquiring Neiman Marcus Group for $2.65 billion — a...
Saks owner said to be nearing deal to buy Neiman Marcus for $2.65 billion
LA Times via Yahoo Finance Canada· 2 days agoAmazon.com Inc. and Salesforce Inc. will help facilitate the deal by Saks owner Hudson’s Bay Co. The tech firms will take minority...
Macy’s Investor Group Raises Buyout Offer Again, WSJ Reports
Bloomberg· 2 days agoArkhouse Management Co. and Brigade Capital Management have raised their buyout offer for Macy’s Inc...
15 of the richest self-made teenagers in the US
AOL· 2 days agoStacker has compiled a list of 15 teenagers, from actors to influencers to bakers, who have created their own opportunities and wealth.