When Michael Kors' company decided to buy luxury brands Jimmy Choo in 2017 and Versace in 2018, the goal was to create a luxury powerhouse that could grow the company's weak sales and create real value for shareholders.
French media conglomerate Vivendi said on Thursday it planned to list its most-prized asset, Universal Music Group, by early 2023 at the latest, following a year of record profit for the division.
At Holdings Channel, we have reviewed the latest batch of the 24 most recent 13F filings for the 12/31/2019 reporting period, and noticed that Novartis (Symbol: NVS) was held by 10 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good idea
Wayfair (NYSE: W), the e-commerce retailer who has stolen market share from home furnishings giants in recent years, is putting the brakes on its rapid expansion efforts. The company has told employees that it is cutting over 500 jobs and looking for more ways to reduce expenses
The three major U.S. stock-market indexes were near the break-even mark despite news that Chinese officials reported a dramatic increase in the number of confirmed cases of coronavirus.
(RTTNews) - The Canadian stock market is down marginally around Thursday noon after a weak start as worries about the spread of coronavirus resurfaced.
(RTTNews) - After coming under pressure early in the session, stocks have once again shown a notable recovery over the course of the trading day on Thursday. The major averages have climbed well off their worst levels, with the Nasdaq and the S&P 500 peeking above the unchan
Spotify (NYSE: SPOT) is making an acquisition -- one that may seem a little odd, at first glance, for a tech company that specializes in music streaming. Spotify has agreed to a deal with The Ringer, a sports and entertainment blogging site founded by Bill Simmons. Terms of the
Investors in Take-Two Interactive Software, Inc. (Symbol: TTWO) saw new options begin trading today, for the April 3rd expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the TTWO options chain for the new April 3rd contracts and identified on