Foot Locker reported earnings as CEO Mary Dillon leads the legacy retailer through an ambitious turnaround. But some analysts say it has gone too slowly.
Continue readingCategory Archives: Uncategorized
Why private equity has been involved in every recent bank deal
New York Community Bank’s $1 billion-plus capital raise is the latest example of private equity players coming to rescue a regional bank.
Continue readingSaturday morning cartoons, streaming anytime: Why kids content is vital to subscriber growth
The unique thing about kids content is that streamers don’t need a lot of it to keep kids occupied.
Continue readingA handful of space companies are running out of cash and time. Here are three at risk
While many space companies battened the hatches to survive, a few publicly-traded names are running on fumes.
Continue readingMerck, Johnson & Johnson CEOs agree to testify in Senate hearing on high drug prices
The CEOs of Merck, Johnson & Johnson and Bristol Myers Squibb will testify at the hearing on drug prices, Sen. Bernie Sanders said.
Continue readingSevere winter weather dampens home sales, keeping prices high, Redfin says
A Thursday report from Redfin explained the recent drop in home sales is in part caused by severe winter weather across the country.
Continue readingComcast shares rise on earnings beat, better than expected broadband performance
Comcast beat earnings estimates and raised its dividend by 7% as broadband subscribers fell less than analysts expected.
Continue readingRetail CEO turnover soars, and fewer women hold top jobs in the industry
CEO turnovers are spiking, and rising in the retail industry in particular — but the sector is rarely hiring women for its top jobs.
Continue readingArkhouse has financing in place for a Macy’s take-private, managing partner Kahane says
“Based on public information, there isn’t a bank in the world that would give you committed financing, and that’s just par for the course,” Kahane […]
Continue readingHumana stock plunges on dismal 2024 forecast, as insurers face soaring medical costs
The medical cost increases reflect an increasing number of older adults returning to hospitals to undergo procedures they had delayed during the pandemic.
Continue reading