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Saks Fifth Avenue's Parent Company To Buy Neiman Marcus For $2.65B, With Amazon's Help: Report
Wednesday, July 3, 2024 - 9:34pm | 529The parent company of Saks Fifth Avenue has reportedly agreed to acquire its rival Neiman Marcus for $2.65 billion. The deal, which is expected to be announced imminently, will see the involvement of Amazon.com Inc. (NASDAQ:AMZN). What Happened: The acquisition, which has been approved by the...
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Exane BNP Downgrades HBC To Underperform
Monday, November 29, 2010 - 8:40am | 41Analysts at Exane BNP downgrade HSBC Holdings (NYSE: HBC) from "neutral" to "underperform." HBC's shares lost 1.68% to close at $50.79 on Friday. More Analyst Ratings here