Liz Claiborne’s Decline
Today’s relatively happy August sales news from some of the U.S.’s major retailers – particularly Target, Costco and Gap – suggests people are tiptoing back into stores. They’re buying back-to-school...
View ArticleTomorrow’s News Today – The Video
Madeleine Lim and Paul Vigna discuss the awkward timing of the China, US trade dispute; Eli Lilly’s job cuts and larger strategy questions; and President Obama’s trip to Wall Street to issue a reminder...
View ArticleKKR Becomes Lender Of (Almost) Last Resort
Once upon a time when people talked about Kohlberg Kravis Roberts, you thought of takeovers – some hostile and some friendly. The business has certainly changed and even more so by the credit crisis...
View ArticleSome Unusual Trading In Kodak Bonds
After the market closed on Sept. 16 (this past Wednesday), Eastman Kodak Co. announced a plan to refinance $575 million of its 3 3/8% convertible notes through two separate private placements. Good...
View ArticleWhat’s In A Name?
How the mighty have fallen. Once upon a time, the Trump name was synonymous with getting rich through deal making, with vast real estate holdings and with entertainment (from his books like “How To Get...
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