French children's-clothing retailer Orchestra-Prémaman - which made an offer to acquire Destination Maternity in October 2015, then entered into a later-terminated merger agreement in December 2016 - had sought the board's resignation. Orchestra owns 1,921,820 shares, or 13.8 percent, of Destination's stock.
What would that day's 22 percent market crash - a la Black Monday 1987 - look like today? The Dow Jones Industrial Average this week has soared to a new record close of 23,000 - and would have to drop over 5,000 points (5,060, to be exact) in one day to lose an equivalent 22 percent.
Investor activist Tim Stabosz holds 3 percent of Destination Maternity. "I'm a material shareholder, so I'm glad to see the company is exploring other options" including a sale of the company, he said. "I'd like to see Destination Maternity sold at a price of at least $3.00 a share or higher," said Stabosz...
It seems everybody but the student borrower gets a financial advantage, and that is a disgrace.
As you ponder your next chapter, here's a question to ask yourself: Are you a joiner or a builder?
"There's still more than $2 trillion in cash not invested - and that's just in money market funds," Leo Grohowski said. The BNY Mellon CIO noted a lot of investors sitting on the sidelines. "Each time there's a correction of even a few percent, more of that money comes rushing back into stocks."
There are now more payday loan stores in the United States than McDonald's restaurants. An estimated 12 million borrowers who lack access to credit elsewhere turn to payday lenders.
After 2020, Plans F and C, the most popular, wont be available to new participants
The new ID, called a Medicare Beneficiary Identifier, is 11 characters in length, numbers and uppercase letters, a unique, randomly assigned code. Still, you can bet fraudsters will write a script on how theyre from Medicare or Social Security and need information, including your Social Security...
REAPTalk members meet every week to hear one another's research and lectures, stimulating their senior brains to learn about a topic that's brand new.
Emmet Robinson's one-man business operation is the culmination of years of different jobs, jobs that built on themselves, including audio recording, photo restoration, voice-over work for corporations and law firm video, and business coaching for other seniors.
He has three new models that he says give the same benefits of a traditional 401(k) but are cheaper and less complex.
Thinking of retiring and don't know who will take over? This Nigerian immigrant came to Philadelphia and built a family print business - one he's grooming his son to take over.
Chris Yim dropped out of Wharton with buddy Kyle Powers in 2013 to launch the first U.S. Bitcoin ATM startup.