Business

United States activist investor urges Hudson's Bay to go private

United States activist investor urges Hudson's Bay to go private

Royal Bank Of Canada restated a sector perform rating and set a C$13.00 target price on shares of Hudson's Bay Co in a research report on Monday, June 5th. The company has said in the past that the building is worth US$3.7 billion. Or office? Or boutique retail stores the likes of Apple and Gucci? In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC Joint Venture.



CT firms at Paris Air Show

Other customers will be announcing their orders throughout the week, it said. In 2005, Airbus debuted its much anticipated double-decker A380 superjumbo airliner. "Many airports are running out of capacity and for those airports this is a ideal aircraft", said Ajay Singh, the chairman of low-priced Indian airline SpiceJet, as his company signed a provisional deal to buy 40 MAX 10s.



Johnson Controls International PLC (JCI) Stake Boosted by Ecofin Ltd.

Capital Guardian Trust Co. acquired a new stake in shares of Johnson Controls International PLC during the fourth quarter worth $212,000. Johnson Controls Inc. Lmr Prtn Llp has 0.14% invested in Johnson Controls International plc Ordinary Share (NYSE:JCI). COPYRIGHT VIOLATION WARNING: This story was originally reported by Markets Daily and is owned by of Markets Daily.



Tight US labor market should push inflation higher -Fed's Dudley

But its rally was tempered by Friday's weaker-than-expected housing and consumer sentiment data. New York Fed President William Dudley is due to take part in a roundtable with local business leaders in Plattsburgh, New York. The greenback that slipped to 5-day lows of 1.2814 against the pound and 0.9696 against the franc bounced off to 1.2772 and 0.9729, respectively. It hardly budged on news that a van ploughed into worshippers leaving a London mosque on Monday, killing at least one ...



Public Protector: Absa Must Pay Back The Money

It will now be up to the SIU to uncover the public funds which were "unlawfully given" to Absa, as Mkhwebane has found. "The conduct of the South African government and the South African Reserve Bank goes against the ethos laid out in the preamble of the Constitution and section 195 of the Constitution in respect of redressing social injustices and promoting efficiency".



EQT Corporation Is Buying Rice Energy For $6.7 Billion

EQT said the deal would give it access to Rice Energy's midstream assets, including a 92 percent interest in Rice Midstream GP Holdings. Highbridge Capital Management LLC increased its position in Rice Energy by 547.6% in the third quarter.