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Catalyst seeks financing to top Hudson’s Bay deal-sources

43 mins ago NAMEX Comments Off on Catalyst seeks financing to top Hudson’s Bay deal-sources
(Reuters) – Private equity firm Catalyst Capital Group Inc is seeking financing for a bid for Saks Fifth Avenue owner Hudson’s Bay Co that would top a C$1.9 billion ($1.4 billion) deal the retailer reached last month to sell itself to a consortium led by the department store operator’s executive chairman, Richard Baker, according to Read More

Xerox threatens to launch hostile bid for HP Inc

2 hours ago NAMEX Comments Off on Xerox threatens to launch hostile bid for HP Inc
FILE PHOTO: The company logo for Xerox is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 11, 2019. REUTERS/Brendan McDermid (Reuters) – Xerox Corp (XRX.N) on Thursday threatened to go hostile with its $33.5 billion buyout bid for HP Inc (HPQ.N), if the personal Read More

Is this what Tesla’s Cybertruck electric pickup looks like?

4 hours ago NAMEX Comments Off on Is this what Tesla’s Cybertruck electric pickup looks like?
The pieces of Tesla’s Cybertruck pickup may be coming together. A member of the CYBRTRK Owners Club fan forum has made a composite of the two teaser images of the upcoming electric truck that have been released so far to create a picture of what it might look like when it debuts on Thursday night. Read More

Vestas – Transactions in connection with share buy-back programme 14 – 20 November 2019

4 hours ago NAMEX Comments Off on Vestas – Transactions in connection with share buy-back programme 14 – 20 November 2019
Vestas Wind Systems A/S, Aarhus, 21 November 2019Company announcement No. 20/2019 Transactions in connection with share buy-back programme 14 – 20 November 2019 On 7 November 2019, Vestas initiated a share buy-back programme, ref. Company announcement No. 17/2019. The programme is implemented in accordance with Regulation No. 596/2014 of the European Parliament and of the Council Read More

Prairie Provident Announces Successful Princess Drilling Update

4 hours ago NAMEX Comments Off on Prairie Provident Announces Successful Princess Drilling Update
CALGARY, Alberta, Nov. 21, 2019 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“PPR” or the “Company”) (TSX:PPR) announces an operational update highlighting the successful initial results from a new well in the Company’s core Princess operating area. Princess Area New Well Results PPR’s latest 102/08-04-021-11W4 well is the Company’s seventh successful Lithic Glauconite well drilled Read More

OPEC+ likely to extend oil supply cuts until June: sources

6 hours ago NAMEX Comments Off on OPEC+ likely to extend oil supply cuts until June: sources
DUBAI/MOSCOW (Reuters) – OPEC and its allies are likely to extend existing oil output cuts when they meet next month until mid-2020, with non-OPEC oil producer Russia supporting Saudi Arabia’s push for stable oil prices amid the listing of state oil giant Saudi Aramco. FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Read More

Builder Now Enables Businesses to Bring App Ideas to Life in Minutes

8 hours ago NAMEX Comments Off on Builder Now Enables Businesses to Bring App Ideas to Life in Minutes
Businesses can now prototype a tailor-made app for free in as little as 10 minutes Fast, affordable app prototyping takes the pain away from software development and speeds up go-to-market for new business ideas. 20th November – Builder.ai, the platform that lets people build apps without coding, today announced Builder Now, an instant prototyping tool Read More

Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall

10 hours ago NAMEX Comments Off on Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall
HONG KONG (Reuters) – A late-year rush of giant global share sales led by Alibaba’s $13 billion Hong Kong listing and Aramco’s $26 billion initial public offering is failing to deliver an equivalent payday for equities bankers. A logo of Alibaba Group is seen at the company’s headquarters in Hangzhou, Zhejiang province, China, November 18, Read More

Andrew Lloyd Webber tackles West End ticket touts

16 hours ago NAMEX Comments Off on Andrew Lloyd Webber tackles West End ticket touts
Andrew Lloyd Webber has announced he is to join forces with ticket resellers Twickets in a bid to beat the touts. The theatrical grandee’s LW playhouses, which include The London Palladium the Theatre Royal Drury Lane, hope the move will bring “consumer-friendly ticket resale to the West End”. Fans have often found themselves ripped off Read More

Conservative group’s study: ‘Medicare-for-All’ would worsen financial situation for majority of US households

17 hours ago NAMEX Comments Off on Conservative group’s study: ‘Medicare-for-All’ would worsen financial situation for majority of US households
The conservative Heritage Foundation released a study on Tuesday directly challenging the idea that a “Medicare-for-All” plan would lower costs for middle-class families. Heritage concluded that while the health care overhaul would lower health care costs, it would raise overall costs by requiring substantial tax increases. Most American workers would purportedly have to give roughly 36.5 Read More