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The Wall Street Journal: Samsonite close to deal for luxury luggage maker Tumi
2016-03-03 07:15:50| Furniture - Topix.net
Samsonite International SA is nearing a deal to buy luxury luggage maker Tumi Holdings Inc., according to people familiar with the matter. Exact terms of a deal couldn't be learned, but with a typical premium and given its market value of $1.4 billion, the takeover could value Tumi at close to $2 billion.
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The Wall Street Journal: CSX rebuffed $20 billion Canadian Pacific merger offer
2016-03-02 04:04:41| Railroads - Topix.net
Canadian Pacific Railway Ltd., which is pressing an unwanted takeover bid for Norfolk Southern Corp., recently revived a $20 billion-plus effort to combine with CSX Corp. in the latest sign of its eagerness to bring consolidation to the industry. in January, according to people familiar with the matter and Canadian Pacific Chief Executive Hunter Harrison.
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Wall Street Is Hungry For Costco, Kroger Earnings
2016-02-29 01:52:34| Grocery - Topix.net
The parade of quarterly results from the big retailers begins to wind down this week. Among those taking their turns on the earnings stage in the first week in March are Costco Wholesale Corporation and The Kroger Co .
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Wall Street mixed as Apple rises and banks warn about oil
2016-02-24 23:22:37| Telecom - Topix.net
US stocks were mixed on Wednesday as investors focused on banks' vulnerability to decade-low oil prices that have left energy companies struggling to pay their debts, while a rise in Apple propped up the S&P 500. Six of the 10 major S&P sectors traded higher, with telecoms up 0.55 per cent thanks to a 0.77 per cent increase in AT&T.
Wall Street Bulls Still Like Micron After Analyst Day
2016-02-16 18:41:27| Semiconductors - Topix.net
Following Micron Technology, Inc. 's Analyst Day on February 12, analysts across the Street are weighing in on the semiconductor provider. With a series of upgrades already coming in, Micron has seen a significant increase on the day, after a long Presidents' Day weekend.
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