Hedge fund manger Bill Ackman says he will finance a takeover bid for rival bookseller Barnes & Noble at $16 a share — a 20.5% premium over Friday’s closing price. Faced with increased competition, B&N has seen sales plunge in…
A quiet week for earnings, along with new reports on consumer credit, consumer sentiment, economic optimism, wholesale trade, the U.S. trade balance and federal budget balance, should give the stock markets a chance to settle d…
Groupon has turned down Google’s acquisition offer of roughly $6 billion. It might be holding out for more money, but columnist Alex Salkever thinks it’s more likely to be aiming for a big IPO. Here’s why he believes its offeri…
The TV program “Undercover Boss” shows there’s not much difference between top management and employees. But a look at CEO vs. employee salaries tells a different story.
Continue reading ‘Undercover Boss’ Salar…
Thrifty shoppers looking for low prices on basics are frequently passing up the big boxes of Walmart for the tighter aisles of their local dollar stores. The cheaper upstarts have replaced no-name products with nationally known…