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EY Fails to Reach Deal on Split
A revolt that has upended the planned breakup of accounting firm Ernst & Young is being driven by two longtime U.S. auditors who believe their
JD.com’s Property and Industrial Units Seek About $1 Billion Each in Hong Kong IPOs
Markets Stocks IPOs Chinese e-commerce giant says it plans to spin off the two businesses through separate listings Source link
Bed Bath & Beyond Ends Hudson Bay Deal, Turns to Market for $300 Million to Avoid Bankruptcy
Bed Bath & Beyond Inc. said it will try to sell up to $300 million of common stock in the open market while terminating a
JD.com's Property and Industrial Units Seek About $1 Billion Each in Hong Kong IPOs
The Chinese e-commerce giant said it plans to spin off the two businesses through separate listings. Source link
New Corporate Minimum Tax Could Ensnare Some Firms Over One-Time Moves
Companies including CenterPoint Energy and American Water Works seek government guidance on how the sale of a business unit might trigger the 15% levy. Source
March Swoon Is Nothing New for Bank Investors
Markets Finance The KBW Nasdaq Bank Index is on track for its fourth-worst month on record Source link
Satellite Operators SES, Intelsat Discuss Merger as Industry Looks to Consolidate
A possible combination could position the two to compete with Elon Musk’s Starlink service. Source link
Credit Suisse Has UBS Worried, Spurring Return of Sergio Ermotti
Markets Heard on the Street Hiring a trusted pair of hands for the task of integrating Credit Suisse is good news, but also highlights the
Carl Icahn Wants to Bring Illumina’s Old CEO Back, Disney-Style
WSJ News Exclusive Heard on the Street Billionaire activist signals he wants company’s retired CEO Jay Flatley to come back and Grail divested Source link
GameStop Decides It Likes Stores After All
Ryan Cohen took control of GameStop Corp. in 2021 vowing to transform the faltering videogame retailer into an e-commerce juggernaut. Meme-stock investors loved the idea.