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Amid Strong Sales, Nordstrom Launches First Give-Back Brand

2014-08-16 02:51:10| Apparel - Topix.net

Amid stronger sales results and a major menswear acquisition, Nordstrom is showing its softer side, and says it is launching its first-ever private label "give-back" brand.

Tags: sales brand strong launches

 

Top hedge funds flocked to Allergan amid bid backed by Ackman

2014-08-15 04:48:20| Biotech - Topix.net

Billionaire investor William Ackman, who often says he is flattered when others follow him into a stock he likes, was joined by several prominent hedge funds that made new bets on takeover target Allergan Inc made public their pursuit of the Botox maker in late April.

Tags: top funds bid backed

 
 

No Room at the Bin for Grain Amid Buffett's BNSF Rail Jam

2014-08-14 10:56:09| Railroads - Topix.net

With the start of the spring-wheat harvest in Arnegard, North Dakota, a week away, the bins on Bob Wisness's 11,000-acre farm are half full with last year's crops that have been stranded by a train traffic jam.

Tags: room bin jam rail

 

China Mobile first half profit falls 8.5 per cent amid heavy spending to roll out 4G service

2014-08-14 10:00:02| Telecom - Topix.net

China Mobile Ltd., the world's biggest phone carrier by number of subscribers, said Thursday its first-half profit fell 8.5 per cent as the company rolled out fourth-generation service.

Tags: service out china half

 

Oil declines below $104 amid ample supplies

2014-08-14 01:00:00| Offshore Technology

Brent crude declined below $104 a barrel on Thursday amid ample supplies despite the current situation in Ukraine and Iraq, and concerns over weak demand.

Tags: supplies oil ample amid

 

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