23 June, 2017 by The TZ Newswire Staff Comments Off on Can the Nordstrom Family Afford to Take the Company Private?
Can the Nordstrom Family Afford to Take the Company Private?
The Nordstrom family owns 31% of the upscale department store chain. Earlier this month, Nordstrom (NYSE: JWN) announced that the founding family is exploring options to buy the rest of the company’s stock.
In this segment from Industry Focus: Consumer Goods, the team discusses how the family would try to finance and execute such a deal. A private equity firm might chip in $1 to $2 billion in equity, but the company would still have to take on billions in debt in any buyout scenario.
23 June, 2017 by The TZ Newswire Staff Comments Off on New York’s "Billionaires Row" Suffers Biggest Foreclosure In History
New York’s "Billionaires Row" Suffers Biggest Foreclosure In History
In the latest sign that NYC’s ultra-high end property market is on the verge of imploding after a wave of overly aggressive development, another luxury condo at Manhattan’s One57 tower, a member of “Billionaire’s Row,” a group of high-end towers clustered along the southern edge of Central Park, has gone into foreclosure – the second in the span of a month.
The 6,240-square-foot (580-square-meter) full-floor penthouse in question, One57’s Apartment 79, sold for $50.9 million in December 2014, making it the eighth-priciest in the building.
23 June, 2017 by The TZ Newswire Staff Comments Off on SANNE Names Murray Head Of EMEA Fund Services
SANNE Names Murray Head Of EMEA Fund Services
Global alternative fund administration services provider SANNE has named former Orangefield executive Sean Murray as its new head of fund services for the EMEA region.
23 June, 2017 by The TZ Newswire Staff Comments Off on Elliott Wave Update 23 June 2017
Elliott Wave Update 23 June 2017
23 June, 2017 by The TZ Newswire Staff Comments Off on UN Report Reveals Nations Producing Most Refugees Were Targets Of US Intervention
UN Report Reveals Nations Producing Most Refugees Were Targets Of US Intervention
Authored by Whitney Webb via TheAntiMedia.org,
A UN report has shown that more than 65 million people were forced to leave their home countries last year, becoming refugees due to deadly conflict. The top nations from which refugees fled have one thing in common, they were all targets of US intervention.
23 June, 2017 by The TZ Newswire Staff Comments Off on Q&A: MackeyRMS’s Chris Mackey On A High Tech Fix To Broker Votes
Q&A: MackeyRMS’s Chris Mackey On A High Tech Fix To Broker Votes
.img_assist_custom.png "Chris Mackey")
Chris MackeyThe looming implementation of the EU’s MiFID II rules regarding research has put a spotlight on tools that will help managers deal with a host of new requirements and sparked a wave of innovation in the research process at large.
23 June, 2017 by The TZ Newswire Staff Comments Off on Securities and Exchange Commission v. James M. Farinella, et al.,
Securities and Exchange Commission v. James M. Farinella, et al.,
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 23864 / June 21, 2017
Securities and Exchange Commission v. James M. Farinella, et al., Case No. 2:17-cv-04538 (D.N.J. filed June 21, 2017)
SEC Files Fraud Charges Against Stock Promoters in Market Manipulation Scheme
The Securities and Exchange Commission today charged a New Jersey-based group of stock promoters with fraud involving the manipulation and artificial…