Author Archives
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A vertical split is against shareholder’s interest – JPMorgan Chase & Co.
JPMorgan Chase & Co. has advised shareholders to vote against any proposal that proposes a splitting up of the bank, since an internal 2015 review had concluded that such a move would go against shareholder’s interest. JPMorgan Chase & Co… Read More ›
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PacSun files for Chapter 11
Faced with increased competition from fast-fashion retailers as well as online rivals, PacSun has opted for bankruptcy protection. Pacific Sunwear of California Inc. (PacSun), a teen apparel, has succumbed to increased losses amongst fierce competition in the industry and will… Read More ›
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Saudi Arabia and Egypt sign a $21.5 billion development deal
Egypt has struggled with discontent and poverty following the crackdown on the Muslim Brotherhood. Reuters has reported citing two Egyptian government sources that Saudi Arabia is all set to sign a $20 billion deal with Egypt so as to develop… Read More ›
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What it’s like to work at Duff and Phelps
Working for a big firm within the corporate finance world can sometimes be intimidating. But at Duff & Phelps, the premier global valuation and corporate finance advisor, the culture, ambiance and results they offer can be truly enjoyable for all… Read More ›
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AccorHotels expands its presence in the luxury home rental segment
Facing increasing competition from online home sharing companies, the chain is making strategic moves to ramp up its marketshare. In a strategic move, Europe’s largest hotel group, AccorHotels, has announced that it has acquired onefinestay, a top of the line… Read More ›
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Apple’s India strategy hinges on importing refurbished iPhones
The World No. 1 & No. 2 smartphone manufacturers are battling it out to dominate the world’s fastest growing smartphone market. Loaded with special features, including a safety mode for motorcyclists, Samsung Electronics Co Ltd is shoring up its market… Read More ›
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Heads begins to roll as a result of the Panama Papers
The President of Iceland, Sigmundur David Gunnlaugsson, has resigned following the startling disclosures in the Panama Papers. In what has been ascribed as the first casualty of the ‘Panama Papers’, Sigmundur David Gunnlaugsson, Iceland’s Prime Minister, has resigned on Tuesday…. Read More ›
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PayPal protests North Carolina’s law that targets the LGBT community
North Carolina has enacted this law to safe guard children against acts, including molestations. With North Carolina passing a controversial law which targets lesbians, gays, bisexuals and transgenders, PayPal Holdings Inc. which had plans on investing $3.6 million in the… Read More ›
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Rising inflation nips at the value of the Greenback
All eyes are on Fed Chair Janet Yellen as she attempts to introduce inflation to the U.S. in a slow and controlled manner. Currency analysts are predicting a greater weakness in the greenback in the wake of the Federal Reserve… Read More ›
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New redomiciling rules lay waste to Pfizer’s acquisition of Allergan
Companies will now have to re-work their tax strategies in order to optimize their U.S. tax profile. In what has been described as a major victory for President’s Obama’s drive to curb tax dodging moves made by corporates, Pfizer Inc’s… Read More ›
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