- Reuters
Buyout firm Sycamore vies to take Nordstrom private, sources say
Sycamore Partners is one of the buyout equity firms that have expressed interest in taking U.S. department store operator Nordstrom private, according to people familiar with the matter. Nordstrom said last month that CEO Erik Nordstrom and his brother Pete, the company's president, were exploring options to take the retailer private, confirming a Reuters report that had been published in March. Negotiations will take several weeks and there is no certainty that Sycamore, which owns regional U.S. department store operator Belk, or any other private equity suitor will reach a deal, the sources said, requesting anonymity because the matter is confidential.
- Insider Monkey
Top 11 Luxury Clothing Stocks to Invest in Now
In this article, we discuss the top 11 luxury clothing stocks to invest in now. To skip the detailed analysis of the luxury goods industry, go directly to the Top 5 Luxury Clothing Stocks to Invest in Now. Brand Affinity Guides Spending Behavior In an interview with CNBC on March 7, the CEO of luxury […]
- InvestorPlace
Analysts Are Sounding the Alarm Bells on These 7 Stocks: April 2024
Just like how “buy” ratings from Wall Street analysts can give you great ideas to add to your watchlist, “sell” ratings from these analysts can also steer you away from the stocks to avoid. That said, much like how not every stock rated “buy” ends up being a profitable investment, not every stock rated “sell” ends up in the stock market graveyard. Sure, given sell-side analysts assign stocks rarely assign “sell” ratings. With this, you may be thinking “if analysts are rating this stock a sell, t
