Grupo Aeromexico SAB got pushed around by low-cost airlines in 2012 and much of 2013. Now Mexico’s largest carrier is proving that bigger is better.
Nobody saw it coming.
Men’s Wearhouse Inc. agreed to buy smaller rival Jos. A. Bank Clothiers Inc. for about $1.8 billion in cash, ending a five-month takeover battle between the two menswear retailers.
New York Times Co. shares rose to an almost four-month high today amid speculation Carlos Slim, the Mexican billionaire who already owns about 7 percent of the newspaper publisher, increased his stake.
Vulcan Materials Co. may be betting it can squeeze $1 billion more out of a takeover bid that’s already the most expensive for a U.S. building material company.
JPMorgan Chase & Co. is winning higher ratings from analysts than Apple Inc., the iPad maker that doubled since its low last year, after the European debt crisis battered the U.S. bank’s shares.
"We're disappointed to see Patrik go, he's been a great leader, he's got great vision, and he was very instrumental in the successful turnaround of the Timberland brand."
- Craig Hodges on Oct 23, 2014
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