Fast Retailing Co., Asia’s biggest clothing retailer, fell the most in 10 months in Tokyo trading after lowering its annual profit forecast, citing higher costs and weak demand.
Chico’s FAS Inc., the operator of more than 1,400 women’s clothing stores, rose the most in more than two years after Leonard Green & Partners LP disclosed a 1.3 percent stake in the company.
IMS Health Holdings Inc., a 60-year- old company that sells data on prescription use to drugmakers and analysts, rose in its trading debut.
Companies using technology to try and shake up the health-care industry have been rewarded with sky-high valuations. IMS Health Holdings Inc. won’t be one.
Johnson & Johnson accepted the $4 billion offer from Carlyle Group LP made in January to acquire the health-care products company’s only diagnostics division.
U.S. employers probably added more workers to payrolls in March than the 175,000 a month earlier as the jobless rate fell.
J. Crew Group Inc., the retail chain owned by TPG Capital and Leonard Green & Partners LP, reported a 42 percent drop in fourth-quarter profit amid a broader decline in shopping-mall traffic.
IMS Health Holdings Inc., the health-care focused information-technology company taken private four years ago, seeks to raise as much as $1.37 billion in its initial public offering, valuing itself at almost $7 billion.
For $5 billion, J. Crew Group Inc.’s private-equity owners might be wise to sell the preppy clothing retailer to Uniqlo operator Fast Retailing Co.
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