Seven & i Holdings Co., Ltd. (OTCMKTS:SVNDY – Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $11.97 and traded as high as $12.95. Seven & i shares last traded at $12.92, with a volume of 104,560 shares trading hands. […]
Japan-based retailer Seven & i Holdings intends to keep the roughly 5,000 workers at its loss-making department store Sogo & Seibu employed even after the unit .
ValueAct Capital, a U.S.-based fund and major shareholder of Seven & I, was seeking to replace several directors, including current President Ryuichi Isaka, with their own candidates.