4/15/2021 5:38:22 PM GMT | By Benzinga Team
Midway through trading Thursday, the Dow traded up 0.75% to 33,983.24 while the NASDAQ rose 1.02% to 13,999.22. The S&P also rose, gaining 0.85% to 4,159.64.
The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 31,422,220 cases with around 564,400 deaths. India confirmed a total of at least 14,074,560 cases and 173,120 deaths, while Brazil reported over 13,673,500 COVID-19 cases with 361,880 deaths. In total, there were at least 138,347,820 cases of COVID-19 worldwide with more than 2,974,830 deaths, according to data compiled by Johns Hopkins University.
Leading and Lagging Sectors
Ardelyx, Inc. ARDX 12.44%, up 12%, and
BioCryst Pharmaceuticals, Inc. BCRX 7.75%, up 13%.
Mid-Afternoon Market Update: Gold Jumps 1 8%; Dell Shares Spike Higher
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Kohl s Corp. has reached an agreement with the group of investors that have been trying to elect its own members to the retailer s board of directors.
Kohl s announced in a news release Wednesday morning that it has entered into a settlement agreement with the group of investors who collectively own around 9.5% of the company s stock.
Two of the directors nominated by the investor group will join the company s board of directors as part of the agreement. Margaret Jenkins from Citi Trends INc. and Thomas Kingsbury from Big Lots and Burlington Stores, Inc. will join the board at the end of the 2021 annual meeting of shareholders.
Be MKE: It s all about love for our city today
It s all about love for our city today.
Milwaukee is celebrating its 175th year as a city. And today we celebrate 4/14 Milwaukee Day. We re celebrating with a mix of in-person and virtual events today like live stream concerts, drink specials, free tours and both tthe Brewers and the Bucks play today.
The big deals this week: Kohl s has settled with the activist investors, tailgating is back at Brewers games and vaccines without appointments.
Let s talk business
Kohl s has reached a settlement with the investors who have been trying to take over the retailer s board of directors. Kohl s said Wednesday that it would bring two of the investors nominees onto its board. Margaret Jenkins from Citi Trends Inc. and Thomas Kingsbury from Big Lots and Burlington Stores, Inc. will join the board. “I look forward to working with our newly expanded Board to further advance our transformative strategy and deliver results for shareho
Press release content from Business Wire. The AP news staff was not involved in its creation.
Investor Group Urges Shareholders to Reject Kohl’s Misinformation Campaign
April 6, 2021 GMT
NEW YORK (BUSINESS WIRE) Apr 6, 2021
Macellum Advisors GP, LLC (together with its affiliates, “Macellum”), Ancora Holdings, Inc. (together with its affiliates, “Ancora”), Legion Partners Asset Management, LLC (together with its affiliates, “Legion Partners”), and 4010 Capital, LLC (together with its affiliates, “4010 Capital” and, together with Macellum, Ancora and Legion Partners, the “Investor Group”) today issued a letter to shareholders in connection with its nominations of five candidates for election to the Board of Directors (the “Board”) of Kohl’s Corporation (NYSE: KSS) (“Kohl’s” or the “Company”). The Investor Group is deemed to beneficially own, in the aggregate, 14,696,905 shares of the Company’s common stock, including 2,447,000 shares underly
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