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Analysts at Credit Suisse felt it prudent to rebuild their valuation model on Amazon.com, Inc. (NASDAQ: AMZN) as the Street is likely missing out on a working capital benefit from a more rapid growth of Amazon s third party gross merchandise value and the positive impact on free cash flow.
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A prominent building in Burnley town centre looks set to be transformed into apartments and retail units.
Wednesday, 6th January 2021, 3:45 pm
The property, at the foot of Manchester Road, which was home to the town s branch of the Halifax Building Society for many years, has been bought by well known property developer Ian Walker.
The three storey building, next to The Brun Lea pub, had been on the market with a guide price of £150,000 and Mr Walker revealed that he faced competition from several out of town investors to buy it.
He plans to create nine luxury apartments, including two penthouse apartments, and four retail units on the ground floor.