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This market continues to show resilience, but there’s also a lot of selling pressure. Technical support could see another test today, but the question is whether “buy the dip” will happen again. ....
Department-store chain Kohl's Corp said on Wednesday it has reached a deal with a group of activist investors to avoid a proxy fight, agreeing to add two of the group's nominees to its board as independent directors. ....
By Reuters Staff 2 Min Read FILE PHOTO: The logo and trading informations for Kohl s is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 13, 2020. REUTERS/Brendan McDermid (Reuters) -Department-store chain Kohl’s Corp said on Wednesday it has reached a deal with a group of activist investors to avoid a proxy fight, agreeing to add two of the group’s nominees to its board as independent directors. The company will also add an independent director to the board at the same time and said that it expanded its share buyback plan to $2 billion. ....
Kohl's And Activist Investors Reach Agreement, Add New Directors forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
WASHINGTON â At first, it was expected to be brief. At least, that was the hope. Instead, a once-in-a-century pandemic has ground on for a year, throwing millions out of work and upending wide swaths of the American economy. Delivery services thrived while restaurants suffered. Home offices replaced downtown offices. Travel and entertainment spending dried up. The job losses were swift and harsh. But, they hardly fell equally across the economy. Black and Hispanic workers fared worse than others. And many women, mostly mothers, felt compelled to quit the workforce to care for children being schooled online from home. Despite the job cuts, Americans as a whole socked away a record level of savings, buoyed by government aid to the unemployed and income that higher-paid workers, hunkered down at home, managed to squirrel away. ....