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RR Donnelley Jumps as Party Trying to Outbid Chatham Raises Offer

By Dhirendra Tripathi Investing.com – RR Donnelley & Sons Co’s stock (NYSE:RRD) surged nearly 6% Thursday after the ‘strategic party’ that’s been trying to outbid private investment firm Chatham Asset.

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European firms make slow progress in appointing more women to boards

(Reuters) – The proportion of women in leading positions at major European companies rose last year, but fell behind schedule to reach the European Commission’s proposed target of 40% for.

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Richemont sales jump by a third in Christmas quarter

ZURICH (Reuters) – Cartier maker Richemont said on Wednesday strong demand for its jewellery and watches in the Americas and Europe helped constant currency sales rise 32% in the quarter.

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Big Credit Suisse investor Harris backs new chairman – paper

ZURICH (Reuters) – One of the largest shareholders of Credit Suisse (SIX:CSGN) has backed the embattled bank’s new chairman, Axel Lehmann, the Tages-Anzeiger newspaper said on Wednesday. Harris Associates, the.

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Big U.S. banks see higher expenses from workers’ rising wages

By Elizabeth Dilts Marshall NEW YORK (Reuters) – Big U.S. banks will spend more on salaries and benefits this year, as inflationary pressures, pandemic risks and the tight labor market.

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Nasdaq on track for correction, falls 10% below record closing high

(Corrects dateline) (Reuters) – The Nasdaq index tumbled on Wednesday, on track to confirm a correction as it briefly shed more than 10% from its record closing high on Nov..

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Unilever will not increase 50-billion-pound offer for GSK consumer arm

(Reuters) – Unilever (NYSE:UL) PLC on Wednesday effectively abandoned its plans to buy GlaxoSmithKline (NYSE:GSK)’s consumer healthcare business, saying on Wednesday that it would not raise a 50 billion pound.

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Citigroup sets rare hard target to reduce energy sector emissions

By Ross Kerber BOSTON (Reuters) -Citigroup Inc on Wednesday laid out goals to cut client emissions that included a rare “absolute reduction” target for companies in the energy sector by.

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Israel stocks lower at close of trade; TA 35 down 0.65%

Investing.com – Israel stocks were lower after the close on Wednesday, as losses in the Communication, Technology and Biomed sectors led shares lower. At the close in Tel Aviv, the.

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UnitedHealth says Omicron-driven cost impact cushioned by healthcare deferrals

By Manojna Maddipatla (Reuters) -UnitedHealth Group Inc on Wednesday said added costs of testing and treatment related to the recent surge in COVID-19 cases are being offset by postponements of.

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