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Reuters - 2 days ago

Saks owner to buy luxury retailer Neiman Marcus in $2.65-billion deal

UPDATE 2-Saks owner to buy luxury retailer Neiman Marcus in $2.65-billion deal Recasts paragraph 1 and adds background on companies and deal in paragraphs 4, 6, 8, 10-12 July 4 (Reuters) - Saks Fifth Avenue parent HBC will acquire department-store chain Neiman Marcus in a $2.65-billion deal, the companies said on Thursday, giving them stronger negotiating power with vendors and greater ability to control costs.
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Reuters - 2 days ago

HBC, Parent Of Saks Fifth Avenue, To Acquire Neiman Marcus Group For $2.65 Billion And Establish Saks Global

BRIEF-HBC, Parent Of Saks Fifth Avenue, To Acquire Neiman Marcus Group For $2.65 Billion And Establish Saks Global July 4 (Reuters) - HBC: HBC, PARENT OF SAKS FIFTH AVENUE, TO ACQUIRE NEIMAN MARCUS GROUP FOR $2.65 BILLION AND ESTABLISH SAKS GLOBAL, A TECHNOLOGY-POWERED LUXURY RETAIL COMPANY HBC: UPON TRANSACTION CLOSE, HBC WILL ESTABLISH SAKS GLOBA
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Reuters - 3 days ago

Saks owner to buy Neiman Marcus, source says

UPDATE 4-Saks owner to buy Neiman Marcus, source says Changes sourcing and adds analyst comments By Ananya Mariam Rajesh and Greg Roumeliotis July 3 (Reuters) - The parent of Saks Fifth Avenue agreed to buy rival Neiman Marcus, a person familiar with the matter told Reuters on Wednesday, a move that is expected to give the struggling luxury retailers more power to negotiate with vendors.
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Reuters - 4 days ago

Salesforce signals CEO pay is easy come, easy go

BREAKINGVIEWS-Salesforce signals CEO pay is easy come, easy go The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Pranav Kiran TORONTO, July 2 (Reuters Breakingviews) - Sometimes shareholders are asleep at the switch. Other times, they’re quick to pull the trigger. With $246 billion Salesforce CRM.N and its leader Marc Benioff, they seem to be getting antsy.
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Reuters - 5 days ago

Battles over CEO pay across the globe

FACTBOX-Battles over CEO pay across the globe Recasts paragraphs 1 & 2 to add Salesforce shareholders rejecting CEO compensation plan; adds Tesla shareholders' approval of CEO Elon Musk's pay package July 2 (Reuters) - A majority of Salesforce CRM.N shareholders voted against a compensation plan for CEO Marc Benioff and other top executives, according to a security filing on Monday.
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Reuters - 5 days ago

Salesforce shareholders reject compensation plan for CEO, other top executives

UPDATE 1-Salesforce shareholders reject compensation plan for CEO, other top executives Adds background and details from paragraph 2 onwards July 1 (Reuters) - A majority of Salesforce CRM.N shareholders voted against a compensation plan for its CEO Marc Benioff and other top executives, according to a security filing on Monday. T he resolution to approve the compensation received 339.3 million votes in favor versus 404.8 million against, the filing said.
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Reuters - 5 days ago

Salesforce shareholders reject compensation plan for CEO, other top executives

Salesforce shareholders reject compensation plan for CEO, other top executives July 1 (Reuters) - A majority of Salesforce CRM.N shareholders voted against a compensation plan for its CEO Marc Benioff and other top executives, according to a security filing on Monday. Reporting by Harshita Mary Varghese; Editing by Alan Barona
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Reuters - 5 days ago

Amazon sidesteps carbon offset standard Bezos helped fund

CORRECTED-FOCUS-Amazon sidesteps carbon offset standard Bezos helped fund Corrects 9th paragraph to show that the companies' plans involved Abacus-certified or equivalent types of credits, not only Abacus-certified credits By Virginia Furness July 1 (Reuters) - Amazon AMZN.O has become the first company to sidestep a global standard for verifying carbon offsets that was developed by a non-profit funded largely by the U.S.
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Reuters - 6 days ago

Amazon sidesteps carbon offset standard Bezos helped fund

FOCUS-Amazon sidesteps carbon offset standard Bezos helped fund Adds scientific analysis, further detail on agroforestry focus By Virginia Furness July 1 (Reuters) - Amazon AMZN.O has become the first company to sidestep a global standard for verifying carbon offsets that was developed by a non-profit funded largely by the U.S. technology conglomerate's founder and executive chair, Jeff Bezos.
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Reuters - 6 days ago

European regulators crack down on Big Tech

FACTBOX-European regulators crack down on Big Tech Updates with EU charges against Meta July 1 (Reuters) - European regulators have launched a series of probes into Big Tech. In the latest moves, the EU antitrust authority charged Meta META.O and Apple AAPL.O of breaching its Digital Markets Act (DMA) and Microsoft MSFT.O of illegally tying its Office and Teams products.
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Reuters - 6 days ago

Amazon sidesteps carbon offset standard Bezos helped fund

FOCUS-Amazon sidesteps carbon offset standard Bezos helped fund By Virginia Furness July 1 (Reuters) - Amazon AMZN.O has become the first company to sidestep a global standard for verifying carbon offsets that was developed by a non-profit funded largely by the U.S. technology conglomerate's founder and executive chair, Jeff Bezos. Amazon is backing the development of a new standard that could allow the online retailer and cloud-computing provider to overcome a dearth of supply for quality-label
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Reuters - 6 days ago

European regulators crack down on Big Tech

FACTBOX-European regulators crack down on Big Tech Updates with FT report on possible EU charges to Meta July 1 (Reuters) - European regulators have launched a series of probes into Big Tech. In the latest moves, the EU antitrust authority charged Apple AAPL.O of breaching its Digital Markets Act (DMA) and Microsoft MSFT.O of illegally tying its Office and Teams products.
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Reuters - 1 week ago

Salesforce Announces Quarterly Dividend of $0.40 Per Share

BRIEF-Salesforce Announces Quarterly Dividend of $0.40 Per Share June 27 (Reuters) - Salesforce Inc CRM.N : SALESFORCE ANNOUNCES QUARTERLY DIVIDEND SALESFORCE INC - DECLARED A QUARTERLY CASH DIVIDEND OF $0.40 PER SHARE Source text for Eikon: ID:nBwbHq9kYa Further company coverage: CRM.N
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Reuters - 1 week ago

S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT S&P 500 .SPX Top Performers Percent Change Super Micro Computer Inc SMCI.OQ +6.7% Palo Alto Networks Inc PANW.OQ +5.6% Arista Networks Inc ANET.N +4.2% Salesforce Inc CRM.N +4.1% McCormick & Company Inc MKC.N +3.7% Bottom Performers Percent Change Walgreens Boots Alliance Inc W
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Reuters - 1 week ago

U.S. STOCKS Tempus AI, AeroVironment, Gold miners

BUZZ-U.S. STOCKS ON THE MOVE-Tempus AI, AeroVironment, Gold miners Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock indexes were flat on Thursday, as investors assessed a string of economic data ahead of the Federal Reserve's closely watched inflation report, while Micron and pharmacy chain Walgreens Boots Alliance slumped on disappointing forecasts.
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Reuters - 1 week ago

S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT S&P 500 .SPX Top Performers Percent Change Salesforce Inc CRM.N +5.3% Palo Alto Networks Inc PANW.OQ +4.4% McCormick & Company Inc MKC.N +4.2% Super Micro Computer Inc SMCI.OQ +3.8% Adobe Inc ADBE.OQ +3.4% Bottom Performers Percent Change Walgreens Boots Alliance Inc WBA.OQ -24
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Reuters - 1 week ago

U.S. STOCKS Verona Pharma, McCormick, gold miners

BUZZ-U.S. STOCKS ON THE MOVE-Verona Pharma, McCormick, gold miners Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq slightly fell while other indexes were flat to slightly higher on Thursday, as a dip in Treasury yields after a string of economic data boosted megacap stocks.
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Reuters - 1 week ago

Odaseva Raises $54M Series C Round

BRIEF-Odaseva Raises $54M Series C Round June 27 (Reuters) - Salesforce Inc CRM.N : ODASEVA: RAISES $54M SERIES C ROUND, BRINGING TOTAL CO FUNDING TO MORE THAN $90 MILLION Source text for Eikon: ID:nCNWz00VRa Further company coverage: CRM.N
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Reuters - 1 week ago

Salesforce challenger Creatio achieves $1.2 bln 'unicorn' status with fundraising

UPDATE 1-Salesforce challenger Creatio achieves $1.2 bln 'unicorn' status with fundraising Adds details on company's financials in paragraph 5 By Krystal Hu June 26 (Reuters) - Creatio, a low-code software platform for customer relationship management that competes with Salesforce CRM.N , said on Wednesday it had secured $200 million in a new funding round, giving it "unicorn" status with a valuation of $1.2 billion.
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Reuters - 2 weeks ago

CData Software raises $350 mln in Warburg Pincus-led funding

UPDATE 1-CData Software raises $350 mln in Warburg Pincus-led funding Adds annual revenue for this year in paragraph 4 June 26 (Reuters) - Data connectivity solutions provider CData Software said on Wednesday it had raised nearly $350 million in growth equity financing led by U.S. private equity firm Warburg Pincus. Enterprises are processing more data than ever to support their AI strategies, said CData, whose clients include Salesforce CRM.N , Office Depot and FedEx FDX.N .
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