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Nordstrom board rejects $8.4B buyout offer

NEW YORK — Nordstrom (NYSE: JWN) said Monday it rejected a takeover offer from members of the Nordstrom family. Nordstrom, Ottawa | Photo: Tile of Spain The members, including co-presidents,...

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Market Activity: Hermès, Condé Nast, Neiman Marcus, Tiffany & Co.

Hermès Hermès International SCA reported full-year earnings that beat analysts’ estimates, supported by sales of leather goods and demand in Japan. Operating profit rose 19 percent to 1.54 billion euros ($1.7...

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BREAKING: Macy’s Adds Real Estate CEO to Board to Help With Property Plans

NEW YORK — Macy’s Inc. named Four Corners Property Trust Inc. Chief Executive Officer Bill Lenehan to its board, adding a real estate expert to help the company determine the future...

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