Industry News

Debenhams, which has 178 stores and ten times Boohoo's sales."/>
Boohoo's value hits pounds sterling 1bn after sales boom [Financial Mail on Sunday, London]
Redx Pharma floated on AIM in March 2015 at 85 p. Today the stock is trading at 26} p. Yet the company has done nothing obviously wrong and it is backed by heavyweight investors including Aviva, Legal& General and Jon Moulton, the super-rich private equity veteran."/>
Financial Mail on Sunday, London, Midas column [Financial Mail on Sunday, London]
M&C Saatchi boss reveals how the EU crusade was ruined and, in a sharp rebuke, highlights ad he COULDN'T use... DAVID Kershaw was the advertising boss charged with making us want to stay in the European Union. Notoriously, of course, the campaign failed and Kershaw, chief executive of M&C Saatchi, is clear about why– campaigning was too negative and there was no clear direction from the politicians."/>
How we should have fought the remain campaign [Daily Mail, London]
INTL FCStone Inc.' s INTL FCStone Ltd subsidiary has reached an agreement to acquire the London-based EMEA oils business of UK-based broker-dealer and post trade risk services provider ICAP plc following of the approval granted by the UK Competition and Markets Authority, the company said. Terms of the deal were not disclosed. The business generates revenues of about GBP 20 m."/>
INTL FCStone Acquires EMEA Oils Broking Business from ICAP
E-Trade Financial Corp. has closed the acquisition of OptionsHouse parent company Aperture New Holdings, Inc. for USD 725 m in cash, the company said. The company also announced changes to its executive leadership to better align the company for growth, including the appointment of Rodger A. Lawson as executive chairman. Karl A. Roessner, will serve as chief executive officer and board member, while Michael J. Curcio, will be as chief..."/>
Online Broker E-Trade Closes USD 725m Acquisition of Derivatives Specialist OptionsHouse
Chesapeake Energy's 75% interests in the jointly held Barnett Shale operating area located inNorth Texas, the company said."/>
M and A Navigator: Deal pipeline –12 September
Elbit Systems Ltd. has been awarded a contract valued at over $90 million from an Asia-Pacific country, for the supply of its SPECTRO XR advanced electro-optic systems. The contract will be performed over a four-year period. SPECTRO XR is an ultra-long-range, day/night, multi-spectral electro-optical ISTAR system."/>
Elbit Systems wins $90m electro-optic systems order [Globes, Tel Aviv, Israel]
Leader Capital Markets macroeconomist Yonatan Katz writes in a note released this morning. If this risk materializes, the government will exceed its fiscal deficit target of 2.9% of GDP. In August, tax collection was NIS 1.1 billion lower than the Ministry of Finance's forecast."/>
BRIEF: Leader sees Israel missing 2017 deficit target [Globes, Tel Aviv, Israel]
KeyCorp's $4.1 billion acquisition of First Niagara Financial Group."/>
New uses in store for soon-to-be ex-bank branches [The Buffalo News, N.Y.], Kmart's parent company, Sears Holdings, is facing plunging sales, deteriorating finances and according to some retail industry experts, the possibility of bankruptcy as early as 2017.. The suburban Chicago-based corporation has closed..."/>
Bankruptcy again for Kmart? [Detroit Free Press]
Daily Mail, London, Alex Brummer column [Daily Mail, London]
SPORTS Direct's rollercoaster ride continued following the Shirebrook jamboree earlier in the week, with some attendees more persuaded than others that Mike Ashley will really mend his ways after the pantomime performance to shareholders and journalists. The shares gained nearly 2 pc after a double upgrade from Peel Hunt, who concentrated on the business aspect of Sports Direct's turnaround– rather than any pledges to improve conditions at the' Victorian..."/>
Daily Mail, London, market report column [Daily Mail, London]
Daily Mail, London, business briefs column [Daily Mail, London]
Chicago Tribune Gail MarksJarvis column [Chicago Tribune]
Chicago Tribune Gail MarksJarvis column [Chicago Tribune]

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