the-holiday

Pep Boys says Icahn offer is superior, moves to terminate Bridgestone deal

Icahn's latest bid of $18.50 per share on Monday values Pep Boys at about $1 billion, while Bridgestone's previous offer of $17 per share valued the company at about $947 million. Pep Boys said that its board has delivered a notice to Bridgestone to terminate

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Pep Boys says Icahn offer is superior, moves to terminate Bridgestone deal

the-holiday

U.S. holiday retail sales grow a ‘solid’ 7.9 percent: MasterCard

(Reuters) – Strong online sales and demand for furniture and women's apparel helped U.S. retail sales grow by a “solid” 7.9 percent this holiday season, according to MasterCard Advisors SpendingPulse. U.S. retail sales, excluding automobiles and gas, had grown 5.5 percent in the period between Black Friday and Christmas Eve last year. Online sales grew 20 percent in the holiday season this year, MasterCard

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U.S. holiday retail sales grow a ‘solid’ 7.9 percent: MasterCard