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Online Retailer Zulily To Shut Down Amid Ongoing Business Complications
Thursday, December 28, 2023 - 1:23am | 455Read More...Online retailer Zulily has announced its shutdown due to ongoing business complications. An official statement posted on the company’s homepage revealed the decision was made to “conduct an orderly wind-down of the business to maximize value for the companies' creditors....
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Nordstrom The Latest To Cut Business Ties With A Trump
Friday, February 3, 2017 - 11:54am | 720Read More...Nordstrom, Inc. (NYSE: JWN) has become the latest company to cut ties with the Trump brand by axing President Donald Trump’s daughter Ivanka’s line of women’s clothing, shoes and handbags. The decision comes amid a flurry of controversy over Trump’s travel ban on seven...
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Zulily Up Nearly 50% Following QVC Acquisition Agreement
Monday, August 17, 2015 - 12:51pm | 387Read More...Shares of Zulily Inc (NASDAQ: ZU) soared higher by nearly 50 percent Monday after the company entered into a definitive agreement in which it will be acquired by Liberty Ventures (NASDAQ: LVNTA) for $18.75 per share. Zulily, a standalone e-commerce company, will be merged with QVC, Inc., a...
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Zulily Takes Off With Additional Alibaba Stake
Monday, May 11, 2015 - 8:50am | 299Read More...Shares of e-commerce company Zulily Inc (NASDAQ: ZU) are set to open an additional 20 percent higher Monday following news that Alibaba Group Holding Ltd (NYSE: BABA) acquired 4.8 million more shares for $56 million. Alibaba now owns 11.5 million shares, according to the SEC filing. Zulily...
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TGIF As Markets Rally; S&P 500 Posts Longest Weekly Loss Streak Since 2011
Friday, October 17, 2014 - 4:43pm | 2830Read More...U.S. stocks rallied on Friday following positive earnings reports from several large-cap multinationals this morning on a relatively light day of market moving news. The Dow traded higher by more than 300 points before giving back some of the gains. The S&P 500 rallied but still posted its...
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Market Wrap For May 14: Dow's Winning Streak Ends At Five Sessions
Wednesday, May 14, 2014 - 4:47pm | 2536Read More...U.S. stocks declined a day after the S&P 500 and Dow indices traded at record-high levels. Investors and traders were likely paying attention to the ten-year Treasury yield which hit 2.5258, the lowest level since late October. The bull market has paused, temporarily at least, until...
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Market Wrap For February 25: Markets End The Day Relatively Flat
Tuesday, February 25, 2014 - 5:38pm | 2952Read More...U.S. stocks fell on Tuesday as investors found a decline in consumer confidence as reason enough to keep stocks from moving higher. The S&P 500 retreated from its record all time high set yesterday but took a run above the 1,850 level in the late morning. The all time high for the index is...
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Market Wrap For November 15: Janet Yellen's Post Fed Nomination Keeping Markets In The Green
Friday, November 15, 2013 - 5:42pm | 1425Read More...The major indices can bank another day in the green. The Dow Jones and S&P 500 both reached new highs during Friday's trading session as markets continued its momentum following U.S. Federal Reserve's new boss Janet Yellen confirmed the central bank's economic stimulus would continue. The...







