Editor’s Note: This article was originally published on October 3, 2018. New York CNN Business — Barnes & Noble’s board of directors announced on Wednesday that the company is considering a potential sale, after suffering from falling sales and leadership turmoil in recent years. The announcement boosted Barnes & Noble’s stock by more than 20%. …
GLOBAL CNN — It’s high time for investors to tread cautiously and make wiser investment decisions. Speaking to CNNMoney editor-at-large Richard Quest on “Markets Now” on Wednesday, Howard Marks, co-chairman of Oaktree Capital and author of “Mastering the Market Cycle: Getting the Odds on Your Side,” encouraged investors to opt for safer bets. He said, …
New York CNN Business — Reports suggest that the popular toy retailer, Toys “R” Us, may be on the path to revival. The company has been absent from the market since June of last year, following its filing of bankruptcy and eventual liquidation. However, recent court filings have revealed that the owners of Toys “R” …