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Luxury brands are typically considered recession-resistant. Yet recent store closures suggest that luxury is not always enough to keep a business afloat amid shifting consumer habits and economic challenges. McKinsey & Company reveals an important Read more…
SK Hynix is set to price its Nasdaq listing this week, aiming to raise as much as $28 billion in what would rank as one of the largest share sales in history, according to Reuters. Read more…
Morgan Stanley is taking another look at a 93-year-old equipment company that is trying to appear less like an old-line machinery stock. The company is Terex (TEX), the industrial equipment maker whose roots go back Read more…