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Tag: JPMorgan Chase & Co

Walmart CEO Doug McMillon took bold stances in 2019. Next year he’ll have an even bigger platform

Doug McMillon, chief executive officer Walmart Jonathan Fickies | Bloomberg | Getty Images After two deadly shootings at Walmart stores over the summer, Walmart CEO Doug McMillon made a surprising move.  The retailer on Sept. 3 said it would halt sales of ammunition for assault-style rifles and handguns and that it would begin asking shoppers …

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LVMH confirms deal to acquire Tiffany for $16 billion

A woman walks past a Tiffany & Co. store at a shopping mall in Beijing, November, 2018. Mark Schiefelbein | AP LVMH has reached a deal to buy Tiffany & Co. at $135 a share in cash, or $16.2 billion, in a move that will give the company more access to U.S. luxury consumers. Confirming …

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Estee Lauder downgraded by Piper Jaffray

A sales assistant arranges lipsticks at an Estee Lauder store. Qilai Shen | Bloomberg | Getty Images Estee Lauder was downgraded from overweight to neutral by Piper Jaffray, who says teenagers are wearing less makeup and changing their shopping habits. Cosmetic sales are soft due to a combination of beauty categories like skincare and hair …

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