China Property Woes Deepen With Vanke Slump, Country Garden Halt
One of China’s biggest property firms delayed its earnings report while another posted a record profit decline as the nation’s real estate crisis shows no signs of easing.
Latest Videos
The information you requested is not available at this time, please check back again soon.
One of China’s biggest property firms delayed its earnings report while another posted a record profit decline as the nation’s real estate crisis shows no signs of easing.
The owners of Saks Fifth Avenue are in talks to raise financing to bolster the cash portion of an offer to buy competitor Neiman Marcus, according to people familiar with the matter, moving two of America’s biggest high-end department stores closer to a deal after years of on-and-off courtship.
Jefferies Financial Group Inc.’s revenue jump — due to strong capital markets and rebounding investment banking — bodes well for the bigger banks due to report in weeks to come.
Blackstone Inc. sold 48 warehouses in Southern California to Rexford Industrial Realty Inc. for $1 billion.
Plunging demand for commodity offices in the US is driving growth for the highest-quality properties, a Morgan Stanley executive said.
Jun 15, 2019
Bloomberg News
,(Bloomberg) -- Target Corp. is experiencing a system-wide outage that’s preventing customers from making purchases at its stores, the company said on Twitter.
“Our teams are troubleshooting now and we apologize for the inconvenience,” the company said.
Target customers took on Twitter, sharing images of the long lines and the abandoned shopping carts. The hashtag #targetdown quickly became a trending topic on the social media platform.
To contact the reporter on this story: Maria Jose Valero in New York at mvalero3@bloomberg.net
To contact the editors responsible for this story: Clementine Fletcher at cfletcher5@bloomberg.net, Ros Krasny
©2019 Bloomberg L.P.