Daily Archives: October 16, 2016

Hurricane Matthew May Cost Businesses $10 Billion

By | October 16, 2016

For a storm that inflicted much less harm than many had feared, Hurricane Matthew however impaired or destroyed larger than 1 million structures, pressured companies from Florida to North Carolina to close and put 1000’s quickly out of work. In many affected areas, small-business householders had been nonetheless assessing the damage. “I’ve by no means… Read More »

Xerox Shares Under Pressure as Investor Sues To Block Split

By | October 16, 2016

Xerox Corp. shares acquired here pressured after the most vital particular person shareholder, Darwin Deason, most well-liked a lawsuit blocking the agency from splitting into two public traded firms. He is alleged to be holding about 6.1 percent stake inside the company. Interestingly, completely different biggest institutional investor, Carl Icahn, whose agency holds shut to… Read More »