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On Feb. 2, 2016, $PVH entered into a definitive agreement to acquire 55% of TH Asia Ltd., the company's JV for Tommy Hilfiger in China. The purchase price for the shares is approx. $172MM, net of cash expected to be acquired of approx. $100MM, subject to adjustment. The closing of the deal is expected to occur late in 1Q16 or early in 2Q16.
$CVX posts first profit in a year. Right time to get some shares? My question is, will it sustain this turnaround?
Jeff Bezos, my inspiration next to Steve Jobs is going to review the Everything Store $AMZN's financial results today after hours. As an investor/user, I like Amazon Prime and it's success over several parts of the world. What's your take on Amazon?
Of all the Wall St firms out there, Goldman Sachs $GS is the most revered for the way they're run - hiring the best, highly competitive, a closely-knit peer group and making tons of profits for the shareholders. An interesting interview of its CEO Llyod Blankfein by Carlyle groups chief David Rubenstein
Great results from $TSLA, however the question remains if Tesla can continue to scale up to produce the cars in the quantity it promises. Model 3 numbers need to be in multiples of what they are producing right now. Wish them the best, will keep an eye as I am still not convinced that they can scale easily.