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DEC 19, 2014 - TheStreet

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After Vanquishing E-Book Rivals, Amazon Now Makes Peace With Publishers

NEW YORK (TheStreet) -- Now that Amazon has swept away its competition in the $3 billion U.S. e-book business through years of aggressive discounting, it's starting to make peace with publishers, which should mean more profits at the world's largest bookseller.  In recent months, Amazon has signed new contracts with three of the world's five largest publishers: Legardere's Hachette, CBS's Simon & ...

Tags: After Vanquishing E-Book Rivals, Amazon Now Makes Peace With Publishers,  Wholesale Latest News

DEC 19, 2014 - TheStreet

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Peerless Systems (PRLS) Upgraded From Hold to Buy

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.  TheStreet Ratings quantitative algorithm evaluates over 4,300 stocks on a daily basis by 32 different data factors and assigns a unique buy, sell, or hold recommendation on each stock.  Click ...

Tags: Peerless Systems (PRLS) Upgraded From Hold to Buy,  Wholesale Latest News

DEC 19, 2014 - TheStreet

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Nike Falls on Soft Future Orders: What Wall Street's Saying

NEW YORK (TheStreet) - Nike shares tumbled on Friday following Wall Street's concern that "future orders" for the sneaker and apparel company's merchandise were slipping. The Beaverton, Ore.-based company said as part of its fiscal second-quarter results that worldwide future orders for Nike brand athletic footwear and apparel scheduled for delivery between December and April 2015 were 7% higher than ...

Tags: Nike Falls on Soft Future Orders: What Wall Street's Saying,  Wholesale Latest News

DEC 19, 2014 - TheStreet

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BGC Partners Tries to Push Through GFI Deal with Raised Bid

As many expected, BGC Partners Inc. has upped its hostile bid for interdealer broker GFI Group Inc. , besting an agreed-to offer between GFI and Chicago trading house CME Group Inc. . BGC Partners said Wednesday after the market close that it had raised its all cash bid for GFI to $5.45 per share, or $694 million, from $5.25 per ...

Tags: BGC Partners Tries to Push Through GFI Deal with Raised Bid,  Wholesale Latest News

DEC 19, 2014 - Yahoo! News

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Thai Union Frozen to buy U.S. tuna firm Bumble Bee for $1.5 billion

By Khettiya Jittapong BANGKOK (Reuters) - Thai Union Frozen Products , the world's largest canned tuna producer, is buying U.S. tuna major Bumble Bee Seafoods for $1.5 billion from a private equity firm as part of a plan to double revenue to $8 billion by 2020 through overseas purchases. Thai Union, which makes "Chicken of the Sea" brand tuna and ...

Tags: Thai Union Frozen to buy U.S. tuna firm Bumble Bee for $1.5 billion,  Wholesale Latest News