Tuesday , 21 April 2026

Recent Posts

Japanese jewelry retailer’s PE owner to weigh IPO

Bloomberg Longreach Group, the buyout firm founded by former UBS Group AG investment banker Mark Chiba, is considering an initial public offering of its jewelry business Primo Japan Inc., reports said. The owner has been working with Nomura Holdings Inc. to explore options that could also include a sale of the Tokyo-based diamond ring seller, the people said. Any deal …

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Bombardier jumps on ‘improved’ cash flow

Bloomberg Bombardier Inc. jumped the most in almost three months after the company surpassed analysts’ expectations for cash flow and reaffirmed its 2019 forecast, steadying the outlook after a disastrous earnings report three months ago. Free cash flow reached $1.04 billion in the fourth quarter, Bombardier said in a statement. That exceeded the $890 million average of estimates compiled by …

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Southwest declares operational emergency

Bloomberg Southwest Airlines Co. declared an “operational emergency” because of an unusually high number of aircraft taken out of service for maintenance, and ordered all scheduled mechanics to show up for work or risk being fired. Workers “alleging illness” will be required to provide a doctor’s note on their first day back at work, the airline said in a memo. …

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