Business

IndiGo drops Pratt for $20B CFM suppose – Searching for Alpha
Business

IndiGo drops Pratt for $20B CFM suppose – Searching for Alpha

India’s biggest airline IndiGo has placed a $20B jet engine order from CFM International, which is owned by General Electric (GE -0.8%) and France’s Safran (OTCPK:SAFRY +1.5%). The 1LEAP-1A engines will power 280 A320neo and A321neo jetliners already on order from Airbus, of which the first 150 aircraft were to be powered by engines from…

Aim’s stock drops after weekend register meltdown – CNBC
Business

Aim’s stock drops after weekend register meltdown – CNBC

Target shares were down 1.5% Monday as investors tried to gauge how much the retailer could’ve lost in sales when its cash registers stopped working over the weekend. “It’s awful. People are loading up for the summer, for camp … it was a Saturday,” Stacey Widlitz, president of consulting group SW Retail Advisors, said about…

Baltimore Officers Estimate Hurt From Ransomware Assault At Over $18 Million, Likely to Upward thrust
Business

Baltimore Officers Estimate Hurt From Ransomware Assault At Over $18 Million, Likely to Upward thrust

Baltimore, Maryland city skyline, 2016.Photo: Patrick Smith (Getty Images)Early last month, hackers infected somewhere around 10,000 Baltimore, Maryland city computers with a “file-locking” ransomware variant called RobbinHood. Those hackers demanded a ransom of 13 bitcoin (at the time worth around $76,000, and today around $100,000) that would go up over time if it was not…

Shareholder neighborhood makes enlighten to select Hudson’s Bay Co. non-public at $9.Forty five per fragment – Yahoo Canada Finance
Business

Shareholder neighborhood makes enlighten to select Hudson’s Bay Co. non-public at $9.Forty five per fragment – Yahoo Canada Finance

“While we continue to believe in HBC’s long-term potential, it has become clear that the significant challenges, risks and uncertainties facing HBC in the rapidly evolving retail environment are best addressed in a private market setting,” Baker said in a statement.The strategy was successful in attracting former Sears Canada customers shortly after the rival chain…


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