The Daily Chase: U.S. inflation rate comes in at 2.6% [BNN Bloomberg (Canada)]
SEVEN & I HLDGS UNSP/ADR (SVNDY)
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en.wikipedia.org/wiki/seven_(1995_film)
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Source: BNN Bloomberg
pace in the year up to October, while the core rate, which strips out volatile items, went up at a 3.3 per cent tempo. New numbers from the U.S. Bureau of Labor Statistics this morning came in almost exactly in line with analyst expectations. Shelter inflation made up about half of the overall increase by itself, while prices for things like car insurance and apparel were a drag to the downside. Though most of the headline numbers were in line with expectations, investors slightly increased their bets for a rate cut next month after the numbers came out, with the swaps market now implying about a two-in-three chance of a cut. (As of yesterday, those odds were essentially fifty-fifty) 7-Eleven owner mulls buyout offer from founding Ito family: The takeover story at 7-Eleven owner Seven & i Holdings Co. has been smouldering for weeks now, but it's flaring up this morning on news that the company's founding Ito family have made an offer to buy the company for up to US$58 billion. Bloom
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- Couche-Tard chairman reportedly says company isn't considering hostile takeover bid for Seven & i [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Couche-Tard Won't Seek Hostile Seven & I Takeover, Nikkei Says [Yahoo! Finance]Yahoo! Finance
- Stock market today: Asian markets mostly lower as worries over Russia-Ukraine war loom [Yahoo! Finance Canada]Yahoo! Finance Canada
- Corporate Shakeups Light Up Tokyo Bourse on Down Day for Stocks [Yahoo! Finance Canada]Yahoo! Finance Canada
- Seven & i shares surge on report founding Ito family plans privatization bid [Yahoo! Finance]Yahoo! Finance