On Wall Street, less disclosure is never a good thing, and Netflix investors should be displeased by a planned reporting change.
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Nordstrom confirms it’s looking to go private, with founding family interested in deal
Nordstrom Inc. has formed a special committee of independent directors to explore going private, the company said on Thursday — a move that arrives as clothing retailers struggle with subdued demand and pressure from investors for stronger profits.
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Frontier Communications is latest company hit by cyberattack
Frontier’s stock was falling after the disclosure, though the company says the cyber incident is not expected to ‘materially impact’ financials.