LL Bean Will Regret Ending Lifetime Product Guarantee

LL Bean Will Regret Ending Lifetime Product Guarantee

But in the long run, the only people returning years-old products would be dedicated L.L. Bean customers. Those happy lifers would keep profit margins high, while fraudsters would get the boot. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.
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Outrage Over Poland's Holocaust Law Prompts Call to Look for a Way Out

After the defeat of Nazi Germany in 1945, Sonshine's two uncles walked back to his mother's home town in the south of Poland where his grandfather ran a grain business, to check “who else was alive,” he told Bloomberg News in Toronto. Realizing they wouldn't make it there before dark and that it
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Valuation Dashboard: Financials And Real Estate – Update

Real Estate Services look fairly priced for P/E and Price to Free Cash Flow. They are also above their baseline in profitability measured by ROE, but they have a very bad Price/Sales ratio. Equity REITs look close to fair price and are close above their historical baseline in profitability. Capital Markets are
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Navistar International (NAV) Lifted to “Strong-Buy” at Zacks Investment Research

Navistar International logo Navistar International (NYSE:NAV) was upgraded by Zacks Investment Research from a “sell” rating to a “strong-buy” rating in a report released on Tuesday. The brokerage currently has a $44.00 price objective on the stock. Zacks Investment Research's price objective
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Germany insists on risk reduction before banking union completed

BRUSSELS, Feb 20 (Reuters) – Germany's acting finance minister said on Tuesday that Berlin wanted European banks to reduce risks on their books before governments can complete a banking union by creating an EU-wide bank deposit guarantee scheme. Peter Altmaier, a close ally of Chancellor
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US Pays Up to Auction $179 Billion of Debt in a Span of Hours

Alexander Dryden, global market strategist at JPMorgan Asset Management, discusses the impact of rising bond yields. The U.S. Treasury on Tuesday sold $179 billion of securities as it works to rebuild its cash balance, with yields at its auctions of three- and six-month debt rising to levels unseen since
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Latvia's top banking official has been accused of taking a bribe

ILMARS RIMSEVICS, governor of Latvia's central bank for the past 17 years, had been due to retire next year. Instead, he is facing calls to resign. On February 17th he was detained by Latvia's anti-corruption authority on suspicion of taking a bribe of at least €100,000 ($123,000). The prime minister
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Gen X Exerts Automotive Spending, Borrowing Power

Auto lending grew 5.5% between the fourth quarters of 2016 and 2017, TransUnion says. But that annual growth rate is the lowest since a 5.3% rise between the same periods in 2012 and 2011. “Auto lending is stabilizing after years of rapid growth, due in part to responsive underwriting,” Landau says.
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William Lyon Homes Announces Agreement to Acquire RSI Communities, a Southern California …

… or RSI Communities' business operations during the pendency of the acquisition; adverse weather conditions; the availability of labor and homebuilding materials and increased construction cycle times; the availability and timing of mortgage financing; our financial leverage and level of indebtedness
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Coldwell Banker Real Estate Announces Annual Award Winners

Coldwell Banker Real Estate LLC has announced its 2017 year-end award recipients for numerous company, team and agent categories in North America. The brand also celebrates the winners of its top…
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Top Cybersecurity Firm Carbon Black Names Chief Cybersecurity Officer

“I decided I needed to stop armchair quarterbacking and get back into the fight,” Kellermann tells Fortune. He says he had an epiphany while hiking in Boulder, Colo. last summer. Kellermann, who started in the new role on January 22, says he will remain on at Strategic Cyber Ventures as vice chair of
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UPDATE 1-HSBC weighs on European banking stocks

LONDON, Feb 20 (Reuters) – European shares were mixed ahead of Wall Street's return from a holiday, with banks falling after HSBC reported weaker than expected earnings and said it needed as much as $7 billion of fresh capital. At 0955 GMT, the pan-regional STOXX 600 benchmark was
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Blue & White Student Real Estate Symposium

Please join us Friday, April 20th at 12:00 pm to kick start the Blue & White Weekend with an engaging session put on by our Real Estate students. During this lunch and symposium, six students will be presenting research presentations they have composed throughout the semester relating to relevant
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Apple Is Officially Taking Over the Watch Business

“The cellular version of the Apple Watch was in strong demand in the U.S., Japan, and Australia, where all major operators stocked it in time for the holiday season,” said Vincent Thielke, an analyst at industry researcher Canalys. In the fourth quarter of 2016, Apple's six million shipments represented
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Proskauer Expands Private Equity and Real Estate Industry Offering

LOS ANGELES–(BUSINESS WIRE)–International law firm Proskauer today announced the arrival of transactional lawyers Don Melamed and Albert W. Stemp as partners in its Los Angeles office. Their arrival follows a number of high-profile additions to the Firm's private investment fund and real estate
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Government Science Site Becomes Prime Real Estate for Fake Movie Pirates

The National Center for Biotechnology Information website is an invaluable resource for finding scientific studies and papers. Recently, it also became a promotional vector for a potential phishing site offering pirated movie streams. As Gizmodo discovered Monday evening, the science database was
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What do rising interest rates mean for homeowners?

CoreLogic built a model to project what a typical monthly mortgage payment would be if the rates rose by 0.85 percentage points over the next year, which it calculated by averaging multiple rate increase forecasts, including from Freddie Mac, Fannie Mae, and the Mortgage Bankers Association.
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Plenty of people I know in banking are waiting to get laid off

A few years ago, I moved from a small brokerage firm to a major investment bank. It was a scary move to make and I wasn't sure if it was the right one. My job at the brokerage firm was secure and it seemed risky to leave it. My existing manager tried to persuade me to stay, saying that banks were going to
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Sandy Spring Bank Has $3.96 Million Stake in Marriott International Inc (MAR)

First Allied Advisory Services Inc. raised its stake in shares of Marriott International by 7.1% in the 2nd quarter. First Allied Advisory Services Inc. now owns 3,530 shares of the company's stock worth $357,000 after buying an additional 235 shares in the last quarter. Advantus Capital Management Inc
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Applebee's Is Closing Another 80 Restaurants

… improve the restaurant's fortunes. In 2017, U.S. comparable same-restaurant sales fell 5.3% at Applebee's, and also slipped at sister chain, the pancake-focused IHOP, where they declined 1.9% last year. The company also announced on Tuesday it was changing its corporate name from Dine Equity.
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