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US And Mexico Vow To Expand Unified Customs Processing At Border
Thursday, March 5, 2020 - 2:02pm | 381The U.S. and Mexican governments have committed to expand a program to enhance shared customs processing of U.S.-bound cargo along the shared land-border between the two countries. The announcement was made at the conclusion of the 12th Plenary Meeting of the 21st Century Border Management...
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CBP Builds Momentum For Electronic Export Manifest
Friday, September 20, 2019 - 10:30am | 1084James Swanson, director of U.S. Customs and Border Protection's Cargo Security and Control Division, hasn't taken his eye off the agency's goal to make the nation's export manifest filing and review processes fully automated. For the past year, CBP has conducted so-called electronic export...
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Texas Border Bill Aims To Stop Produce Imports From Wilting At International Ports-Of-Entry
Thursday, July 11, 2019 - 3:51pm | 432Texas Gov. Greg Abott recently signed a bill aiming to speed up the inspection process for trucks carrying fresh produce across ports-of-entries along the Texas-Mexico border. Texas House Bill 2155, which goes into effect September 1, reauthorizes a 2015 program allowing the Texas Department of...
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Will Amazon Do To Beauty Supply Shops What It Did To The Book Store?
Friday, September 16, 2016 - 9:26am | 429Amazon.com, Inc. (NASDAQ: AMZN) announced Thursday that Amazon's "Prime Now has added its first beauty brand to the one-hour delivery service with Chicago-based store, Merz Apothecary." Further, starting Thursday, "Prime members in Chicago can now shop all their favorite Merz Apothecary items such...
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BTIG Raises Price Target On Lending Club, Sees Consumer Shift
Monday, December 15, 2014 - 3:11pm | 236BTIG raised its price target on Lending Club Corporation (NYSE: LC) from $19 to $31 and reiterated its Buy rating. Analyst Mark Palmer “observed that during the company’s pre-IPO venture-round capital raises, its valuation was consistently between 0.8x and 0.9x its total origination...
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Outdoor Hub Founder David Farbman Is On A Mission To Help Others Embrace Their "Inner Hunter"
Tuesday, April 22, 2014 - 11:33am | 644David Farbman, the serial entrepreneur that founded Outdoor Hub, Carbon Media Group and other growing enterprises, is on a mission. His new book, The Hunt: Target, Track, and Attain Your Goals is available now. He wrote the book to share his strategy and philosophy for achieving success, hoping...
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Ackman Done With J.C. Penney, Sells Entire Stake (JCP)
Tuesday, August 27, 2013 - 8:58am | 584Immediately following the closing bell Monday, news broke that Pershing Square Capital, the hedge fund operated by billionaire investor Bill Ackman, was liquidating its entire position in J.C. Penney (NYSE: JCP) The hedge fund held 39 million shares representing an 18 percent stake in the $3...
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Amazon Should Root for Barnes & Noble to Stay Afloat (AMZN, BKS)
Monday, July 15, 2013 - 4:15pm | 547If Barnes & Noble (NYSE: BKS) goes down, Amazon.com (NASDAQ: AMZN) will feel the pain. It may sound counter-intuitive, but according to The New York Times, it’s true. The theory, born out by recent history in the book business, is that when customers lose the opportunity to browse at a...
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After Diversifying its Real Estate Portfolio, Agree Realty Rises Above the Grave of Borders Books
Wednesday, October 26, 2011 - 5:04pm | 371With a new credit facility on the way, Agree Realty Corp. (NYSE: ADC) is having a terrific year. Borders once accounted for the vast majority of the firm's leases. But after parting ways with the ailing book store, and after acquiring several new assets, Agree Realty is thriving at a time when...
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Borders Store No.1 Closes; We Should Celebrate. Powerful Market Forces Are Working Perfectly
Monday, September 12, 2011 - 5:23pm | 881The mighty force of "consumer greed" prevails again: The original Borders store opened 40 years ago in Ann Arbor, Michigan as an independent bookseller, and after today its flagship two-story, 37,000-square-foot store there will close forever. The remaining Borders in Michigan will be closed by...
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Earnings Expectations for the Week of August 29
Sunday, August 28, 2011 - 12:47pm | 1016Things will be fairly quiet on the earnings front this this week, with only a few S&P 500 components scheduled to post quarterly results: Brown-Forman (NYSE: BF-B), Campbell Soup (NYSE: CPB) and Joy Global (NASDAQ: JOYG) are expected to report earnings growth, while SAIC's (NYSE: SAI) earnings...
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Ominous Thoughts for Christmas in July
Tuesday, July 19, 2011 - 6:29pm | 745I can recall fond memories of Christmas past unwrapping the latest CD by Coldplay or the Dave Matthews Band. And I can remember that great feeling I would get while opening a brand-new, pristine book and leafing through the pages on a snowy Christmas morning in front of a lit tree. But with the...
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Borders in Talks to Sell Half Its Stores
Thursday, June 2, 2011 - 8:27am | 157Borders, which filed for Chapter 11 bankruptcy in February, may have found a buyer in the Gores Group. The Los Angeles-based private equity firm is reportedly in talks to acquire at least half of remaining Borders stores for around $200 million. While Borders has held talks with other potential...
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Five Book Publishing Stocks: Not Dead Yet
Sunday, May 29, 2011 - 3:37pm | 711Online retailer Amazon.com (NASDAQ: AMZN) said earlier this month it now sells more digital e-books than paper books. And the consensus at this past week's BookExpo America was that the book publishing industry is losing money overall, even while sales of e-books and e-readers are on the rise....