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Tomorrow. Retail landscape is full of failed M & A deals. Lowe’s foothills of the border, Canadian retailers Rona to sell only two years ago, to sell it for only $ 2 billion. Kate Spade’nin 13% of the sale in 2017 caused a number of writing. Capri Holdings Recently sold versace with a large loss. Dollar tree He recently said he sold the family dollar unit to a large loss.
So I celebrated with great interest Home Depot The final contract. Last week declared One of his work sections was buying a distributor of construction and products Gms 4.3 billion dollars. Gypsum management and supply and Tucker, GMS located in Georgia and is the most sexual buying target located in Tucker. However, again, there is a wide network of 320 distribution center than the DIY crowd, which is an appetite for the improvement projects. With the GMS agreement, SRS will dominate the market for professional suppliers outside the home (roof, pool, yard) and inside (wall board, steel frame and ceilings), Cow Analyst Max Rahlenko wrote in the research note. Rakhlenko said that SRs will increase additional vertical expansion, expanding the market share, increase industrial consolidation, increase the supply chain and distribution network of HD.
The transaction is followed by the SRS distribution to obtain $ 18 billion in the last year’s house warehouse (indeed the enterprise). This was the biggest purchase in the company’s history of the company that helps the mammoth character to win a larger share of the house warehouse. Deals together are a great, thoughtful pivot in a strategy to a new segment of a new segment. To make it disciplined, buyers are another CEOs that will receive – you can learn. – Phil Wahba
Contact CEO every day through Diane Brady diane.brady@fortune.com
Top News
Trump applies 50% tariff in copper
President Trump declared 50% tariff in copper imports“The second most commonly used material of the Copper Defense Department!” The tariff starts on August 1. US copper prices have increased In the news. Tariff says Americans will cost $ 15,000 for a metric tone for a commodity that exists between $ 10,000 Everywhere else.
Brazil’s “Witch Hunu” tariff is at 50%
Appointed President the higher tariff In Brazil, unlike most of the countries of other countries, former President Jair Bolsanaro, who was accused of coup in the country, is being obtained due to treatment. Trump said that the case was a witch hunting that will end right away! “Reality check: Bolsanaro is still facing confrontation against him.
Fed members see tariffs that cause inflation
From Minutes of the final meeting of the Fed: “Several participants said that the prices of tariffs will not affect the lump sum and the expectations of the long-term inflation, two or more incisions are waiting for the end of the year. Some observers do not have an incision and have seven cuts. Now it is growing.
Incorrect claims in Möt & Chandon
Möt & Chandon, suspicious French Employment Court Maria Gasparovic, the head of the former staff, claims that he was fired after complaining of sexual misbehavior among his great colleagues. According to him, he said he said he needed “against” education and 1,3 million euros in compensation. The company denies the wrongdoers.
Tesla’s AGM Mia
The law requires the annual TESLA general meeting until July 13, but so far the company has not appointed such an appointment or submitted proxy documents. Investors are not satisfied.
Yaccarino X is
Linda Yaccarino declared Yesterday, he thanked the owner of the platform, the owner of the platform, the owner of the platform on the platform platform on a platform on a platform on the platform. The advertising veteran has conducted a company through many controversies in the last two years and is one of the fewer 15 years older than musk companies.
Nvidia is a history of the market cover
Nvidia became the first public company in history Reach a market cover with $ 4 trillion Despite the market’s uncertainty on Wednesday, as a market rally. Shares of the chips are 17% since the beginning of the year.
Apple’s Ai Woes
Ives Ives from Wedbush Securities Analyst notier In a note on Wednesday, Apple’s “window shrinks” in terms of developing AI products and offered to get confusion to the company’s start of the company. Ives, even the double confusion, $ 14 billion offered to pay $ 30 billion.
Markets
S & P 500 futures This morning was marginalized, premarket. Yesterday the main index increased by 0.61%. UK FTSE 100 Rose 1.14%, to touch new at a new time. Stoxx europe 600 increased by 0.59% in early trade. South Korean’s Kospi This morning increased by 1.58%. In Japan, Nikkei 225 Reduced 0.44%. Bittoin He always approached his height According to Bloombergto hit $ 112.009 in some exchanges. Siknbase The news increased by 5.36%. BTC is currently above 111k.
From analysts
Grading on Apple and confusion: “At midnight looked at Apple’s AI strategy; in Apple Park, will give you something better on an outsider; Unfortunately, we believe that those days are going …
Pantheon Macroecade on Copper and Pharma tariffs: “If the 50% tariff is applied in all copper imports, only 0.02pp will be equal to 0.02pp, the proposed transition period, the proposed transition period, the expenditure and consumer prices in the inflation of enterprises,” Shamuel Tombs and Oliver Allen.
Bernstein in copper tariffs: “It is unlikely to invest 5-6 billion dollars for a project for a project that is not operating during a presidential president of a company. Therefore, there is no correct economic motion, but” Bob Brackett and Andrianto Guntoro simply adds us to manufacturers.
Around the sucoler
Jacalynne Becker Klopp: Mystery woman in the highest salary of the White HouseBy Lily Mae Lazarus
Alon Musk’s Trump and ‘America Party’ with Feud, Tesla shares and deleted to $ 15 billion By Ashley Lutz and Fortune’s intelligence
Coreweave’s $ 9 billion degree scientist provides AI road map to fight Bitcoin Miners By Ben Weiss
Get acquainted with the next COO Owner Khan, which will monitor the supply chain of iPhone manufacturer, including Trump Tariff Black Cloud By Lily Mae Lazarus
Pictures: Tim Cook, Sam Altman and Silicon Valley elite ‘summer camp for billionaires’ Come By Emily Steinberger
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