Elsewhere outside of technology companies, investors were watching Nordstrom (JWN) following reports investor Ryan Cohen has built a sizable stake in the department store. The move was confirmed to Yahoo Finance by a person familiar with the matter. Shares surged 28% ahead of the open.
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Orpea said the deal, reached with French state financial institution Caisse des Depots & Consignations (CDC) and other investors, would significantly cut its debts by around 3.8 billion euros ($4.13 billion) and give the company a cash equity injection of 1.55 billion euros. The main group of investors would hold around 50.2% of Orpea's capital ...
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