MidSouth Bancorp Shares Rise to 2-Year High

MidSouth Bancorp Shares Rise to 2-Year High

MidSouth Bancorp shares rose to their highest level since early 2015 on Thursday after the company said that as part of a transition plan already underway to improve performance, the board of has terminated Clive Cloutier as CEO of the holding company and Troy Cloutier as CEO of MidSouth Bank. MSL was up 12% at $16.19 recently, trading in a new 52-week range between $9.01 and $16.25. Jim McLemore, currently […]

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NVIDIA Integrates Platform with Baidu Cloud Service

NVIDIA Integrates Platform with Baidu Cloud Service

Shares of NVIDIA were up over 2% Monday after the graphics chipmaker said its deep learning platform is now available as part of Baidu (BIDU) Cloud’s deep learning service, providing enterprise customers with instant access to artificial intelligence from Baidu Cloud. “Baidu Cloud Service powered by NVIDIA’s deep learning software and Pascal GPUs will help our customers accelerate their deep learning training and inference, resulting in faster time to market […]

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Visa to Provide Transaction Data For Amazon Business Purchases

Visa to Provide Transaction Data For Amazon Business Purchases

Visa said it is the first card network to enable U.S. commercial accountholders a comprehensive view of their Amazon Business purchases. The new enhanced transaction data are initially available to Bank of America (BAC), Citi (C) and PNC Bank (PNC) commercial accountholders. Customers can now see full line-item details on Amazon Business purchases with their Visa card, and integrate results with reconciliation tools. The benefits to Visa customers from this […]

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Ralph Lauren To Close Polo Store on Fifth Avenue

Ralph Lauren To Close Polo Store on Fifth Avenue

Ralph Lauren shares fell 4% Tuesday after the company announced plans to close its flagship Polo store on Fifth Avenue, and reduce its workforce by an unspecified number. It will also move to a more cost-effective e-commerce platform through a new collaboration with Salesforce’s (CRM) Commerce Cloud. The company said these initiatives are part of its Way Forward Plan to return to sustainable, profitable growth and continue to move its […]

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Buffalo Wild Wings Hires Cypress Group

Buffalo Wild Wings Hires Cypress Group

Buffalo Wild Wings said Tuesday it retained the Cypress Group, a restaurant and franchise investment banking firm, to manage its portfolio-optimization initiative. As part of the deal, Cypress will be engaged in marketing roughly 10% of company-owned restaurants, Buffalo Wild Wings said in a statement. This initial sale process represents the first phase of the company’s portfolio-optimization process. Cypress has more than 25 years of multi-unit M&A and corporate re-franchising […]

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