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Asset mix exposes Canadian pension funds to climate risk: report
Canadian pension funds could face a 44% hit to annual returns by 2050, according to a study of climate risk by Ortec Finance, ...
JC Penny merges with Aéropostale, Nautica owner to form retail giant
Popular fashion retailer JC Penny has merged with SPARC Group — the owner of iconic brands Aéropostale, Eddie Bauer, Nautica and more — to form new retail conglomerate, Catalyst Brands. “Catalyst ...
Lucky, Forever 21 operator merges with JCPenney
JCPenney filed for bankruptcy protection in 2020 and was acquired by Simon Property and Brookfield Asset Management for $800 ...
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Merrill Wealth Management forms advisory group to serve UHNW clients
The new group will help advisors build tailored portfolios for clients with custom asset allocation and multi-asset ...
JCPenney merges with Forever 21's parent company Sparc Group to create new entity
Sparc Group, the parent company of Forever 21 and Aéropostale, announced it merged with JCPenney to create a new company called Catalyst Brands.