The theory is to snowball the court with fluff, chatter, a mountain of documents, and very boring testimony. Such was the case when HSBC and Decisioning tried to convince the court that Macy’s / Federated department stores held invalid patents. The appeals court saw it differently. The U.S. Court of Appeals […]
By RIVA D. ATLAS , Published: June 3, 2005
Citigroup said yesterday that it had agreed to acquire the credit card portfolio of Federated Department Stores, continuing a string of acquisitions that Citigroup has made to bolster a business in which it has been struggling to retain market share.
The bank will gain 17 million accounts as […]
Motley Fool
Sad Saks
Tuesday November 16, 2:22 pm ET
By Seth Jayson
What are the odds that a retailer based in the southern U.S. would blame hurricanes for an unexpected loss last quarter? For those of you who love the old weather excuse, Saks (NYSE: SKS - News) has got you covered.
The Alabama-based retailer — yeah, […]
Dillard’s went with GE, not Household International, a wholly owned subsidiary of HSBC. Reports that GE Consumer Finance does not suffer the tarnished image one associates with Household have not been verified but Household Watch suspects the reports are true.
Federated Department Stores Inc. said it plans to keep its credit card business, including the […]
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An open letter to HSBC, Knight Vinke and Stephen Green
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