Posts Tagged 'Deal'

Macy’s Sues Martha Stewart Living over JC Penney Deal – Business Leaders

The last thing Martha Stewart’s image needs is more legal trouble, but thanks to Macy’s (and her new deal with J.C. Penney), that’s exactly what it’s getting TAGS: JC Penney, lawsuits, Macy’s, Martha Stewart, Martha Stewart Living, retail    

Macy’s has filed a lawsuit in the New York state Supreme Court against Martha Stewart Living Omnimedia Inc. and accused the company of breach of contract for agreeing to sell products to rival J.C. Penney Company Inc.

According to Macy’s, its department stores were granted the exclusive right to manufacture and sell certain Martha Stewart Living products in 2006. Court

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Posted on Jan 24, 2012 // by Keira Lyle No Comments »

Investment Column: Playtech’s California deal is a good bet

Our view: Buy

Share price: 335p (+15.25p)

Investors could be forgiven for greeting news of another poker deal with a resigned shrug of the shoulders. Why, then, did Playtech’s shares take off as if the company had been dealt a pair of aces yesterday?

The AIM-listed gambling software group yesterday announced a licensing agreement with the California Online Poker Association (Copa), which is made up of a coalition of Native American governments and licensed card rooms in the Golden State. Its Sciplay International joint venture will also provide Copa with “play-for-fun” internet games.

To any poker player, “play for fun” without real money is much like going in the bath with wellington boots on. But that’s not really the point.

These deals provide Playtech with a firm foothold in the market for when – and it is only a question of when – the US government legalises online gaming, not least for the tax revenues.

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Posted on Jun 21, 2011 // by Ruby Flinn No Comments »

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