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Gap debt-financed buybacks fFail to aid stock
Gap Inc.'s attempt to reward shareholders by boosting leverage with its first bond offering in almost a decade and repurchasing stock is failing as the largest U.S. apparel chain faces its toughest year since 2008.Retailers post strong June sales
Consumers that were enticed by warmer weather and deep discounts of up to 80 percent on summer merchandise went on a buying binge in June, helping many retailers deliver robust revenue gains for what's typically the second-biggest shopping month of the year.Trial Kicks Off in Suit Over Blog Post by Cisco In-House Lawyer
Eric Albritton, a prominent Texas plaintiffs lawyer, claims that he was defamed in a 2007 blog post written by Richard Frenkel, then a staff IP lawyer at Cisco Systems Inc.Trial to Begin in Suit Against Cisco, Patent Troll Tracker Blogger
Legal bloggers writing about intellectual property matters are sure to take note of a trial set to start on Sept. 14 in Tyler. It pits East Texas intellectual property litigator Eric Albritton against Silicon Valley tech company Cisco Systems Inc.Retailers report solid sales gains for July
Many retailers posted solid sales during the kickoff to the back-to-school season as discounts and high temperatures in July drove shoppers to air-conditioned malls.Gap Rules Retail Returns After Escaping Junk
Gap Inc., the retailer that recaptured an investment-grade credit rating from Standard & Poor's, is handing bondholders returns that are more than double the broader market as profit margins expand to the widest level in two years.Trial to Begin in Suit Against Cisco, Patent Troll Tracker Blogger
Jury selection begins today in a case that pits intellectual property litigator Eric Albritton against tech company Cisco Systems. Albritton alleges in his June 16, 2008, federal court complaint that Richard Frenkel, a one-time in-house lawyer at Cisco, defamed him in anonymous postings on Frenkel's Patent Troll Tracker blog in October 2007. The suits have attracted considerable attention due to the popularity of the Patent Troll Tracker blog, which is currently "open to invited readers only."In rare move, Chicago investor grabs three spaces on Lincoln Road
Chicago real estate broker Daniel Moon's contract to buy space at 663, 665 and 667 Lincoln Road is rare, not only because Lincoln Road retail space changes hands infrequently, but also because owners who may be willing to let go of their properties tend to ask unrealistic prices.Revenue, Profit, Cash: Managing Law Firms for Success
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