18k White Gold Diamond & Onyx Convertible 3 In 1 Cufflinks - Online

Exquisite luxury cufflinks made of 18k white gold with pave diamonds on one side and brilliant onyx stone on the other. These convertible cufflinks offer 3 designs in 1, with a reversible mechanism that allows each side to rotate around the center. Designed by Jacob & Co. Cufflinks may be made to order and require additional lead time. Please contact us for availability. 18k white gold, white diamonds and onyx, 2.35 ct tw white diamonds, Reversible, flip to reveal other side, Oval flip back closure, GIA Certified, C's available upon request,

Finiancial stocks fell 2.1 percent and were the biggest drag on the S&P 500. The U.S. Treasury yield curve flattened to its lowest level in more than two weeks. Early in the session, a surge in China stocks and positive sentiment across Europe on Moody’s decision to keep Italy’s sovereign rating outlook stable helped to support stocks. Declining issues outnumbered advancing ones on the NYSE by a 1.50-to-1 ratio; on Nasdaq, a 1.34-to-1 ratio favored decliners. The S&P 500 posted 4 new 52-week highs and 50 new lows; the Nasdaq Composite recorded 19 new highs and 286 new lows.

MILAN (Reuters) - Gilberto Benetton, a co-founder of Italian clothing retailer United Colors of Benetton who masterminded the family empire’s diversification into construction, transport and catering, has died at the age of 77, The former head of family holding company Edizione which controls Italy’s biggest infrastructure group Atlantia (ATL.MI), died after a short illness, the family said on Monday, With his brothers Luciano and Carlo and sister Giuliana, Gilberto founded United Colors of Benetton in a small town in northeast Italy in 18k white gold diamond & onyx convertible 3 in 1 cufflinks 1965, Carlo died earlier this year..

The retailer rose to fame in the 1980s and 1990s with its brightly colored sweaters but faced headwinds in recent times as demand for its products fell. Besides Atlantia, the Benettons, one of Italy’s richest families, also control travel caterer Autogrill (AGL.MI) and Rome’s airports. As the only member of the family on the Atlantia board, Gilberto faced a major crisis when a bridge in Genoa operated by a unit of Atlantia collapsed in August, killing 43 people. Earlier this year Atlantia agreed a deal with Spanish builder ACS (ACS.MC) to take control of motorway group Abertis ABE.MC.

TOKYO/MILAN (Reuters) - Japan’s Calsonic Kansei, owned by U.S, private equity firm KKR, has agreed to buy Fiat Chrysler’s Magneti Marelli for 6.2 billion euros ($7.1 billion) to form the seventh-largest independent car parts supplier, The first big deal by FCA’s newly-appointed chief executive Mike Manley, who took over in July after the sudden death of long-time boss Sergio Marchionne, creates a company 18k white gold diamond & onyx convertible 3 in 1 cufflinks with revenue of 15.2 billion euros ($17.5 billion), the companies said, The newly formed Magneti Marelli CK Holdings is likely to cut costs through synergies and expand its customer base as components makers try to keep up with a shift by carmakers into autonomous driving, connected cars and electric vehicles..

“This combination with Calsonic Kansei has emerged as an ideal opportunity to accelerate Magneti Marelli’s future growth,” Manley said on Monday of the FCA unit, which specializes in lighting, powertrain and high-tech electronics. FCA shares were up 3.6 percent at 1358 GMT as investors welcomed the hefty price tag, which will boost FCA’s net cash position, raise expectations of a share buyback and pave the way for dividend payments the carmaker promised under its new five-year strategy plan unveiled in June.

It will also help FCA pay for much needed investments in hybrid and electric cars in order to remain compliant with stricter future emissions regulations in the EU and elsewhere, “Getting this transaction completed at the price agreed is a significant early milestone and accomplishment,” George Galliers, an analyst at Evercore ISI, said of Manley and his team’s ability to match Marchionne’s deal-making reputation, Marchionne had set in motion a 18k white gold diamond & onyx convertible 3 in 1 cufflinks process to spin off the unit and distribute its shares to FCA shareholders by early 2019, but said in June that FCA would still be “receptive” to an offer..

Neither FCA nor its top shareholder, Fiat’s founding Agnelli family, will have a stake in the combined business but FCA said it would enter into a multi-year agreement to secure supplies to its plants and also to maintain operations and staff in Italy. KKR bought Calsonic from Nissan and other shareholders in 2016, saying it would help the parts maker, which relies on the Japanese carmaker for most of its sales, to expand globally. Calsonic has been in talks with FCA for months and made an initial 5.8 billion euro bid, sources have said.

FCA does not break out earnings for Magneti Marelli, which sits within its components unit alongside robotics specialist Comau and castings firm Teksid, The unit employs around 43,000 people and operates in 19 countries, Calsonic is paying around 18k white gold diamond & onyx convertible 3 in 1 cufflinks 17 times next year’s estimated earnings for Magneti Marelli, according to Galliers’ calculations, That’s more than double what listed rivals such as Valeo or Continental are worth, according to Refinitiv data, “As this transaction highlights, there is still value in parts of current supplier portfolios, if crystallized appropriately,” Jefferies analyst Philippe Houchois said, adding that the sale could lead to a special dividend of as much as 2 billion euros..

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