Kroger sales increased 4.6 percent in Q1 2014
Kroger sales increased 4.6 percent in the first quarter of 2014, pushing shares up by 5.1% to $49.66 in early trading today. America’s biggest...
NatWest Bank cutting hundreds of branch manager positions
NatWest Bank says it plans to reduce the number of branch managers by 361 in its quest to reduce costs. Forty-five of them will...
FedEx fourth quarter profit increased
With online shopping raising ground-shipping business, FedEx fourth quarter profit increased. The company reported earnings of $2.46 per diluted share compared to last year’s...
Alibaba publishes updated earnings and sales data
Under pressure from investors before what is likely to be the largest ever IPO, Chinese giant Alibaba publishes updated earnings and sales data, as...
BNP Paribas ten billion dollar fine, French government claims “progress”
The French government, which is hoping to reduce a potential BNP Paribas ten billion dollar fine, claims it is making progress after talking to...
Target shareholder dissent increases
Target shareholder dissent is growing. In its final shareholder's meeting to approve 10 nominees for the board, the tally showed an increase in dissent...
Medtronic Covidien acquisition deal confirmed
A Medtronic Covidien acquisition deal has been confirmed by the two companies. Medtronic, a Minnesota-based medical devices multinational is to take over Covidien, also...
Producer prices dropped 0.2 percent in May
The US Bureau of Labor Statistics informed on Friday that producer prices dropped 0.2 percent in May, after rising 0.6% in April and 0.5%...
Excessive superstar talent can harm sports teams and the boardroom
Excessive superstar talent can be detrimental to sports teams and the boardrooom, says a study published in the journal Psychological Science. After a certain...
Is the German economy overheating?
In 2014, Germany’s gross domestic product (GDP) is forecast to expand by 2% and then by 2.5% in 2015, well above its 1.25% potential...