Walgreen reports loss of $239 million in fourth quarter
America’s largest drugstore chain, Walgreen, reported a loss of $239 million in its fiscal fourth quarter.
The loss stems from the company’s massive accounting charge...
News Corp. acquiring Move Inc. for $950 million
News Corp. has announced that it will be purchasing Move Inc., America’s third biggest online real estate listing company, for $950 million.
Move Inc.’s...
Japanese business confidence is up despite poor industrial production
In the three months to September Japanese business confidence has improved, according to the Bank of Japan’s quarterly study.
The Takan survey included over 10,000...
US stocks down showing signs of market volatility
U.S. stocks have dropped today with a surge of investors selling on the last day of the quarter.
The dip was fueled by major...
PayPal to split from eBay in 2015
PayPal is going to be spun off from eBay in the second half of 2015 and become its own separate publicly traded company.
Ebay’s board...
British consumer confidence down in September
British consumer confidence declined in September from a nine-year high as households showed marginally greater pessimism regarding their personal finances. GfK’s UK Consumer Confidence...
Wonga profits fall by 53 percent due to ‘remediation costs’
Wonga, the payday lender, on Tuesday posted a 53% decline in profits to £39.7 million for 2013. The London-based short-term, high-cost credit business blamed...
Gold price falls as US economy shows promise
Gold has dropped to its lowest price since January, with the US economy showing signs of good economic growth the demand for protection of...
Australian dollar sank after Reserve Bank of New Zealand confirmed it intervened in currency...
The Australian dollar dropped to a record low as the Reserve Bank of New Zealand (RBNZ) confirmed that it intervened in currency markets in...
RBS reports fewer bad investments this year
Royal Bank of Scotland Group plc. (RBS), which is 81.14% owned by the British taxpayer, announced that it expects fewer bad investments this year....