Daily Mail profit growth pleases investors
Daily Mail and General Trust plc. (DMGT) posted a 9% increase in pre-tax profit to £291 million for the year ended September, which was...
Update 1 – Thomas Cook CEO Harriet Green resigns, nobody believes her reason
Harriet Green, CEO of British travel company Thomas Cook Group plc., shocked investors by announcing her resignation, explaining that her work in the company...
Sony offers refunds to PS Vita owners because of depective ads
Sony will be refunding American customers that bought the PS Vita console before June 1, 2012 because of its use of deceiving ads that led...
Visa Inc sued by Discover Financial under anti-competitive allegations
Discover Financial Services has sued Visa Inc under allegations that the company's credit credit card business has engaged in anti-competitive practices.
Discover Financial is looking...
Samsung sells stakes in chemical and defense firms to Hanwha for $1.72 billion
Samsung Group announced that it is selling stakes in four chemical and defense firms to Hanwha Group in a deal worth 1.9 trillion won...
American consumer confidence fell in November down to 88.7
In November American consumer confidence dropped to its lowest level since June, with people showing less optimism about the US economy and jobs.
The index...
Tiffany posts Q3 revenue of $959.6 million, stock surged by 2.5%
Tiffany, the US multinational luxury jewelry and specialty retailer, posted lower than expected third quarter sales on Tuesday, but it was still strong enough to...
OECD nations need a stronger policy response to spur global growth
OECD nations need to act with a greater sense of urgency to avoid risks to growth, says the Organization for Economic Co-operation and Development...
Reitmans closing all 107 Smart Set stores
Montreal-based retailer Reitmans Limited announced on Tuesday that it is going to shut down all its 107 Smart Set stores over the next 12...
US Home price rises losing steam, says S&P/Case-Shiller
US home price increases are slowing down, according to S&P/Case-Shiller. The 10-City Composite was up 4.8% year-over-year in September, down from August’s 5.5%, while...