ConAgra Foods profit nearly triples
The Omaha-based packaged foods company, famous for Chef’s Boyardee pastas, Hunt’s Ketchup, and Hebrew National hot dog - ConAgra Foods - informed that first...
Vacuum cleaner sales boost UK August retail figures
If you want a sudden surge in sales, ask the European Union to impose new restrictions on a product. Up to the day the...
Canadian salaries projected to increase by 2.79% in 2015
A new study has revealed that Canadian salaries are projected to increase by 2.79% in 2015.
Pal Benefits Inc., a human resources consultancy, said that...
Financial market bets too big and risky, says IMF
Excessive financial market bets pose a growing risk to the world economy, says the International Monetary Fund (IMF). All you need is a change...
Bayer floating its plastics business
The German chemical and pharmaceutical multinational giant Bayer is floating its plastics business - Bayer MaterialScience - as a separate company, saying it plans...
Sky Deutschland tells shareholders to shun BSkyB offer
Sky Deutschland, Germany’s pay-TV provider, has told its minority shareholders to turn down BSkyB’s offer. Given that BSkyB is a majority stakeholder in German...
Fed says rates stay low for a long time
The Fed says rates will stay low for a “considerable time” after the stimulus program has been wound down in October. However, it also...
Calpers appoints Ted Eliopoulos as Chief Investment Officer
The California Public Employees' Retirement System (Calpers) has appointed Ted Eliopoulos as its new Chief Investment Officer (CIO). A chief investment officer is a board-level...
Boeing-Lockheed venture invests in rocket engine with Bezos firm
The Boeing Co and Lockheed Matin Corp joint venture, United Launch Alliance (ULA), stated that it will be investing in a new rocket engine,...
Pier 1 Imports reports poor profit and revenue figures
Pier 1 Imports is yet another retailer to have performed badly. Shares of the company declined by 11% after trading hours on Wednesday. Its...