Finance

06/05/2013 - 4:54pm
Walgreens Q3 sales up 3.3%

Walgreens posted third-quarter sales of $18.3 billion, up 3.3%.

06/05/2013 - 10:45am
Jos. Bank’s Q1 profit down 45%

JoS. A. Bank Clothiers’ net income for the first quarter of fiscal year 2013 fell 45% to $8.1 million, down from $14.8 million for the first quarter of fiscal year 2012.

06/04/2013 - 12:45pm
Neiman Marcus has strong third quarter

Neiman Marcus had a strong third quarter fiscal 2013, reporting a substantial increase in net earnings as well as growth total revenues and same store sales.

06/04/2013 - 12:39pm
QVC names Jastrzebski CFO

QVC has appointed Ted Jastrzebski to the position of CFO. Jastrzebski, who will assume his new role in July 2013, will oversee QVC's financial operations, reporting to Mike George, president and CEO of QVC.

06/04/2013 - 12:36pm
Apax rue21 purchase draws claims, investigation

Law firm Harwood Feffer LLP is launching an investigation into claims against the board of directors of rue21 Inc. regarding the proposed purchase of the company by Apax Partners.

06/04/2013 - 12:33pm
Dollar General cuts profit forecast despite strong quarter

Dollar General reported record net income and sales during for the first quarter, but still reduced the top end of its profit forecast due to moderating same-store sales.

06/04/2013 - 12:31pm
Office Depot to sell joint venture in Latin American operation

Office Depot has reached an agreement to sell its 50% stake in Office Depot de Mexico S.A. de C.V. to its joint venture partner Grupo Gigante, S.A.B. de C.V. for roughly $690 million in cash.

06/04/2013 - 9:57am
IBM in mega-deal to buy cloud computing firm SoftLayer Technologies

IBM on Tuesday strengthened its position in the fast-growing market for cloud-computing services with the news that it has entered into an agreement to acquire SoftLayer Technologies Inc.

06/03/2013 - 11:17am
Survey: Father’s Day 2013 sales to reach $13 billion

Research released by IBISWorld showed that Father’s Day sales are forecast to total $13 billion in 2013, a 2% year-over-year increase.

05/31/2013 - 12:08pm
Genesco earnings, sales drop

Genesco, a specialty footwear and apparel retailer operating numerous brick-and-mortar and online retail brands including Journeys and Lids.com, reported declines in earnings and net sales for the first quarter of fiscal 2014.

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