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Publix profits in Q1
Lakeland, Fla. – Publix Super Markets Inc. satisfied the public in the first quarter of fiscal 2015. The retailer’s net income jumped 11% to $548.9 million from $493.7 million in the same period a year earlier.
Sales were $8.3 billion, a 7% increase from $7.8 billion. Same-store sales increased 5.3%.
Publix stock is not publicly traded and is made available for sale only to current Publix associates and members of its board of directors.
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Report: eBay shareholders vote for power to nominate directors
San Jose, Calif. – eBay Inc. shareholders have reportedly voted themselves a measure of power to nominate directors on the company’s board. According to the Wall Street Journal, 59% of shares voting at the meeting approved allowing investors who hold at least 3% of eBay’s shares for three years to nominate up to 25% of the company’s directors.

