Finance & Capital Management

New York City -- VF Corp. reported that its third-quarter net income rose 24% on higher prices and sales, and raised its full-year outlook and quarterly dividend.

The clothing and footwear company said profit growth came from its September acquisition of Timberland and strong sales across most of its categories. 
 

Boca Raton, Fla. -- Office Depot announced the launch of Office Depot Merchant Services, an electronic payment processing service for small and medium-sized businesses.

In its seventh year, the annual Top Redevelopers survey took a little turn. Chain Store Age’s coverage of the prior year’s redevelopment highlights has been expanded to include an additional six-month period in order to make the results as current as possible. So, instead of covering redevelopment projects that occurred during calendar year 2010, this year’s results include the first six months of 2011, as well.


BOCA RATON, Fla. — Office Depot announced that the company’s global headquarters, located in Boca Raton, Fla., has earned the U.S. Environmental Protection Agency’s (EPA’s) Energy Star certification. The certification signifies that the building performs in the top 25% of similar facilities nationwide for energy efficiency and meets strict energy efficiency performance levels set by the EPA, Office Depot reported.

BURBANK, Calif. — Former chairman, president and CEO of Procter & Gamble, A.G. Lafley, has joined Legendary Entertainment’s board of directors.

Lafley joins a board comprising Legendary's chairman and CEO Thomas Tull, as well as Jim Breyer, Larry Clark, Dick Cook and Joe Roth.

Legendary Entertainment is a media company with film (Legendary Pictures), television (Legendary Television) and comics (Legendary Comics) divisions.