More Top Stories in Business
... pL.L. Bean's boot boom going strong/p pCNBC's Courtney Reagan reports on the hot demand for the famous "Bean Boot", made at the L.L. L.L.Bean, the 102-year-old boot-maker based in Freeport, Maine, has seen such a surge in demand for its iconic "Bean" boot, that it's had to double its ...
Atlanta Journal And Constitution · 3 hours ago
(Company corrects to remove reference to connected home device in 10th paragraph.) Revenue dropped 34 percent to $793 million in the three months ended Nov. 29, missing analysts’ estimates for $931 million. BlackBerry shares fell 4.7 percent to $9.60 at 12:15 p.m. New York time. Earlier, the stock ...
Washington Post · 57 minutes ago
NEW YORK – Stocks are opening mostly higher in the U.S. as the market comes off a massive two-day rally. The Dow Jones industrial average was up 12 points, or 0.1 percent, to 17,786 as of 9:35 a.m. Eastern time Friday. The Dow had surged 421 points the day before, its biggest gain in three years. ...
FOXNews.com · 5 hours ago
Thai Union Frozen Products PCL, one of the world’s largest seafood companies, said Friday it is acquiring U.S.-based Bumble Bee Seafoods LLC for $1.51 billion.TUF said in a statement that the move is aimed at improving “operating efficiencies” in its sourcing and production, and making further ...
Wall Street Journal · 1 hour ago
Building a better egg (with no chicken) NEW YORK (CNNMoney) Unilever takes its mayonnaise very seriously. But this time, the global food giant appears to have egg on its face. In October, Unilever filed a lawsuit against Hampton Creek, a San Francisco start-up that makes an egg-free mayonnaise ...
CNN Money · 4 hours ago
Ally Financial Upon completion of the transaction, Ally will exit the Troubled Asset Relief Program (TARP). Prior to this transaction, the US Treasury has received USD18.3 billion on a USD17.2 billion investment in Ally, representing excess proceeds of USD1.1 billion thus far. Ally Financial Inc., ...
BusinessWeek · 2 hours ago
- Canada-based convenience store operator Alimentation Couche-Tard Inc Under the deal, Alimentation Couche-Tard will pay USD 36.75 per share. The terms of the agreement were unanimously approved by the boards of directors of both companies, Alimentation Couche-Tard said. The transaction price ...
BusinessWeek · 1 hour ago
Nike shares came under pressure Friday over the potential impact of extremely volatile currency rates. The ruble is hitting all-time lows against the U.S. dollar, Japan had dipped into recession and emerging markets are almost universally constrained. Nike reported quarterly earnings late Thursday ...
FOXNews.com · 1 hour ago
China’s economy officially just got bigger; more important, it also became more balanced, a longtime priority of Chinese leaders and good news for the world. China’s GDP revision, announced by the national bureau of statistics on their website today, shows the economy in 2013 was 1.92 trillion ...
BusinessWeek · 5 hours ago
SOUTH BEND — A friendly wager between the hosts of a popular ESPN Radio show may lead to a jackpot for one South Bend charity. The bet between "Mike and Mike" co-hosts Mike Greenberg, an alumnus of Northwestern University, and Mike Golic, an alumnus of the University of Notre Dame, boiled down to ...
South Bend Tribune · 1 hour ago