PITTSBURGH, PA (BRAIN) — Fueled by strong online sales, third-quarter net income at Dick’s Sporting Goods Inc. rose 21 percent, to $50.1 million from $41.5 million a year earlier. Dick’s, which also operates golf ...
INDIANAPOLIS --- Electronics and appliance retailer hhgregg has completed a rollout of Ashley Furniture to all 228 of its stores, the company confirmed. The move follows a test at a number of stores of upholstery, occasional tables, ...
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Flowers Foods has acquired the licence to the Earthgrains and Sara Lee brands in California from Grupo Bimbo. The US bread maker has predicted consolidation in the US bakery sector and is looking to build its geographic reach by ...
Tags: Flowers Foods, bread maker, food, sliced bread, buns, rolls
Iconix Brand Group Inc.announced that it has signed a definitive agreement to acquire the Umbro brand and related intellectual property assets from NIKE,Inc.for$225 million in cash.The transaction is expected to close by the end of the ...
Tags: Umbro, Iconix, sports apparel
IDG News Service-Yahoo plans to shut down its struggling business in South Korea by the end of this year to focus its resources,the company said on Friday. The announcement comes ahead of Yahoo's quarterly earnings conference call on ...
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Siemens has shelved plans to float its lighting business,Osram,on the stock market and instead will spin off the company early next year,according to its chief executive Peter Loescher. The company's net profit of Euro 823 ...
Tags: Europe, Osram, Siemens, LED, Lights&Lighting
Quarterly earnings from some of the biggest tech companies in the world this week were decidedly mixed,but showed some signs of strength,particularly in enterprise IT spending. Tech vendors with exposure to the hardware market have ...
Tags: tech companies, PCs, Intel, smartphone
Sears Holdings Corp. said it plans to spin off its small-format hometown dealer stores and outlets and sell 11 stores to raise cash and shore up its money-losing retail business. The long-suffering retailer, controlled by hedge-fund ...
Tags: Market View, hardware
Energy Conversion Devices Inc on Tuesday said it temporarily suspended manufacturing of its lightweight solar products, is cutting 500 jobs and has hired an advisory firm to help attract additional investment as it struggles to compete in ...
Tags: solar
Energy Conversion Devices Inc on Tuesday said it temporarily suspended manufacturing of its lightweight solar products, is cutting 500 jobs and has hired an advisory firm to help attract additional investment as it struggles to compete in ...
Tags: Market View, solar