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Company News
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Sale of Cole Haan Is Completed to Apax Partners by Nike
Feb 4, 2013NIKE, Inc. announced it has completed the previously announced sale of its Cole Haan affiliate brand to APAX Partners LLP. NIKE, Inc. had earlier announced it has reached a definitive agreement to sell its Cole Haan affiliate brand to ...
Tags: NIKE, announced sale, APAX Partners LLP
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Saks Fifth Avenue Will Give 5% of All Registered Purchases
Feb 4, 2013This February, Saks Fifth Avenue will give 5% of all registered purchases made with a Saks Fifth Avenue credit card back to charity with an initiative called Saks Loves Your Cause. The donations will benefit the American Red Cross and ...
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Woolworths Claimed "Solid" First-Half Sales for The Australian Retailer
Feb 4, 2013Woolworths Ltd CEO Grant O'Brien has claimed "solid" first-half sales for the Australian retailer and insisted its domestic food and liquor business had increased its market share. The company, Australia's largest retailer, booked a 4.8% ...
Tags: food business, liquor business, sales
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Wang Jun Found That Downloads for His APP Had Suddenly Skyrocketed
Feb 4, 2013On Jan. 13, local developer Wang Jun found that downloads for his app had suddenly skyrocketed, totaling 58,000 in a single day. "Usually, it only gets between 1,000 and 2,000 daily downloads", he said on Thursday. But the spike in ...
Tags: Beijing, pollution, China Air Pollution Index, apps
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The Wet Seal Announced a Corporate Workforce Reduction and Certain Other Cost-Saving
Feb 4, 2013The Wet Seal, Inc. a leading specialty retailer to young women, announced a corporate workforce reduction and certain other cost-saving and investment initiatives. The Company also announced the resignation of President and Chief Operating ...
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LyondellBasell Announced Earnings From Continuing Operations for The Fourth Quarter 2012
Feb 4, 2013LyondellBasell Industries announced earnings from continuing operations for the fourth quarter 2012 of $645 million, or $1.13 per share. Fourth-quarter 2012 EBITDA was $1,289 million. Full year 2012 income from continuing operations was ...
Tags: LyondellBasell Industries, fourth quarter, Olefins, Polyolefins
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Microsoft Shipped an Estimated 900,000 Surface RT Tablets, But Demand Was "Muted at Best"
Feb 4, 2013Microsoft shipped an estimated 900,000 Surface RT tablets last quarter, barely missing the top five device makers, but illustrating that demand was "muted at best," IDC said today. "There is no question that Microsoft is in this tablet ...
Tags: Microsoft, Surface RT tablets, tablets
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Dell Will Launch His Private-Equity-Backed Plan to Take Dell, The Company He Started
Feb 4, 2013Michael Dell will launch his private-equity-backed plan to take Dell, the company he started in 1984, private as early as next week. The founder and CEO of the PC vendor is expected to offer $24bn (£15.3bn) or more with the backing ...
Tags: Michael Dell, Silver Lake Partners, Dell
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Samsung Was The Key Beneficiary of a Strong Q4 for Tablet Sales
Feb 4, 2013Samsung was the key beneficiary of a strong Q4 for tablet sales, which saw the Korean electronics manufacturer double its market share while Apple's lead in the sector slipped once again, according to research by IDC. Worldwide tablet ...
Tags: Samsung, tablet sales, electronics
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JBS Has Completed The Acquisition of Local Indebted Beef Processor Independencia Group
Feb 4, 2013Brazilian beef group JBS has completed the acquisition of local indebted beef processor Independencia Group. JBS, which announced last April it wanted to buy the business, today (1 February) confirmed it had concluded the deal made for ...
Tags: JBS, beef group, beef processor
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BT Group Dropped in The Three Months to 31 December 2012
Feb 4, 2013Revenues at BT Group dropped in the three months to 31 December 2012, according to a statement released today, but the firm still managed to produce a profit thanks to cost cutting and lower operating costs. The statement presented ...
Tags: BT Group, operating costs, revenues
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Infosys Is Research Arm of IT Business Consulting Firm Infosys, Headquartered in India
Feb 4, 2013There is a shortage of big data modellers as well as data scientists, according to the senior vice president of IT research firm Infosys Labs, Subu Goparaju. Infosys Labs is the research arm of IT business consulting firm Infosys, ...
Tags: data modellers, IT research, Infosys Labs
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The FTC Released a New Privacy Report for Protecting Consumers Using Mobile Devices
Feb 4, 2013Social networking app Path settled a case with the Federal Trade Commission today, paying $800,000 for allegedly violating kids' privacy on its site. The FTC also released a new privacy report, with recommendations for protecting consumers ...
Tags: Social networking app, Path, mobile apps
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One of The More Popular Small SUVs, The RAV4 Has Been a Top Performer in Consumer Reports
Feb 4, 2013One of the more popular small SUVs, the RAV4 has been a top performer in Consumer Reports tests for years. To see how the new model compares against fresh competitors, we just purchased a typically equipped RAV4 for testing. With the ...
Tags: SUV, RAV4, Toyota, auto industry
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Blackberry Z10 Promises to Be an Appealing Alternative to Apple,Android,and Windows Phones
Feb 4, 2013The wait was worthwhile: The long-delayed BlackBerry Z10 smart phone is sleek in design and brims with intriguing features, including arguably the smartest phone keyboard ever. Paired with the new BlackBerry 10 operating system, with its ...
Tags: BlackBerry Z10 smart phone, smart phone, phone product
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