US Company Updates

.

Syndicate content
Updated: 14 hours 50 min ago

Gap reports a fall in sales in the fifth straight quarter

Wed, 05/11/2016 - 03:03

gap.jpg

Clothing giant, Gap Inc has reported a fall in sales during the fifth straight quarter at a time when the company was expected to start recovery. The shares of the company also fell as it recorded a lwer than expected profits for the first quarter.

 

read more

Categories: United States

Square Reports Growth in Sales for the Fourth Quarter

Thu, 03/10/2016 - 08:05

Square-Reports.jpg

Jack Dorsey has been juggling between Square and Twitter being the chief executive of both the companies. Square is a mobile-payments company that went public recently public and Twitter, the social network is looking for new users and is struggling for some time to keep the ld users with it.

read more

Categories: United States

Moody’s Announce a Pact with Calpers Over a 2009 Ratings Lawsuit for $130 Million

Thu, 03/10/2016 - 08:01

Moody’s-2.jpg

On Wednesday, Moody's announced a pact with California Public Employee Retirement System in which the investor service will pay $130 million to settle claims for supposedly inflated ratings during the financial crisis era on residential- mortgage bond deals.

The prominent lawsuit which alleges crisis-era misconduct will be a record settlement for Moody's Investor's Service.

read more

Categories: United States

Staples Inc. and Office Depot Merger, Is that Still a Possibility?

Sat, 03/05/2016 - 08:53

Staples-Inc-and-Office-Depot-Merger.png

Staples, the office supply, furniture and equipment chain retailer has struggled for some time to perk up the revenues as demands decrease for conventional office requirements like filing cabinets and folders. Consumers now prefer to look for cheaper online deals which hurt the demands for conventional office goods.

read more

Categories: United States

Chipotle will Shutter Restaurants on Monday for Four Hours for Food Safety Meeting

Mon, 02/08/2016 - 09:16

Chipotle-Restaurants.jpg

The E. coli outbreak connected to Chipotle's outlets which began in the Northwest and quickly spread to a number of other states seems to be over now. Investigations were carried out by the authorities but the reasons of the outbreak still continue to be unknown.

read more

Categories: United States

Latest News

Toyota Entering Strategic Investment Deal with Uber
HP Enterprise will Spin Off its Enterprise Services Business Merging it with Com
Patrick Soon-Shiong invests $70.5 million in Tribune
Ares Capital planning to acquire American Capital
Although Scientists say GMOs are Safe to Eat But it is Not Easy to Convince Ever
Central States Pension Fund has No New Recovery Plan Seeks Legislation to Protec
Does Fewer Opioid Prescriptions in the U.S Reflect a Curb in the Wave of Addicti
Japan’s Exports Drop further in April adding to a Gloomy Outlook
The Long Drawn Battle for Control Over Sumner Redstone’s Trust Takes New Turn
April Payrolls Reflect Significant Increases in Eleven US States
Bids for Yahoo may Not Match Earlier Expectations