Canadian energy company, Penn West Petroleum Ltd, which had misclassified its expenses, rose the highest in past five years after it completed an accounting review while its dividend and output …
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Lennar Corp, United States’ second largest homebuilder, reported a profit that beat analysts’ expectation of 47% increase as it increased home sales at higher prices. In premarket trading, its shares …
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Sears holding Corp. is seeking to borrow $400 million from CEO, Edward Lampert’s hedge fund, which will give the retailer an infusion for holidays after burning through its cash during …
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Microsoft Corp agreed to purchase Mojang AB, software company, maker of Minecraft, a popular game, for $2.5 billion in a move to boost its mobile and Xbox businesses. The largest …
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An Olive Garden investor is disputing how the restaurant chain operates by saying that it is hurting itself by giving out too many breadsticks. In an almost 300-page critique, Starboard …
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RadioShack Corp announced it is seeking new capital and restructuring debt as the debt of the electronics retailer grows and its turn around attempts continue to fail. Shares rose slightly …
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 US sales increased in August, the fastest since April, boosting the prospects for economic growth in this quarter. USA Today reported that retail sales were up 0.6 in August. …
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 Dollar General Corp took its offer of $9.1 billion to Family Dollar Stores Inc shareholders after the company rejected its offer twice. This hostile move by Dollar General seeks …
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On Monday, Home Depot confirmed that hackers broke into its payment systems in what might be the biggest breach of computer network of a retail company. The retailer said that …
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McDonald’s Corp reported drops in sales in restaurants globally in August, the firth of such monthly slumps since Don Thompson, CEO took over in 2012 July. In premarket trading, the …
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