Two apparel retailers, TJX Cos. and Children’s Place Inc., battled currency-related headwinds in their first quarter while still managing to post higher earnings in a challenging shopping environment.
When hard pressed on pointed questions, particularly from investors, executives frequently respond with answers that are least likely to cause concern.
Total market capitalization of the West African Regional Stock Exchange in 2015: $15.1B
German fashion retailer Hugo Boss will have a new chief executive when it holds its annual shareholder meeting Thursday, after a subcommittee of its supervisory board on Monday proposed Chief Financial Officer Mark Langer to the post.
J.C. Penney Co. finance chief Edward Record said unseasonal winter weather and changes to how consumers spend their cash hit the retailer’s first quarter sales and earnings, but cost cutting efforts tempered the sting.
Tiffany Chief Financial Officer Ralph Nicoletti will leave the company this month to become the finance chief at Newell Brands.
Nordstrom Inc. finance chief Michael Koppel said the luxury retailer plans to generate $150 million in expense savings, including $60 million from a previously announced corporate realignment.
Ralph Lauren is nursing only mild stings from currency shifts in its latest reported quarter.
Companies are shelling out billions in break-up fees amid a record year for failed mergers and acquisitions.
Perrigo Co. Chief Financial Officer Judy Brown will take on an expanded role, adding the title of executive vice president of business operations, the company said early Thursday while reporting first-quarter results.
A cybersecurity investigation into unusual credit card activity at Wendy’s Co. drove a slight increase in costs at the burger chain in the first quarter and will continue to do so for the rest of the year.
Warren Buffett’s Berkshire Hathaway took a new $1 billion position in Apple in the first quarter, an uncharacteristic bet for the firm that was made by the two former hedge-fund managers brought on board as potential successors.
U.S. stocks fell Tuesday as investors fretted about the prospect of higher interest rates.
Range Resources said it agreed to buy rival energy company Memorial Resource Development in an all-stock deal valued at $3.3 billion.
SandRidge Energy filed for bankruptcy protection after reaching a deal with its creditors to swap $3.7 billion in debt for control of the oil and gas company.
If investors hoped the biggest oil bust in decades would change the way oil industry executives are getting paid, they are probably disappointed.
Perrigo Co. said it posted a bigger first-quarter loss than it had originally reported last week, reflecting a smaller tax benefit.
Facebook is now selling video ads on behalf of other companies, a move that could prove lucrative and intensify its competition with Google and other online-ad specialists.
Valeant said it would expand discounts for a pair of its heart drugs following heavy scrutiny over its pricing tactics.
Pfizer said it would buy Anacor Pharmaceuticals for about $4.5 billion, as it turns to smaller deals after walking away from its scuttled acquisition of Allergan PLC.
Having had it easy for a few months, the People’s Bank of China is now coming under renewed pressure to steady the yuan and prevent money from leaving China’s shores.
U.S. officials are pushing for a centralized data feed to track trading in government bonds as they move to boost oversight of the $13 trillion Treasury market.
Off-price retailer TJX has been a bright spot in retail, but its success will be put to the test.
Dell is moving closer to completing one of the largest bond deals ever, luring investors with hefty yields that reflect the troubles of the computer-hardware industry and a recent flood of corporate-bond issuance.
Williams Cos. has filed a new lawsuit against pipeline giant Energy Transfer Equity, seeking to force the company to proceed with their $33 billion merger.
Apple is betting $1 billion on China’s homegrown competitor to Uber, marking the technology giant’s largest investment in a critical market at a time when its global fortunes are flagging.
