U.S. J.C. Penney’s (JCP.N) Chief Executive Officer Marvin Ellison is leaving the struggling retailer to join home improvement chain Lowe’s Cos Inc (LOW.N), the companies said.
Wall Street edged higher on Wednesday as Macy’s strong results helped drive gains in retails stocks and more than offset losses in energy shares.
Macy’s Inc reported higher-than-expected same-store sales growth for the fourth quarter and forecast a possible return to annual comparable sales growth in 2018.
Shares of retailers such as Macy’s Inc and Wal-Mart were up following a promising start to the holiday season.
Wal-Mart Stores Inc said it would not hire temporary workers this holiday season and would instead offer the extra hours to its current employees.
U.S. stocks opened lower as Macy's weak earnings weighed on the consumer discretionary sector.
US stocks were on track to open slightly lower on Thursday as Macy's weak earnings weighed on the retail sector.
Minority investors divided over changes at ICICI bank
Fund managers seek clarity on governance & leadership for investment decisions
Kochhar's fully paid leave raises questions
Proxy advisory firm raises questions on remuneration
Will issue 5.1% equity shares worth Rs 746 Cr to investors, priced at Rs 1,661/sh
IIFL's wealth management business valued at Rs 14,600 Cr
Investors include Amansa holdings, General Atlantic Singapore & HDFC Standard Life
Gets final USFDA approval for Generic Sustiva
U.S. Sales stood at approximately $105 Mn in a 12 month period, ending in April 2018
Nerolac to enter share purchase agreement with RAK paints in Bangladesh
Will acquire 55% paid up equity share capital in RAK paints for Rs 45.8 Cr
Acquisition to be complete by 31st July 2018
UPL consortium said to be in talks to buy platform's agri pesticide unit Arysta Lifescience
UPL to team up with Abu Dhabi investment authority for Arysta Lifescience
UPL group's talks for Arysta Lifescience unit said to be in advanced stages