DailyMarkets.com - Best Buy To Shutter A Few Big Boxes
DailyMarkets.com - Best Buy To Shutter A Few Big Boxes |
- Best Buy To Shutter A Few Big Boxes
- Kraft Foods Stops Greek Yogurt Sale
- Goldman Trims Down Stake In ICBC
- Kilroy Realty Leases To Qualcomm
- Citigroup Reports Mixed Bag
- Toyota Recalls Prius Hybrids
- MeadWestvaco To Spin-Off Office Biz
- FDA Approves Conceptus’ Essure Data
- Stocks Pare Gains, Tech Sector Dragged Lower
- TiVo Wins Lawsuit In Australia
- Ventas Prices Senior Notes
- Euro Turns Lower On Spain Concerns
- Stocks Start Strong On Data
| Best Buy To Shutter A Few Big Boxes Posted: 16 Apr 2012 09:50 AM PDT Recently, Best Buy Company Inc. (NYSE:BBY), the leading specialty retailer of consumer electronic products, announced the locations of few big box stores that it intends to close, Associated Press reported.
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| Kraft Foods Stops Greek Yogurt Sale Posted: 16 Apr 2012 09:35 AM PDT Reuters recently reported that Kraft Foods, Inc. (NYSE:KFT) discontinued its Greek yogurt product under the Athenos brand in March this year. The highly nutritional yogurt had become popular in the US in the last few years. The company's increased focus on building new products under the Athenos brand was cited as the reason behind the discontinuation of the high protein yogurt. Kraft Foods currently markets feta cheese, hummus and pita chips under the Athenos brand.
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| Goldman Trims Down Stake In ICBC Posted: 16 Apr 2012 09:25 AM PDT The Goldman Sachs Group Inc. (NYSE:GS) is again lowering its exposure in the Chinese economy. The company is selling nearly $2.5 billion worth of shares that it holds in Beijing-based Industrial & Commercial Bank of China Ltd. (ICBC). This was reported by Bloomberg after communicating with people familiar with the matter.
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| Kilroy Realty Leases To Qualcomm Posted: 16 Apr 2012 09:05 AM PDT Kilroy Realty Corporation (KRC) recently announced that it has leased the 48,709 square foot 10445 Pacific Center Court building in Sorrento Mesa, San Diego to Qualcomm. Inc (NASDAQ:QCOM). The time period for the lease is five years and five months and is expected to start from the third quarter of 2012.
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| Posted: 16 Apr 2012 08:50 AM PDT After reporting a disappointing result in the prior quarter, Citigroup Inc.'s (NYSE:C) results were a mixed bag in the first quarter. First-quarter 2012 earnings came in at 95 cents per share on revenues of $19.4 billion. It was hurt by accounting charges though modestly benefited from its recent stake sale activities and increasing global consumer banking as well as transaction services revenues.
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| Posted: 16 Apr 2012 08:50 AM PDT Toyota Motor Corp. (NYSE:TM) extended its safety recall saga by announcing a "service campaign" to fix a problem with the control mechanism in the exhaust system of its famous Prius hybrid cars.
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| MeadWestvaco To Spin-Off Office Biz Posted: 16 Apr 2012 08:35 AM PDT MeadWestvaco Corporation(NYSE:MWV) has decided to spin-off the Consumer & Office Products business in a new entity on April 24, 2012. The decision follows the company's announcement in November last year to merge the new entity with the office supply manufacturer, ACCO Brands Corporation (NYSE:ABD). The deal was valued at $860 million.
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| FDA Approves Conceptus’ Essure Data Posted: 16 Apr 2012 08:20 AM PDT The manufacturer of Essure permanent birth control system, Conceptus (NASDAQ:CPTS) recently received the US Food and Drug Administration (FDA) nod for including 10-year data on effectiveness of Essure in the Essure procedure US Instructions for Use (IFU) and Patient Information Booklet (PIB). On top of that, FDA also allowed the company to include full five-year clinical study results and effectiveness rate of 99.83% in the IFU and PIB. With this approval, the clinical trial for Essure, which was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Stocks Pare Gains, Tech Sector Dragged Lower Posted: 16 Apr 2012 08:20 AM PDT 04/16/12 US stocks pared gains to turn mixed, as mixed economic data and earnings were digested. Retail sales topped estimates, but regional manufacturing and homebuilder sentiment dropped. Technology shares declined with Apple and Google dragged … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| TiVo Wins Lawsuit In Australia Posted: 16 Apr 2012 08:15 AM PDT TiVo Inc. (TIVO) recently won a decisive victory over its Australian competitor Vivo International in a trademark lawsuit. As per the latest Australian Federal Court ruling, Vivo International has been banned from using the "Vivo" trademark going forward.
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| Posted: 16 Apr 2012 07:50 AM PDT Ventas Inc. (VTR) recently announced that it has priced a public offering of $600 million aggregate principal amount of 4.00% Senior Notes maturing 2019 at 99.489% of principal amount. The company's operating partner, Ventas Realty, Limited Partnership, and one of its wholly owned subsidiary, Ventas Capital Corporation are primarily responsible for the senior notes offering .The sale of the notes is expected to close on April 17, 2012.
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| Euro Turns Lower On Spain Concerns Posted: 16 Apr 2012 07:00 AM PDT 04/16/12 The euro was lower Monday as soaring bond yields in Spain allowed worries to resurface about the fragile state of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 16 Apr 2012 01:00 AM PDT 04/16/12 US stocks rose, bouncing from last week’s sharp losses, as a stronger-than-expected reading on retail sales overshadowed concerns about Spain’s borrowing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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