Posted by Reuters: Business News on February 2, 2012
NEW YORK (Reuters) – Martha Stewart Living Omnimedia’s contract with Macy’s to exclusively sell certain products has a loophole that will let the company sell in J.C. Penney Co stores, according to the home-goods company.
Posted by Reuters: Business News on January 17, 2012
SAN FRANCISCO (Reuters) – Yahoo Inc co-founder Jerry Yang has quit the Internet company he started in 1995, appeasing shareholders who had blasted the Internet pioneer for pursuing an ineffective personal vision and impeding investment deals that may have transformed the struggling company.
Posted by Reuters: Business News on
SAN FRANCISCO (Reuters) – Yahoo Inc co-founder Jerry Yang has quit the Internet company he started in 1995, appeasing shareholders who had blasted the Internet pioneer for pursuing an ineffective personal vision and impeding investment deals that may have transformed the struggling company.
Posted by Reuters: Business News on January 5, 2012
SAN FRANCISCO (Reuters) – Yahoo Inc named PayPal President Scott Thompson as its chief executive on Wednesday, hoping the well-regarded Internet technology and e-commerce expert will replicate his success at eBay Inc and turn around the struggling company.
Posted by Reuters: Business News on December 1, 2011
(Reuters) – Apple Inc’s newest board member, Walt Disney Co Chief Executive Officer Bob Iger, bought about $1 million worth of the iPhone maker’s shares earlier this week, a symbolic gesture of confidence in the prospects of the company.
Posted by Reuters: Business News on November 21, 2011
(Reuters) – U.S. property and casualty insurer Alleghany Corp said it would buy reinsurer Transatlantic Holdings for $3.4 billion in cash and stock, a day after a source told Reuters that Alleghany was close to a deal for the company.
Posted by Reuters: Business News on November 3, 2011
(Reuters) – Groupon Inc is set to price one of the year’s most closely watched initial public offerings late Thursday, to strong demand for the scaled-back stock market debut of the largest daily deal company.
Posted by Reuters: Business News on October 24, 2011
(Reuters) – Oracle Corp struck a deal to buy RightNow Technologies Inc for around $1.5 billion, agreeing to pay a nearly 20 percent premium for the cloud-based customer service company.
Posted by Reuters: Business News on October 12, 2011
(Reuters) – PepsiCo Inc reported slightly better-than-expected quarterly earnings on Wednesday and affirmed its full-year target, helped by international growth and the acquisition of a Russian beverage company.
Posted by Reuters: Business News on September 22, 2011
SAN FRANCISCO (Reuters) – Hewlett-Packard Co named former eBay Inc Chief Executive Meg Whitman its president and CEO, replacing the harshly criticized Leo Apotheker in a bid to restore investor confidence in the iconic Silicon Valley company.
