NEW YORK (Reuters) – Women’s clothing retailer Talbots Inc posted a higher-than-expected quarterly profit as tighter inventory management boosted its margins, but its shares fell as sales missed Wall Street forecasts.
NEW YORK (Reuters) – Women’s clothing retailer Talbots Inc posted a higher-than-expected quarterly profit as tighter inventory management boosted its margins, but its shares fell as sales missed Wall Street forecasts.
LONDON (Reuters) – For a bank that prides itself on smooth successions, HSBC is suddenly scrambling to pick its next chairman.
LONDON (Reuters) – For a bank that prides itself on smooth successions, HSBC is suddenly scrambling to pick its next chairman.
NEW YORK (Reuters) – Americans applied to buy homes at the highest pace last week since May, but more than 8 of every 10 loan requests was for a refinancing, Mortgage Bankers Association data show on Wednesday.
NEW YORK (Reuters) – Americans applied to buy homes at the highest pace last week since May, but more than 8 of every 10 loan requests was for a refinancing, Mortgage Bankers Association data show on Wednesday.
HOUSTON (Reuters) – BP Plc’s internal probe of the deadly April 20 blowout that unleashed the massive Gulf of Mexico oil spill will assign blame to BP as well as other companies involved in the well’s operations, The Wall Street Journal reported on Tuesday.
SINGAPORE (Reuters) – Asian stocks fell on Wednesday, with Japan’s big exporters among the heaviest losers as a rise in the yen to a new 15-year high threatens to erode their overseas earnings.
TOKYO (Reuters) – Japan’s government sharpened its rhetoric on foreign exchange intervention on Wednesday as a rise in the yen to a 15-year high underlined concerns that the currency’s strength could threaten the economic recovery.
MELBOURNE (Reuters) – Foster’s Group Ltd , Australia’s largest brewer, said it rejected a private equity offer worth up to $2.5 billion for its wine unit as too cheap and would continue with the split of its beer and wine businesses.