Smartybusiness - smartybusiness.com
General Information:
Latest News:
Abercrombie & Fitch 2Q results miss expectations 22 Aug 2013 | 06:39 pm
NEW ALBANY, Ohio (AP) — Declining traffic and weakness in girls’ clothing weighed on Abercrombie & Fitch’s second quarter, pushing net income down 33 percent. The teen retailer’s results missed analys...
Hundreds Wait Days for Union Jobs in NYC 20 Aug 2013 | 01:23 pm
One cannot live a decent middle-class life if he or she works in a non-union sector job, since the wages have been pushed down to unprecedented lows. Hundreds of New Yorkers lined up in lower Manhatta...
Moller-Maersk shares surge on container unit gain 16 Aug 2013 | 03:34 pm
COPENHAGEN, Denmark (AP) — Denmark’s shipping and oil group A.P. Moller-Maersk saw profits at its container unit nearly double in the second-quarter, contributing to a big rise in the company’s share ...
Cisco 4Q profit grows but plans to cut 4,000 jobs 15 Aug 2013 | 02:40 pm
NEW YORK (AP) — Cisco’s earnings and revenue grew in the latest quarter as demand for its computer networking equipment increased. But CEO John Chambers called the global economy “challenging and inco...
JPMorgan faces criminal probe over mortgage bonds 9 Aug 2013 | 04:52 pm
NEW YORK (AP) — The U.S. Justice Department is investigating JPMorgan Chase over mortgage-backed investments the bank sold in the run-up to the financial crisis. The New York-based bank said in a regu...
ING 2Q profit dips on hedging; operations improve 7 Aug 2013 | 06:38 pm
AMSTERDAM (AP) — ING Groep NV, the Dutch banking and insurance group, says net profit was 39 percent lower in the second quarter from the same period a year ago, on losses incurred on a U.S. retiremen...
Bus drivers begin strike in some Phoenix suburbs 2 Aug 2013 | 01:50 pm
TEMPE, Ariz. (AP) — Tens of thousands of bus riders in Phoenix’s sprawling eastern suburbs were left without rides to work Thursday after drivers went on strike in a dispute with the company that just...
Airbus parent reports higher H1 profit 31 Jul 2013 | 11:48 am
PARIS (AP) — The parent company of European jet maker Airbus says its profit soared in the first half and it has announced a corporate shakeup to give new prominence to its civil aviation division. Eu...
Hudson’s Bay buying Saks for about $2.4 billion 29 Jul 2013 | 06:22 pm
NEW YORK (AP) — Luxury retailer Saks is being purchased by the parent of Lord & Taylor for approximately $2.4 billion. The news comes a little over a month after reports surfaced that Hudson’s Bay Co....
DOJ: Largest Hacking and Data Breach 26 Jul 2013 | 02:35 pm
Through sophisticated fraud scheme, a criminal enterprise has managed to breach the computer networks of at least 17 financial institutions, major retailers, and payment processors. The hackers manage...
