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Icahn threatens substitute fight if Family Dollar not put adult for sale

Icahn threatens substitute fight if Family Dollar not put adult for sale

(Reuters) – Activist financier Carl Icahn asked struggling tradesman Family Dollar Stores Inc (FDO.N) to put itself adult for sale immediately, melancholy a substitute fight to reinstate a company’s whole house if a sale routine was not started. Icahn, who became Family Dollar’s largest shareholder progressing this month, also asked that 3 of his member […]

UPDATE 2-Oracle’s quarterly formula defect Wall Street, batch drops

UPDATE 2-Oracle’s quarterly formula defect Wall Street, batch drops

(Adds forecasts from discussion call, analysts’ comments) By Noel Randewich SAN FRANCISCO, Jun 19 (Reuters) – Oracle Corp on Thursday posted mercantile fourth-quarter formula that disappointed investors looking for some-more swell opposite rivals selling web-based services, promulgation a shares lower. Reflecting expectations of a pickup in a program business and swell in cloud computing, shares […]

Dov Charney led American Apparel amid controversy

Dov Charney led American Apparel amid controversy

Dov Charney announces he will shiver his mantle production plant that employs some 1,500 workers, in tact of a scheduled Dec. 12 mercantile strike by Latinos, during a convene on Dec. 11, 2003, in Los Angeles. The house of American Apparel has voted to reject Charney as chairman.(Photo: Reed Saxon, AP) Dov Charney’s electric celebrity […]

Stock futures lean aloft post-Fed; claims ahead

Stock futures lean aloft post-Fed; claims ahead

By Barbara Kollmeyer and Carla Mozee, MarketWatch LONDON (MarketWatch) — U.S. batch futures edged aloft a day after a SP 500 index extended a run of record closes, driven by signs that Federal Reserve Chairwoman Janet Yellen is in no rush to lift rates. Fresh information on Thursday will come in a form of weekly […]

After American Apparel house ousts Dov Charney, workers still clueless

After American Apparel house ousts Dov Charney, workers still clueless

The lights were on during a American Apparel bureau formidable in downtown Los Angeles late Wednesday. Several workers milled around a parking lot chatting and eating snacks. Few, if any, had listened that their boss, Chief Executive Dov Charney, had been suspended by a retailer’s house of directors hours earlier. One male pronounced he was […]

AAA: Iraq misunderstanding expected to keep US gas prices high

AAA: Iraq misunderstanding expected to keep US gas prices high

A lady pumps gasoline into her car in New York City on Jun 16.(Photo: Justin Lane, European Pressphoto Agency) As misunderstanding continues in Iraq, U.S. consumers are profitable above-average gasoline prices that strike a six-year high Wednesday for Jun 18 and are expected to sojourn adult this summer, according to a AAA. While gasoline prices […]

Pipeline Go-Ahead Raises Risks for Canada’s Conservatives

Pipeline Go-Ahead Raises Risks for Canada’s Conservatives

Its preference to approve expansion of a argumentative Northern Gateway oil tube could cost Canada’s ruling Conservatives vicious support in British Columbia, where they will need a clever display in a 2015 choosing to secure another infancy in Parliament. Prime Minister Stephen Harper’s Conservatives have lots to remove in a Pacific Coast province, where they […]

Markets on acceleration watch after dovish Fed

Markets on acceleration watch after dovish Fed

The Fed nudged adult projections for brief tenure rates in 2015 and 2016, and somewhat cut their opinion for seductiveness rates in a longer term. The Fed also embellished another $10 billion in monthly bond purchases, holding it to $35 billion a month. It also pared behind a GDP foresee for 2014 to 2.1 to […]

Stocks Rally After Yellen Gives Upbeat Outlook

Stocks Rally After Yellen Gives Upbeat Outlook

The SP 500 climbed to a uninformed record while a batch market’s fear sign fell to a lowest turn in 7 years, as investors took comfort from a Federal Reserve’s upbeat mercantile opinion and joining to low rates. Fund managers pronounced they were reassured by Fed Chairwoman Janet Yellen‘s comparatively upbeat comment of a economy […]

Tokyo bonds tighten adult 0.93pc, Nikkei 225 index climbed 139.83 points

Tokyo bonds tighten adult 0.93pc, Nikkei 225 index climbed 139.83 points

Posted by Parvez Jabri 65 TOKYO: Tokyo bonds sealed adult 0.93 percent on Wednesday with a stronger dollar ancillary exporters, as investors wait for a US Federal Reserve to hang adult a process assembly after in a day. The benchmark Nikkei 225 index climbed 139.83 points to finish 15,115.80 and a Topix index of all […]

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