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Companies and Corporations

A collection of news and information related to Companies and Corporations published by this site and its partners.

Top Companies and Corporations Articles

Displaying items 23-33
  • Darden Restaurants CEO Clarence Otis to resign

    Darden Restaurants CEO Clarence Otis to resign
    After two straight years of declining profits and mounting pressure from investors, embattled Darden Restaurants Chief Executive Officer Clarence Otis on Monday announced plans to resign by the end of this year. Otis is stepping aside at a tumultuous...
  • Herbalife stock plunges after earnings miss estimates

    Herbalife stock plunges after earnings miss estimates
    Los Angeles nutritional products company Herbalife reported a lower-than-expected profit for the second quarter and investors hammered its stock in after-hours trading. Excluding one-time expenses, such as the cost of its aggressive defense against...
  • China brands beat global rivals with tea toothpaste & pickled plums

    SHANGHAI/HONG KONG (Reuters) - With green-tea flavoured toothpaste and pickled plum juice, an army of Chinese retailers is tapping local tastes to whittle away market share from global rivals that are banking their future growth on the world's second-...
  • Zillow to buy Trulia for $3.5 billion

    Zillow to buy Trulia for $3.5 billion
    Zillow Inc. announced plans Monday to acquire Trulia Inc. in a $3.5 billion stock deal that will combine two behemoths in the online home purchase and rental search business. The companies said they will continue to operate as separate sites and...
  • In Ukraine's east, Soviet-style economy withers under onslaught

    DONETSK/KIEV (Reuters) - After pro-Russian rebels took 720 kg of explosives, 360 detonators and almost 1 km of wiring, the Skochinskiy coal mine, an ageing stalwart of the economy in Ukraine's Donbass region, was put out of action. Fierce fighting and...
  • People on the move

    Retail Jeffrey Agid was promoted to store manager at Dolphin Carpet & Tile in Southwest Ranches. Jeanine Dronsick joined Maya Swimwear as sales director in Miami. Dronsick began her career as vice president of production and director of sales for her...
  • Manure-burning power plant in limbo

    Manure-burning power plant in limbo
    The project seemed simple enough — build a waste-to-energy plant on the Eastern Shore fueled by poultry manure, keeping it from flushing into and polluting the bay, while creating green jobs and boosting Maryland's fledgling renewable energy...
  • Aon sees payoff from tax inversion

    Aon sees payoff from tax inversion
    Moving its headquarters across the Atlantic in April 2012 removed Aon from Chicago's corporate elite. It also reduced a hefty corporate tax bill, newly filed documents suggest. The commercial insurance brokerage now based in London shaved its tax rate...
  • Kia negotiating to build $1.5B auto plant in Mexico

     
    Filed under: Plants/Manufacturing, Kia After a string of recent announcements from automakers, Kia may be the next business to break ground on a factory south of the border. The Korean company is reportedly nearly finished with negotiations to build a $1....
  • Time Warner looks at ways to counter 21st Century Fox's buyout bid

    Time Warner looks at ways to counter 21st Century Fox's buyout bid
    Rupert Murdoch's entertainment company, 21st Century Fox, pounced on its prey at an opportune moment. Over lunch in New York in early June, Murdoch's top lieutenant, Chase Carey, told Time Warner Inc. Chief Executive Jeff Bewkes that Fox wanted to buy...
  • UTC Profits Up 8%; Company Raises Earnings-Per-Share Guidance

    Net profits for United Technologies Corp. rose 8 percent in the second quarter, to $1.7 billion, the company reported Tuesday. Sales increased 7 percent, to $17.2 billion, with less than half of the gain from organic growth. The bulk of the increase...