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Companies and Corporations

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Top Companies and Corporations Articles

Displaying items 67-77
  • Dollar Tree to acquire Family Dollar for $8.5 billion

    Dollar Tree, a Virginia-based company known for selling all of its goods for $1, said Monday morning that it plans to buy Matthews, N.C.-based Family Dollar Stores. The cash-and-stock deal has a value of $8.5 billion, company officials said. It heads off...
  • Dollar Tree/Family Dollar merger could create Wal-Mart rival but hurt consumers

    Dollar Tree/Family Dollar merger could create Wal-Mart rival but hurt consumers
    An $8.5 billion merger creating North America's biggest dollar store chain could mean increased competition for mass discounters such as Wal-Mart Stores Inc. but less choice for shoppers. In the Baltimore area and elsewhere, retail experts said, Dollar...
  • Emails seen as key part of trial over peanut butter deaths

    ATLANTA With a shipping deadline fast approaching, an employee at the Peanut Corporation of America plant in Blakely, Ga., wanted to know what should be done with an order that hadn't been tested for salmonella. The email response from the company's...
  • 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...
  • 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...
  • 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...
  • Amplats to sell strike-hit South African mines

    JOHANNESBURG (Reuters) - World number-one platinum producer Anglo American Platinum is to sell a swathe of its most labor-intensive South African mines after a five-month strike shattered its hopes of ever making them profitable. The mines account for...
  • How CEO Pay Incentives Could Pave the Way for Media Megadeals

    The prospect of 21st Century Fox acquiring Time Warner has Wall Street and Hollywood bracing for a wave of mergers and acquisitions to hit the media sector. Conventional wisdom holds that entertainment conglomerates must bulk up to counter the size of...