| Jun 12, 2014
| 5:47 PM
Lululemon Athletica Inc. shares plunged to their lowest level in more than three years after the apparel maker reported lackluster quarterly results and cut its financial forecast amid a public feud between founder Chip Wilson and the company's board....
| Jun 13, 2014
| 8:27 AM
Travel website owner Priceline Group Inc will buy restaurant reservation website operator OpenTable Inc for $2.6 billion, aiming to broaden its offerings in an increasingly competitive online travel industry.
Priceline's offer of $103 per share for the...
| May 26, 2014
| 1:57 PM
Memorial Day is in the rear-view mirror, but here's one more thing to remember:
American chief executives make too darn much money.
I'm not saying that you shouldn't reward a person for a job well done. But many CEOs now pull down so much more than...
| May 15, 2014
| 9:41 AM
When Ginni Rometty addresses restless shareholders today at IBM’s annual investor day, it will be with the practised air of someone used to handling the regular upheavals of the industry.
“This company reinvents itself every decade. It&...
| May 30, 2014
| 10:30 AM
Sounding bullish on the outlook for the "Divergent" franchise, Lionsgate CEO Jon Feltheimer has forecasted that the second film, "Insurgent," should gross between $350 million to $400 million worldwide.
That would represent an increase of $27% to 40%...
| May 4, 2014
| 10:42 AM
Central Florida's largest high-tech players — Lockheed Martin Corp. and Harris Corp. — have a big chunk of their revenue prospects hitched to the often controversial, sometimes uneven flight path of the F-35 Joint Strike Fighter.
| Apr 23, 2014
| 10:40 AM
Boosted by strong sales in its first financial quarter, Boeing Co. beat analysts’ estimates largely due to an increased production rate of commercial jetliners.
The Chicago aerospace giant reported a profit of $965 million, or $1.28 a share. That&...
| Feb 20, 2014
| 7:57 AM
If Wal-Mart Stores Inc.'s fiscal fourth-quarter earnings were any indication, the economy could use some shaping up.
The Bentonville, Ark., giant, the largest retailer in the world, said its profit for the three-month period ended Jan. 31, plunged 21%...
| Mar 5, 2014
| 12:17 PM
Thanks to declining fuel prices, the nation's airlines reported healthy profits in 2013 and can expect a record number of passengers on international flights this spring.
That was the message Wednesday from Airlines for America, the trade group for...
| Feb 11, 2014
| 12:33 PM
CVS Caremark Corp.'s shares climbed Tuesday after the drugstore chain raised its profit estimate for the first three months of the year and reassured investors that it could withstand its decision to stop selling tobacco products.
The nation's second-...
| Apr 4, 2014
| 6:13 AM
WASHINGTON -- The U.S. economy added a fairly solid number of new jobs in March as employers reverted to their average pace of hiring after the unusually harsh winter weather.
The Labor Department said Friday that the economy created a net 192,000 new...