| 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....
| 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 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 14, 2014
| 2:30 AM
Nexon, the Japanese-based online free-to-play games leader, beat profit expectations in the first quarter of its new financial year.
Revenues grew by 7% to JPY47.5 billion ($466 million) and net profits grew by the same figure to JPY16.1 billion ($158...
| 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 20, 2014
| 1:18 PM
Home Depot said Tuesday that its first-quarter earnings climbed by more than 12%, but the home-improvement chain still missed expectations, blaming a brutal winter season that ate into spring sales.
For the three months ended May 4, the company reported...
| 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.
| May 5, 2014
| 3:20 PM
Target Corp's decision to oust Gregg Steinhafel as chairman and chief executive some five months after a massive data breach has triggered concerns the No. 3 U.S. retailer might have even more bad news for investors.
The board of directors removed...
| May 6, 2014
| 5:27 AM
Hillshire Brands Inc. posted a much higher than expected quarterly profit on Tuesday, helped by strong sales of items such as Jimmy Dean Delights breakfast sandwiches.
Adjusted profit jumped nearly 35 percent to $97 million, or 46 cents per share, in...
| May 6, 2014
| 6:30 AM
Discovery Communications said first-quarter net income was essentially flat despite a 22% increase in revenue as costs associated with assembling businesses overseas weighed on the company's bottom line.
The Silver Spring, Md., owner of the TLC,...
| May 6, 2014
| 4:30 PM
Add Bob Iger to the list of high-ranking Hollywood executives who still see the film industry as a growing business for their media companies.
"We actually see growth in the motion pictures business," said the Walt Disney Co. chairman and CEO during a...