PORTLAND, Maine - The number of single-family Maine homes that changed hands in October rose more than 26 percent from the same month in 2013.
The euro-area economy risks a renewed slowdown. A Purchasing Managers Index for factories and services activity unexpectedly fell to 51.4 in November, the lowest in 16 months, from 52.1 in October, London-based Markit Economics said today.
Gap Inc. issued a full-year profit outlook Thursday that was below Wall Street expectations and announced new management changes at its Gap and Banana Republic brands.
Hertz Global Holdings Inc. (HTZ) named John Tague as its new chief executive officer, spurning the former CEO of Dollar Thrifty, who had been a favorite among some of the car-rental company's largest investors.
GameStop Corp. (GME:US), the largest video-game specialty retailer, fell as much as 13 percent after third-quarter results fell short of analysts' estimates and the company forecast disappointing holiday profit.