The return of A.G. Lafley as Procter & Gamble's chief executive was welcomed by the stock market as P&G shares jumped nearly 4 per cent on Friday, while the company said he would be paid $2m a year.
Fri May 24, 2013 11:03am EDT. By Phil Wahba. May 24 (Reuters) - Abercrombie & Fitch Co on Friday reported a steeper-than-expected drop in first-quarter comparable sales, blaming inventory shortages, and slashed its profit forecast, sending the teen ...
By Jessica Dye. Thu May 23, 2013 1:30pm EDT. (Reuters) - A group of U.S. retailers, including Macy's Inc. (M.N) and Target Corp.
WASHINGTON�The number of U.S. workers seeking new unemployment benefits fell last week by more than expected, another sign of slow improvement in the labor market.
Bonds of Sears Holdings Corp. (SHLD) plunged to less than par after the retailer controlled by hedge-fund manager Edward Lampert reported a $279 million first-quarter loss.