PLEASANTON (AP) - Discount clothing retailer Ross Stores Inc. said Thursday that a key revenue indicator climbed 6 percent in December and raised its fiscal fourth-quarter earnings guidance, sending the company's shares higher. The rise in revenue at stores open at least a year was about double what the company and Wall Street expected. The company expected growth of 2 to 3 ...
Top-selling cars and trucks in the US in 2012
NEW YORK (AP) - TJX Cos. is hoping to stand out with a different twist on customer service. The Framingham, Mass.-based company, is launching its first-ever holiday gift hotline for its TJ Maxx and Marshall stores. The hotline will kick off on Dec. 3 and be live for four days until Dec. 6. A panel of 14 experts, who were selected not only for their fashion expertise but also for being fans of the brand, ...
PLANO, Texas (AP) - J.C. Penney Mike Ullman seems confident the slumping retailer will bounce back during the holiday shopping season. Ullman showed his faith by buying 112,000 shares at $8.95 apiece at the end of last week. The $1 million investment disclosed Monday comes as Ullman tries to snap Penney out of a funk that has seen the Plano, Texas, company lose more than $2.4 billion since late 2011. The financial misery prompted Penny ...
WASHINGTON (AP) - The Food and Drug Administration is lifting severe safety restrictions on the former blockbuster diabetes pill Avandia, citing recent data suggesting that the much-debated medication does not increase the risk of heart attack.
WASHINGTON (AP) - The Obama administration said Friday it will lose $139 million on a loan to struggling electric car maker Fisker Automotive Inc. after selling part of the loan to a private investor that immediately took the company into bankruptcy.
NEW YORK (AP) - J.C. Penney is getting booted from the Standard & Poor's 500 index after losing more than half of its market value this year.
NEW YORK (AP) - Target Corp.'s third-quarter profit dropped 47 percent, stung by a double whammy: a pullback from U.S. shoppers and costs related to its expansion into Canada
NEW YORK (AP) - Technology experts say healing what ails the Healthcare.gov website will be a tougher task than the Obama administration acknowledges.
Jury orders Samsung to pay Apple $290 million