Best Buy to acquire The Carphone Warehouse in $2 billion deal
The Carphone Warehouse Group Plc has agreed to sell 50 percent of its retail interest to US company Best Buy Inc. for $2.1 billion.
Wal-Mart expands low-priced drug program
Wal-Mart Stores Inc. announced yesterday that it has expanded its low-priced drug program.
Avon posts 14 percent rise after strong international sales
Avon, the global beauty company, today reported that first quarter 2008 total revenue grew by 14 percent to $2.5 billion.
Wendy’s sold to billionaire investor Peltz for $2.34 billion
After a lengthy pursuit, Nelson Peltz buys Wendy’s International Inc, the third largest U.S. hamburger chain, in an all-stock takeover.
Coach up on North American sales
Coach Inc., the largest U.S. luxury maker, said Tuesday third-quarter profit rose eight percent after strong sales in the North American market.
Mattel driven to loss by low sales, higher costs
Mattel Inc., the largest U.S. toy company, said Monday that lower sales of its Fisher-Price products, legal expenses and higher costs led to a first-quarter loss.