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Tag Archives: business

HP Board Revamp Gives CEO Chance to Shake Off Troubles

*from www.bloomberg.com, April 5, 2013 (To view original article click here.) Take Away #1: Hewlett-Packard Co.’s board shakeup, including Ray Lane’s exit as chairman, gives CEO Meg Whitman a clearer path to revive growth. Key Facts and...

Lululemon Product Chief to Step Down After Pants Recall

*from www.bloomberg.com, April 4, 2013 (To view original article click here.) Take Away #1: Lululemon Atheletica Inc. (LULU), the yoga-wear maker that last month recalled shipments of women’s pants for being too sheer, said Chief Product...

Biogen Gains U.S. Approval to Sell Its First Pill for MS

*from www.bloomberg.com, Mar. 28, 2013 (To view original article click here.) Take Away #1: Biogen Idec Inc., the fourth largest U.S. biotech company by market value, rose to a record after it won U.S. approval for its first pill for multiple...

BlackBerry’s U.S. Debut Marks Biggest Test of Comeback

*from www.bloomberg.com, Mar. 22, 2013 (To view original article click here.) Take Away #1: BlackBerry (BBRY)’s new Z10 smartphone goes on sale in the U.S. today, almost two months after its debut in other countries. Key Facts and Figures: CEO...

U.S. Stocks Fall Amid Europe Concern as Oracle Tumbles

*from www.bloomberg.com, Mar. 21, 2013 (To view original article click here.) Take Away #1: U.S. stocks fell as concern about Europe’s debt crisis overshadowed better-than-estimated American Economic Data. Key Facts and Figures: The S&P...

Biggest Solar Collapse in China Imperils $1.28 Billion

*from www.bloomberg.com, Mar. 21, 2013 (To view original article click here.) Take Away #1: Investors stand to lose most of the $1.28 billion they put into Suntech Power Holdings Co. (STP) after the solar manufacturer said it wouldn’t resist...

Oracle Tumbles as Sales and Profit Miss Amid Cloud Competition

*from www.bloomberg.com, Mar. 21, 2013 (To view original article click here.) Take Away #1: Oracle Corp. (ORCL) shares fell the most since 2011 after the company reported sales and profit that missed analyst’s estimates. Key Facts and Figures: Fiscal...

eBay Overhauls Seller Fees to Lure Merchants From Amazon

*from www.bloomberg.com, Mar. 19, 2013 (To view original article click here.) Take Away #1: eBay Inc. (EBAY) is overhauling fees for sellers for the first time since 2010, to reduce costs and make pricing simpler. Key Facts and Figures: Fees...

Wells Fargo Should Have Failed the Stress Test

*from www.money.cnn.com, Mar. 19, 2013 (To view original article click here.) Take Away #1: Shortly after the Federal Reserve released the results of its recent stress test, Wells Fargo themselves said it had no idea how the Fed came up with...

Foreign Worker Hoopla Forces McDonald’s Franchisee Out

*from www.money.cnn.com, Mar. 14, 2013 (To view original article click here.) Take Away #1: McDonalds has cut ties with a Pennsylvania franchisee in a controversy over a temporary work program that employed foreign students. Key Facts and...