by | Oct 12, 2010 | Towing
Avon Products Inc. (AVP) gained in trading on the Germany stock market after British newspaper The Daily Mail said L’Oreal SA (LRLCY) may bid for the company.
Avon’s German-traded shares advanced 6.2% from the Oct. 11 closing price in New York to $35.22 at 12:59pm in Frankfurt, Bloomberg News said.
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That would give the company, which is based in New York, a market value of $15.1…
Continue reading Avon Rises in German Trading on Reports of L’Oreal Bid
Avon Rises in German Trading on Reports of L’Oreal Bid originally appeared on DailyFinance on Tue, 12 Oct 2010 07:44:00.
Filed Under: Company News, Retail, Market News
by | Oct 12, 2010 | Towing
Blockbuster, (BBICP) the movie-rental chain that filed for bankruptcy last month, may have a new CEO by the end of the year.
The company has agreed to hire a headhunter to look for new blood once it emerges from bankruptcy protection, The Wall Street Journal said without naming its sources.
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Some creditors are unhappy with the performance of current CEO Jim Keyes, and want to find…
Continue reading Blockbuster Considers Switching CEO
Blockbuster Considers Switching CEO originally appeared on DailyFinance on Tue, 12 Oct 2010 07:25:00.
Filed Under: Company News, Technology, People, Media, Blockbuster, Credit
by | Oct 12, 2010 | Towing
JPMorgan Chase (JPM) is widening its review of foreclosure documents, CNNMoney said.
The bank is already reviewing 56,000 foreclosure documents in 23 states that need a judge to sign off on a foreclosure. Now, JPMorgan is expanding the review to states that don’t require a judge’s approval, CNNMoney said without naming its sources.
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Banks have come under intense scrutiny as evidence…
Continue reading JPMorgan Chase Expands Foreclosure Review
JPMorgan Chase Expands Foreclosure Review originally appeared on DailyFinance on Tue, 12 Oct 2010 07:15:00.
Filed Under: Company News, Economy, JP Morgan Chase, Real Estate, Credit
by | Oct 12, 2010 | Towing
Pay on Wall Street is on pace to break a record high for a second consecutive year, growing 4% in 2010 at nearly three dozen of the top financial institutions.
Continue reading Wall Street Pay to Hit Record Hig…
by | Oct 12, 2010 | Towing
Gap (GPS) is reinstating its familiar blue box logo, just one week after unveiling a new logo to great fanfare.
The new logo showed the word “Gap” on a white background with a small blue box jutting out of it. Customers and market players reacted with almost universal contempt.
One commenter on Gap’s Facebook page said the logo looked “like a child made it.”
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Gap insisted the new…
Continue reading Gap Scraps New Logo After Just One Week
Gap Scraps New Logo After Just One Week originally appeared on DailyFinance on Tue, 12 Oct 2010 06:55:00.
Filed Under: Company News, Media, Retail
