by | Oct 28, 2010 | Towing
Walmart Stores (WMT) may change its plans to buy South African retailer Massmart, choosing instead to take a majority stake in the company.
This would allow Massmart to maintain its listing on the Johannesburg Stock Exchange, The Wall Street Journal reported.
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Walmart is now weighing up the option of buying a stake in Massmart greater than 50% of the company. The price would remain…
Continue reading Walmart Considers Scaling Back Massmart Plans
Walmart Considers Scaling Back Massmart Plans originally appeared on DailyFinance on Thu, 28 Oct 2010 06:44:00.
Filed Under: Company News, Wal-Mart Stores, Retail, Stocks in the News
by | Oct 27, 2010 | Towing
A district court has ruled that if North Carolina wants to collect sales taxes, it can ask Amazon for the information it needs, but no more. By asking for detailed info about residents’ purchases, the court said the state went …
by | Oct 27, 2010 | Towing
Of course, retailers need to fight for every dollar. But the tactics they use to get customers to spend extra are clearly wearing thin. Our readers griped about nearly 350 sneaky ways stores aggravate them, especially when it c…
by | Oct 27, 2010 | Towing
Sprint-Nextel Corp (S) reported a loss of 30 cents per share for the third quarter, compared with a loss of 17 cents per share in 2009.
Revenues rose 1% to $8.2 billion, the company said in a statement.
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The increased loss was partly due to the company subsidizing customer upgrades to phones capable of working on its new network.
Sprint had “elevated subsidy levels as part of the…
Continue reading Sprint-Nextel Loss Grows to 30 Cents Per Share
Sprint-Nextel Loss Grows to 30 Cents Per Share originally appeared on DailyFinance on Wed, 27 Oct 2010 08:12:00.
Filed Under: Company News, Technology, Earnings, Media, Sprint Nextel Corp, Retail
by | Oct 27, 2010 | Towing
Volkswagen (VLKAY) CEO Martin Winterkorn said the company is on track to overtake Toyota Motor (TM) as the world’s largest automaker.
The German company beat Toyota’s full-year profit goal in the first nine months.
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“The Volkswagen group continues to have its sights firmly set on capturing pole position in the automotive industry,” Winterkorn said in an e-mailed statement, according…
Continue reading Volkswagen on Track to Overtake Toyota, CEO Says
Volkswagen on Track to Overtake Toyota, CEO Says originally appeared on DailyFinance on Wed, 27 Oct 2010 07:34:00.
Filed Under: Company News, Technology, Earnings, Toyota, Autos, Retail
