The tech giant’s board gave Steve Ballmer high marks for the move into cloud computing and the successful releases of several server and enterprise software products. But his bonus took a hit due to the unsuccessful launch of t…
You know better than to believe everything companies say in ads, but when it comes to claims about the healthfulness of foods and other products, the untruths can reach outrageous levels. The question is: What can a government …
Wal-Mart Stores Inc (WMT) will increase its workforce by 36% in the next five years to take advantage of growing international demand.
The new hires will take the company’s headcount to 3 million, from 2.2 million now, Susan Chambers, executive vice president for human resources, said at a conference in India.
New employees will be hired “mostly” outside the United States, Chambers…
Continue reading Wal-Mart to Increase Workforce by 36% in Five Years
Wal-Mart to Increase Workforce by 36% in Five Years originally appeared on DailyFinance on Thu, 30 Sep 2010 08:39:00.
Filed Under: Company News, People, Wal-Mart Stores
Wal-Mart Stores (WMT) is planning a $4.6 billion offer for South African retailer Massmart.
The deal would value Massmart at 148 rand ($21.10) a share, Bloomberg News said. That’s 9.8% higher than the company’s last closing price.
“We are continuin…
Target Corp. (TGT) is conservative in its expectations of holiday spending this year.
Target’s CEO Gregg Steinhafel said that sluggish consumer spending an ailing economy may weaken holiday purchases, Reuters reported.
Consumer spending has strengthened several times, only to fall back again later, Steinhafel said.
“It’s like a game of whack-a-mole,” Steinhafel said.
Still, Target…
Continue reading Target Conservative in Holiday Season Expectations
Target Conservative in Holiday Season Expectations originally appeared on DailyFinance on Fri, 24 Sep 2010 08:25:00.
Filed Under: Company News, Target Corp, Retail