Campbell Soup Co. said quarterly earnings were hit by lower sales of its high-margin ready-to-serve and condensed eating soups, where higher promotional spending did not produce the planned volume gains.
Greece's international lenders have agreed to provide the debt-ridden country with the third installment of a loan – valued at 9-billion euros -- but warned that the Greeks must make an extra effort to address its deficit next year.
After Google failed to bypass carriers with Nexus One, Apple couldn't resist carrier pressure and folded its plans to weave the SIM card into the hardware in partnership with Gemalto.
Growth of the U.S economy is expected to remain sluggish next year as the nation suffers from high employment, high public debt, and rising commodity prices, says a report.
The need to buy gifts may overwhelm the influence of purchase pain on spending decisions.
As Ireland appears to be on the verge of resolving its debt crisis, the focus may now shift to yet another fiscally-troubled peripheral euro nation, Portugal.
The battle for the Christmas shopping pie has hardened between retail behemoths and online shopping firms, with most retailers coming up with shopper-friendly offers to lure holiday customers.
Retail sales in October picked up pace, and brightened the outlook for year-end shopping as purchases rose 1.2%, the highest in the last seven months.
As “Black Friday” approaches next week, U. S. retailers are expecting a strong holiday season – at least, compared to the dismal performance of the past two years.
A recent study has put Russia ahead of its Western Europe counterparts as a hot MBA recruitment destination. Retaining the momentum in hiring for the second year, it has shown a steady 22 per cent growth in MBAs recruited, according to QS TopMBA Jobs Index.
Cardinal Health Inc. announced its acquisition of privately-held drug distributor Kinray Inc. for $1.3 billion in cash to expand its presence in community pharmacy.
Staples Inc., the world's largest office products company, reported 7 percent rise in quarterly profit, which also came in above market estimates, as it managed to keep a lid on its costs.
Retail sales in the U.K. rose by 0.5 percent for the first time in three months during October, according to a report by the Office for National Statistics.
Futures on the S&P 500 gained 11.80 points to 1,189.30, futures on the Dow Jones Industrial Average are up 87.00 points to 11,082.00 and Nasdaq100 futures are up 25.50 points to 2,122.50.
The Chevrolet Volt electric car is the Automobile Magazine's 2011 Automobile of the Year. The award will be presented to Joel Ewanick, GM U.S. Marketing Vice President, on Wednesday at the Los Angeles International Auto Show.
OnLive, a video game streaming company, will begin selling its small gaming console on Thursday for a promotional price of $99.
Stocks finished mixed in choppy trading, after four days of losses, as investors become worried that Ireland will likely receive a huge bailout to clean up its banking system and repay its debt.
The web retailer has decided to open a movie studio aimed at attracting aspiring filmmakers.
More than 400 Fashion Bug stores will be open Nov. 25, 2010 on Thanksgiving Day between 8 am and 3 pm. Fashion Bug will open all of its stores at 6 am on Black Friday, November 26, 2010 for the first time ever with doorbuster deals and storewide sales on every item.
Target Corp, the No.2 discount chain in U.S. behind Walmart, reported 23 percent rise in its quarterly profit as the retailer's attractive discount schemes have drawn more shoppers to its stores.
Walmart will host first nationwide food drive at all its stores, seek the help of facebook fans in selecting communities to receive $1.5 million in grants, donate 65 refrigerator food trucks to Feeding America network of food banks and help the Salvation Army to provide meals with a $1 million donation.
U.S. industrial output remained unchanged in October, following a drop for the first time in September since the recession ended in June 2009, the Federal Reserve data showed on Tuesday.
