Lululemon Althletica Inc. announced the reduction of its annual profit forecast after the delays in getting new apparel limited its sales.
Corporations
Walt Disney Co. plans stock buyback starting next year
Walt Disney Co. announced its plans to buy back around USD6 billion to USD8 million stock starting 2014.
Shoppers Drug Mart sharheolders vote in favor of Loblaw bid
Shoppers Drug Mart's shareholders had cast an overwhelming vote in favor of Loblaw Co's buyout bid.
PE firms take stake in The Coffee Bean & Tea Leaf
Private equity firms including Advent International and CDIB Capital agreed to buy a large stake in coffee and tea retailer, The Coffee Bean & Tea Leaf without disclosing the financial terms of the transaction.
Twitter files for IPO
Twitter Inc. filed an initial public offering with the US regulators on Thursday as it took steps to take the company public.
Latest News
The deal where America Movil bids for KPN Foundation is unclear. KPN, the Dutch telecommunications company, is in discussion with America Movil of Mexico as to Movil's EUR7.
Dunkin' Donuts exited the UK in the 1990's because of a lack of variety, an issue that is clearly addressed with its return to new agreements in the UK.
Rogers Communications had gone overseas in search of a new CEO to replace Nadir Mohamed who would step down from office on December 2.
According to a regulatory filing with the Hong Kong Stock Exchange, Beijing Enterprises Water Group Ltd. would acquire nine water and sewage treatment projects in China.
Tax avoidance systems in EU member countries are to be investigated by EU. An investigation is to be conducted by the European Union on Ireland, Luxembourg and the Netherlands for allegations these countries gave multinationals favorable tax deals over and above the EU's anti-competition rules.
NetMediaEurope acquired online technology news outlet B!T as it expands its international portfolio across Europe.
TradeKing Group Inc. announced receiving an approval from FINRA for its acquisition of GAIN Securities Inc. assets.
The sale of three Edition-branded properties are nearing completion according to Marriott CEO Arne Sorenson.
The standoff on the M&A deals in the mining sector has tested the patience and skills of bankers. The standoff between buyers and sellers in the mining sector has put the skills and patience of bankers to the test.
