On Wednesday, JustFab and ShoeDazzle announced merger in an effort to make a bigger and faster growing online retail company.
Firm Management
Store revamps cause sales to drop in Bain Capital's South African retailer
Edcon Holdings, a clothing retailer owned by Bain Capital Partners, suffered sales losses because of its remodeling operations.
Oman Development Bank looks into opening of Islamic window
Oman Development Bank said it would consider opening an Islamic window to provide financial services to small and medium-sized companies.
HP shuffles key executives after third quarter earnings plummet
HP shuffled its key executives as CEO Meg Whitman hoped to post a revenue growth in 2014. On Wednesday, Hewlett-Packard Co rearranged its executives, reappointing a star official to a new role that would identify possible acquisitions.
Life Technologies board approves merger with Thermo Fisher
Life Technologies Corp members of the board approved through voting the company's merger with Thermo Fisher Scientific.
Latest News
Activist investor William Ackman admitted that he made mistakes on all three retailers that included J.C. Penney, Target and Borders Group.
Hewlett-Packard CEO Meg Whitman appointed several new people on board the computer manufacturer as further deterioration of HP's PC division dissatisfied investors.
After Everbright Securities Co. made erroneous buy orders of CNY23.4 billion last August 16, the state-backed firm suspended the head of its proprietary trading division.
Vodacom Tanzania announced plans for network expansion with TZS 200 billion investment. South Africa's Vodacom in Tanzania announced its plans to develop and grow in the country within the year.
Goldman Sachs made an options malfunction yesterday that signaled perils of electronic markets still remain despite efforts to make electronic conditions better.
Vestas Wind Systems replaced its current CEO Ditley Engel with Anders Runevad who would start his duties on September 1.
The Royal Bank of Canada Global Asset Management unit named Mayur Nallamala as its new Asian equities head.
Hong Kong Exchanges and Clearing Ltd announced London Metal Exchange Executive Martin Pratt as new CEO.
JPMorgan Chase had identified possible candidates for new directors of the bank's board . JPMorgan Chase & Co is near to identifying the company's two newest directors, according to Reuters' source.
