Business News
ABJ - November 14 - Lowe’s Companies, Inc., the world’s second largest home improvement retailer, reported net earnings of $225 million for the quarter ending October 28, a 44.3 per cent decline from the same period a year ago. Diluted earnings per share decreased 37.9 ...
ABJ - November 11 - U.S. Commerce Secretary John Bryson and Michael Ducker, FedEx Executive Vice-President and COO, have announced a new effort, known as the Global Buyers Initiative (GBI), designed to help U.S. small- and medium-sized businesses reach more markets and sell more products ...
ABJ - November 10 - Kohl's Corporation has reported results for the fiscal period ending October 29. Kohl's Corporation reported third quarter diluted earnings per share increased 40 per cent to 80 cents. Net income for the quarter increased 20 per cent ...
ABJ - November 9 - General Motors Co. has announced third quarter net income attributable to common stockholders of $1.7 billion, or $1.03 per fully-diluted share. In the third quarter of 2010, GM’s net income attributable to common stockholders was higher at $2 billion, or ...
ABJ - November 8 - Nonfarm business sector labor productivity increased at a 3.1 per cent annual rate during the third quarter of 2011, the U.S. Bureau of Labor Statistics reports, with output and hours worked rising 3.8 per cent and 0.6 per cent, respectively. ...
ABJ - November 7 - Nonfarm payroll employment continued to trend up in October (+80,000), while the unemployment rate was little changed at nine per cent, according to a report by the U.S. Bureau of Labor Statistics. Employment in the private sector ...
ABJ - October 27 - “Exxon Mobil’s results for the third quarter of 2011 reflect a continued commitment to operational integrity, disciplined investing and superior project execution,” Rex Tillerson, Chairman of Exxon Mobil, said in a statement. Third quarter earnings of $10.3 ...
ABJ - October 25 - John Bryson has been sworn as the United States’ 37th Commerce Secretary. Secretary Bryson will be a key member of President Barack Obama’s economic team and will work to implement the administration’s top economic priority: accelerating job creation. Bryson will ...
ABJ - October 24 - Continued improvement in demand, a company-wide focus on effectively managing the ramp-up through the Caterpillar Production System, and focused cost management drove third quarter sales and revenues and profit for Caterpillar Inc. The company has reported third quarter 2011 profit ...
ABJ - October 21 - General Electric (GE) has announced third quarter 2011 operating earnings of $3.4 billion, or 31 cents a share, up 11 per cent, from the third quarter of 2010. During the quarter, GE gave notice of redemption for ...