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Report: Shake Shack picks JPMorgan, Morgan Stanley to lead IPO

Thu, 08/21/2014 - 8:40am
Shake Shack, the fast-food restaurant chain that has developed a cult following for its 'Shackburgers', 'flat-top' hot dogs and eponymous shakes, has selected JPMorgan Chase & Co (NYSE:JPM) and Morgan Stanley (NYSE:MS) to lead a proposed initial public offering, according to people familiar with the matter.
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U.S. jobless claims fall, continued claims at 7-year low

Thu, 08/21/2014 - 8:30am
The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to a sustained improvement in labor market conditions.
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Buckle posts profit of $24.5 million in 2nd quarter

Thu, 08/21/2014 - 8:30am
Buckle Inc. (BKE) on Thursday reported profit of $24.5 million in its fiscal second quarter.
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Actor Matthew McConaughey is Lincoln's new pitchman

Thu, 08/21/2014 - 8:29am
Oscar-winning actor Matthew McConaughey is the new spokesman for Ford's luxury Lincoln brand.
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Sears posts loss for 9th straight qtr as sales fall again

Thu, 08/21/2014 - 8:26am
Sears Holdings Corp (NASDAQ:SHLD), owner of Sears department stores and the Kmart discount chain, reported its ninth straight quarterly loss as sales continued to shrink, sending its shares down 5 percent in light premarket trading.
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US home sales pace likely slowed in July from previous month

Thu, 08/21/2014 - 8:23am
The National Association of Realtors reports on sales of existing homes in July.
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Family Dollar spurns Dollar General takeover bid on antitrust issues, backs Dollar Tree deal

Thu, 08/21/2014 - 8:22am
Family Dollar is rebuffing Dollar General's takeover bid, citing antitrust issues.
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Family Dollar Rejects Dollar General Proposal

Thu, 08/21/2014 - 8:04am
Family Dollar's board rejected a merger proposal from rival discount chain Dollar General, citing antitrust regulatory considerations
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Dollar tree profit falls 2.6 pct

Thu, 08/21/2014 - 8:00am
Dollar Tree Inc reported a 2.6 percent fall in quarterly profit as costs increased.
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Bon-Ton Stores Shares Drop After Disappointing Q2 Results, Outlook

Thu, 08/21/2014 - 7:55am
Shares of Bon-Ton Stores slumped 7.7% after the apparel retailer cut its full-year profit outlook following a wider-than-expected fiscal second-quarter loss.
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Dollar Tree posts profit of $121.5 million in 2nd quarter

Thu, 08/21/2014 - 7:50am
Dollar Tree Inc. (DLTR) on Thursday reported net income of $121.5 million in its fiscal second quarter.
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Dollar Tree Sales Top Estimates, Sticks With Q3 Guidance

Thu, 08/21/2014 - 7:44am
Dollar Tree Inc. said Thursday it had net profit of $121.5 million, or 59 cents a share, in the second quarter, down from $124.7 million, or 56 cents a share, in the same period a year ago.
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Hormel posts profit of $138 million in 3rd quarter

Thu, 08/21/2014 - 7:30am
Hormel Foods Corp. (HRL) on Thursday reported fiscal third-quarter earnings of $138 million, or 51 cents per share.
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Sears 2nd-quarter loss widens as retailer continues to deal with sluggish sales

Thu, 08/21/2014 - 6:37am
Sears said Thursday that its second-quarter loss widened as it continues to deal with weak sales.
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Survey of business activity shows eurozone economy growing slowly after stalling in Q2

Thu, 08/21/2014 - 5:53am
A survey of business activity indicates the economy in the 18-country eurozone slowed but still grew modestly in August.
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Bank of America settlement expected to be a record $17 billion, but true cost likely lower

Thu, 08/21/2014 - 3:12am
Bank of America's purchase of Countrywide Financial has cost it tens of billions of dollars over the past six years.
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California drought hurts honey production, leaves fewer crops and wildflowers for honeybees

Thu, 08/21/2014 - 2:35am
California's record drought hasn't been sweet to honeybees, and it's creating a sticky situation for beekeepers and honey buyers.
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Germany Seeks To Overturn China Death Penalty

Thu, 08/21/2014 - 12:21am
Germany said it would fight a death sentence against one of its citizens convicted for murder in China, reports said Wednesday.
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China Offers Workers Comp For Grocery Shopping

Thu, 08/21/2014 - 12:11am
China's Supreme Court ruled Wednesday that employees injured on their way to do grocery shopping after work could receive workers' compensation, a report said.
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Brazil expands domestic workers' rights, bringing labor protections to long-excluded group

Thu, 08/21/2014 - 12:01am
Nivea dos Santos got her first job as a live-in maid at age 12, dusting, vacuuming, ironing and polishing the silver of a wealthy Rio de Janeiro family from dawn until she'd fall, exhausted, into bed.
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