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Updated: 5 min 28 sec ago
L Brands Inc. said Thursday that same-store sales for the four weeks ending Nov. 30 fell 5% compared to the year-earlier period.
The Bank of England on Thursday offered no surprises, leaving the size of its bond-buying program unchanged and holding its key lending rate at a record low of 0.5%, where it has stood since March 2009.
Markets in Europe stabilized after a three-day selloff as traders eyed global central bank decisions.
The Office for Budget Responsibility in the U.K. on Thursday more than doubled its growth forecast for the country for 2013, according to media reports.
Jos. A. Bank Clothiers Inc. said in its third-quarter report on Thursday that the acquisition proposal for The Men's Wearhouse Inc. earlier in the year cost approximately $1.2 million in legal and professional expenses.
China's state television accused foreign carmakers of charging domestic customers more for repair costs than in other markets, singling out Audi, Subaru and Jaguar Land Rover Ltd in the latest of a series of programs targeting foreign firms.
European stock markets traded broadly lower at the open on Thursday, with investors remaining on the sidelines ahead of monetary-policy decisions from both the European Central Bank and the Bank of England.
Costco Wholesale Corp. said on Thursday that comparable, total company sales for the four-week period ending Dec. 1 rose 2%, which was below the 3.5% expected from analysts polled by Thomson Reuters.
Moody's Investors Service has lifted its outlook on Spain's government bond rating to stable from negative.
Hong Kong stocks declined at the start of trading Thursday, with losses in the financial group putting the benchmark at risk for a third consecutive fall.
Japanese stocks struggled early Thursday, keying off a weak close for Wall Street on investor concerns about a pullback in monetary stimulus.
Stocks in Australia fell early Thursday, pressured by a drop in the country's currency to a three-month low below 90 U.S. cents, and by losses on Wall Street overnight on concerns about tapering of monetary stimulus.
Moody's Investors Service on Wednesday revised its outlook on Spain's government bond rating to stable from negative, citing a rebalancing of the country's economy.
Disney hiked its annual cash dividend by 15% after recording its best-ever revenue and net income in fiscal 2013.
Aeropostale disappointed shareholders with weaker-than-expected quarterly results and warning fourth-quarter results would badly trail forecasts.
Walt Disney Co. on Wednesday said its board raised the annual cash dividend by 15% to 86 cents a share.
U.S. stocks finished mostly lower on Wednesday after a choppy session, with the S&P 500 and Dow Jones Industrial Average both stretching their losing streaks to four sessions.
The European Union on Wednesday said it has approved Microsoft Corp.'s $7.3 billion plan to acquire Nokia Corp.'s mobile phone business.
McGraw Hill Financial Inc. said on Wednesday its board has authorized the company to buy back up to 50 million shares, or about 18% of its outstanding shares.
Investor Carl Icahn said Wednesday he will make a "precatory proposal," asking Apple Inc. to increase its stock buyback plan.