Target Corp shareholders dealt a blow to activist investor William Ackman on Thursday 28 May, rejecting his slate of proposed directors and voting instead to keep four incumbents on the retailer's board.
Japan's Fast Retailing said same-store sales at its casual-clothing stores chain Uniqlo and cut-price chain g.u. rose in April, with analysts expecting the company to comfortably meet its full-year forecasts.
Cosmetics maker Bare Escentuals Inc posted a higher-than-expected quarterly profit, as lower cost of goods sold and a shift to higher margin products offset a fall in sales amid a tough economic environment.
British lingerie group Agent Provocateur demonstrated on March 23 that they are, for the moment at least, impervious to the recession with a growth of 8% in sales since March 2008 according to the director general.
SAC Capital Advisors LLC, the hedge fund firm run by billionaire trader Steve Cohen, slashed holdings in a number of retailers and small pharmaceutical companies at the end of last year, recent regulatory filings show.
The iconic black and white keffiyeh, or Arab headdress, famously donned by late Palestinian president Yasser Arafat has hit the streets of Beirut in a rainbow of colours -- much to the chagrin of older Palestinians.