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Target cuts profit estimate as data breach costs rise

Target Corp. cut its second-quarter earnings estimate due to a significant rise in costs related to a data breach last year and higher promotions and discounts to lure customers in North...

Posted on 8-05-2014 at 9:16 AM

Coach revenue beats estimates on higher international sales

Coach Inc, known for its Poppy handbags, reported better-than-expected quarterly revenue and profit, helped by higher sales in international markets such as China.

Posted on 8-05-2014 at 8:17 AM

McDonald's says China food scandal hurting regional results

McDonald's Corp said its business has been hurt by China's latest food scare that forced restaurants in the region to temporarily pull meat items from menus.

Posted on 8-05-2014 at 7:54 AM
GM unit gets subpoena over subprime auto loans

GM unit gets subpoena over subprime auto loans

The U.S. government is investigating General Motors Co's auto financing arm over subprime auto loans it made and securitized since 2007, the company disclosed on Monday.

Posted on 8-05-2014 at 7:44 AM

PetroChina to seal takeover of Athabasca oil sands project by September

State oil giant PetroChina plans to pay the more than $1-billion it needs to complete a takeover of the Dover oil sands project from Canadian firm Athabasca Oil Corp. by the end of...

Posted on 8-05-2014 at 7:23 AM

BlackBerry closes chapter on restructuring process: Chen

BlackBerry Ltd. has concluded a protracted and painful restructuring process and is back on a growth footing, according to an internal memo to all its employees viewed by Reuters.

Posted on 8-05-2014 at 7:14 AM

Buy, sell or hold? Enbridge versus TransCanada

Steven Paget, Director of Institutional Research, FirstEnergy Capital joins BNN to break down Enbridge's earnings beat, and explain his 'outperform' rating.

Posted on 8-02-2014 at 11:40 AM

Profit jumps to record $6.4B at Warren Buffett’s Berkshire Hathaway

Warren Buffett’s Berkshire Hathaway Inc. said second-quarter profit rose 41 percent to a record on investments, including a gain tied to the exit of most of his stake in the former...

Posted on 8-02-2014 at 2:44 AM

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