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Old Navy keeps Gap Inc. afloat

Gap Inc. reported an 8% increase in total sales for its fourth quarter of 2017 while its same-store sales beat…

Sky, Netflix fire viewers’ imagination with all-in-one bundle pack

Television buffs in Europe couldn’t have asked for more! On the heels of Comcast’s surprise offer to buy the majority…

Dick’s Sporting Goods vows stringent curbs on firearm sale

Even as the need for proper legislation to control gun sales is vehemently debated on various forums, one more firm…

American Outdoor Brands Corp. Q3 2018 earnings snapshot

Firearms manufacturer American Outdoor Brands (AOBC) reported a plunge in top and bottom line results for the third quarter of…

Gap Inc. Q4 2017 earnings results

Gap’s sales increased 9% to $4.8 billion in the quarter with US contributing 80% to sales, helped by strong holiday…

Loss-making Spotify looks for a turnaround through IPO

It is a rarity in the financial markets that a company goes public after it climbs the growth ladder high…

PSA Group scales new heights even as Opel falls

  When PSA Group bought Opel from General Motors, it wasn’t expected by the maker of Peugeot-maker to swipe a…

Celgene’s potential blockbuster drug filing fails to pass the muster with the FDA

U.S. Food and Drug Administration (FDA) has sent a “Refuse to file” letter to Celgene with regards to the New…

Best Buy plans to shut US mobile stores despite strong overall results

Consumer electronics retailer Best Buy Co. Inc., announced its plan to close all its mobile standalone stores in the U.S.…

Economic growth slowed quicker than estimated in Q4

Latest data released by the Commerce Department showed that GDP growth decelerated at a slightly higher pace in the fourth…