Tiffany & Co. the well known upmarket jeweller for the second time improved the forecast for its full-year profit after it experienced a better than expected increase in the company's quarterly profit. The rise is mainly attributed to the sturdy rate of sales and the growing prices for its swanky jewellery in Americas' which are its prime markets.
Weyerhaeuser, the forest products company is surely one among the major companies of the Pacific Northwest and has been there for more than 110 years. It now plans to shift base and relocate its headquarters along with 800 of its employees to Seattle from Federal Way.
The move is expected to take place in 2016 on completion of a new building construction at 200 Occidental Ave. S.
In the recent years China has made arrangements to make its privacy laws stricter. The country amended its criminal policy to forbid the transfer, sale or gathering of information of any Chinese citizens by the government firms and companies who are involved in telecom business, education transportation and medical treatment, in 2009.
On Thursday the shares of sports equipment maker Adidas AG fell following the cut of its 2014 outlook and postponement of the targets of 2015.
World Cup sponsor cited the reasons of its actions as the growing risks surrounding Russia and testing times at its golf business.
EBay Inc. the online retailer on Wednesday posted a 13% growth in its quarterly income which was possible mainly due to the better-than-expected results which came from its quickly growing PayPal division. The good results from Pay Pal helped EBay to overcome growing competition from rival Amazon. com Inc. along with a recently exposed cyber attack which revealed the data of customer.
Software giant Microsoft has revealed in a recent announcement that it has efforts underway to roll new features for its latest-generation gaming console, Xbox One, in dashboard updates.
In an official announcement made on Thursday, bigwig automaker Ford Motor said that the company's CEO, Alan R. Mulally, would retire July 1, 2014. Mulally's retirement, which was expected this year, would end the executive's spectacular stint as the CEO since joining Ford in 2006, when the automaker was struggling for survival.
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