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CEO Skinner to Retire; Thompson Is His Successor: McDonald
McDonald’s Corp. (MCD) Chief Executive Officer Jim Skinner is retiring after almost eight years running the world’s…
Amended Deal to Sell NPC Egypt For $ 147.5 mln
Golden Crescent Investments Ltd. (Golden Crescent), one of the Citadel Capital (CCAP)’s Opportunity-Specific Fund,…
Inditex Profit Surged on Asian Expansion
Inditex SA (ITX.MC), the owner of fast-fashion pioneer Zara, Wednesday reported a rise in 2011 net profit as sales…
Apple Sets First Dividend in 17 Years, $10 Bln Share Buy-back
Apple Inc will start paying a regular quarterly dividend of $2.65 a share in July and buy back up to $10 billion of…
Apple Seen Paying Some of $97.6 Billion in Cash as Dividend
Apple Inc. (AAPL), which plans to discuss its $97.6 billion in cash and investments in a conference call today, is…
Dunkin’ Brands to launch Secondary Offering
Dunkin' Brands Group Inc. (DNKN) said late Friday it plans to sell 22 million shares in a secondary offering.…
Apple’s Shares reach $600
Shares of Apple reached $600 for the first time on Thursday, setting yet another milestone for the stock market's…
Lufthansa warns of Lower Profits amid Debt Crisis
German airline Deutsche Lufthansa AG on Thursday warned of lower profits this year due to high fuel prices and…
China Mobile Profits rise in 2011
Profits at China Mobile, the world's largest mobile operator by subscribers, have risen by 5% as its customers…
Tesco UK CEO to quit amid Profit Warning
Tesco PLC (TSCO.LN) Thursday confirmed that Richard Brasher, chief executive of its U.K. operations, will step down…