Finance

09/03/2014 - 5:33pm

Wet Seal Chairperson Lynda Davey is resigning from her post, effective Oct. 1.

09/03/2014 - 5:25pm

ACI Worldwide, a leading global provider of electronic payment and banking solutions, announced that Auchan Group, one of the world’s largest food retailers, has selected the company to deliver its new SEPA-compliant European card payments platform, the first of its kind in Europe.

09/03/2014 - 11:22am

Amazon said that senior VP and CFO Thomas J. Szkutak plans to retire in June 2015. Brian T. Olsavsky, VP finance for Amazon’s global consumer business, will succeed Szkutak.

09/03/2014 - 11:00am

Abercrombie & Fitch has reportedly settled a shareholder lawsuit filed in the U.S. District Court of Columbus, Ohio, regarding its pay of CEO Michael Jeffries, who has received more than $140 million in compensation since 2007.

09/03/2014 - 10:55am

MarineMax Inc. has expanded its financing facility to provide for borrowings of up to $235 million.

09/02/2014 - 5:36pm

A federal judge has reportedly approved an antitrust settlement EBay reached in May 2012.

09/02/2014 - 5:33pm

Conn’s Inc. missed Wall Street expectations for profits in the second quarter of fiscal 2015, as net income dropped 8% to $17.65 million from $19.16 million.

09/02/2014 - 5:11pm

A Credit Suisse analyst is reportedly recommending that Staples and Office Depot, itself recently merged with Office Max, merge.

09/02/2014 - 10:43am

Household purchases unexpectedly fell 0.1% in July, after rising 0.4% the prior month, according to figures released by the Commerce Department.