Finance

Mar 21, 2014
The Wet Seal Inc. shrank its net loss to $27.5 million during the fourth...
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Mar 21, 2014
New York & Company grew its net income during the fourth quarter of...
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Mar 21, 2014
Engaged Capital, an investment firm specializing in small and mid-cap...
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Mar 21, 2014
A $473 million charge resulting from arbitration with The Swatch Group in...
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Mar 20, 2014
Burlington Coat Factory saw a 36% decline in its fourth quarter net income...
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Mar 20, 2014
The Cato Corporation cited weather, holiday promotions and a 53rd week in...
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Mar 20, 2014
Merger talks between J. Crew and Japanese retailer Fast Retailing Co. have...
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Financially Speaking

The Impact of Online Sales Tax

By Jonathan Barsade, founder and CEO, Exactor
For more than a decade, federal and state lawmakers have attempted to craft legislation to regulate the collection of sales tax on Internet purchases. The Marketplace Fairness Act of 2013 passed the Senate in May with bipartisan support.
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Deals/M&A

Global Payments acquires PayPros
Global Payments Inc. will acquire Payment Processing, Inc. (PayPros). PayPros, based in California, is a provider of fully-integrated payment solutions for 58,000 small-to-medium sized retailers in the U.S.
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Newsmakers

eBay reports strong Q4 quarter; Carl Icahn looks to spin off PayPal
eBay posted a profit of $850 million, compared with earnings of $751 million a year ago, for its fourth quarter, ended Dec. 31, 2013, while revenues rose 13% to $4.5 billion, fueled by strong mobile results.
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