Finance

Jun 24, 2014
Oracle Corp. has acquired Micros Systems, a provider of integrated retail...
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Jun 24, 2014
A 16% year-over-year jump in third quarter profit still missed Wall Street...
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Jun 23, 2014
Subject to market conditions, Conn’s Inc. intends to offer in aggregate...
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Jun 23, 2014
J. C. Penney Company announced today that it has closed its new $2.35...
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Jun 20, 2014
The Massachusetts House of Representatives has approved a bill that would...
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Jun 20, 2014
Toys “R” Us, Inc. announced that it has named Michael J. Short executive...
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Jun 20, 2014
Major multinational retailers such as Starbucks and Apple will have to...
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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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