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Howard Hanna announces merger; Heinz recommits to Pittsburgh; American Eagle's profit climbs

2015-05-22 04:21:14| Food - Topix.net

Howard Hanna Real Estate Services said Wednesday it has merged with Nothnagle Realtors of Rochester, N.Y. Nothnagle has 32 offices and 900 agents and employees throughout Western New York. Nothnagle is ranked as the 40th-largest real estate company in the U.S., according to closed sales.

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Gap's 1Q profit down 8 percent on currency fluctuations

2015-05-22 02:41:01| Apparel - Topix.net

Gap Inc. reported an 8 percent decline in its first-quarter profit, as results were hurt by currency fluctuations and persistent sluggish sales at its Gap and Banana Republic stores. Gap is among the companies struggling with the impact of the strong dollar as sales in foreign currencies are worth less once they are translated back into the U.S dollars.

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Pope climate change aide urges business favor planet over profit

2015-05-21 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Pope Francis' top aide on climate change urged businesses on Wednesday not to let the pursuit of profit get in the way of protecting the planet. The remarks came as the Vatican is due to release a papal encyclical, or formal letter, on the issue. Cardinal Peter Turkson, who helped draft the encyclical, said the paper would be presented in the second half of June, two months before the pope is due to address the U.S. Congress and a United Nations meeting on sustainable development. "Our lives...

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L Brands lifts outlook after Q1 profit hike

2015-05-21 14:04:00| Daily apparel & textile news and comment - from just-style.com

Victoria's Secret and La Senza owner L Brands has raised its full-year earnings guidance after booking a near 60% hike in first-quarter net profit.

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GM margin helps M&S deliver FY profit

2015-05-20 12:05:44| Daily apparel & textile news and comment - from just-style.com

UK retailer Marks & Spencer has delivered its first increase in profits in four years thanks to improved general merchandise gross margin, less discounting and better deals with suppliers.

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