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UPDATE 1-UPS, FedEx cap air express deliveries - WSJ
2014-12-24 03:22:02| Trucking - Topix.net
United Parcel Service Inc and FedEx Corp started limiting air express deliveries after a last-minute increase in shipped packages caused some retailers to exceed agreed-upon limits, the Wall Street Journal reported, citing people briefed on the situation. This year, both UPS and FedEx held some retailers to their volume commitments during the final shopping days before Christmas, aiming to avoid a repeat of a fiasco last year, the Journal reported.
American Apparel Approached For Possible Buyout: WSJ
2014-12-19 12:26:22| Apparel - Topix.net
Clothing manufacturer American Apparel has been approached by private equity firm Irving Place Capital for a possible takeover, The Wall Street Journal reported, citing sources. The Los Angeles-based retailer received an expression of interest from Irving Place in the last couple of weeks, people familiar with the matter told the Journal, adding that the approach was initially rebuffed because of the low price.
Tags: american
apparel
approached
wsj
Former CEO of UTC questioned by directors on decreasing involvement -WSJ
2014-12-07 00:02:48| Industrial Machines - Topix.net
United Technologies Corp's former Chief Executive Officer Louis Chenevert, who retired abruptly, made a trip to Taiwan two weeks before his retirement to check on the construction of his yacht, the Wall Street Journal reported citing sources. There were concerns among senior managers and directors of the diversified U.S. manufacturer about Chenevert's disconnect from the company and increasing focus on his private life, the Journal reported.
Tags: directors
ceo
involvement
decreasing
Wal-Mart's Duncan Mac Naughton expected to announce departure, WSJ reports
2014-11-25 23:05:16| Toys - Topix.net
On The Fly: Closing Wrap Stocks on Wall Street saw another day of relatively quiet trading in a tight range, but the major averages once again finished the session higher than where they'd began. The Dow, powered by the post-earnings advance from Wal-Mart , led and closed at a new all-time high for the third time in the last four days.
Tags: reports
expected
mac
departure
Deutsche Bank partners tech giants on innovation labs - WSJ
2014-11-18 06:17:43| IT Services - Topix.net
Deutsche Bank is working with tech firms IBM, Microsoft and HCL Technologies on plans to open innovation labs around the world, according to the Wall Street Journal. Citing sources, the WSJ says that the German bank and its partners are preparing to create the labs in Berlin, London and Palo Alto, with staff shipped out to learn about how technology can improve services.
Tags: partners
tech
bank
deutsche
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