Business News

retailers-090315.jpgA sampling of U.S. apparel retailers on Thursday reported mixed sales at established stores for the pivotal back-to-school shopping month of August. Consumers tightened their back-to-school budgets for traditional items like clothing while shifting their spending toward big, infrequent purchases such as new vehicles. Mall traffic was not quite as robust this season.

Sincerely Nuts Recalls Raw Macadamia Nuts Over Salmonella Scare

Sincerely Nuts Inc. of Brooklyn, New York, is recalling raw macadamia nuts due to potential contamination with the harmful Salmonella bacteria. The problem came to light when a routine testing by a contracted private laboratory revealed the presence of Salmonella in the 2 lb. packages of Sincerely Nuts Macadamia Nuts (Raw) Whole and Sincerely Nuts Macadamia Nuts (Raw) Unsalted Halves and Pieces.

Lookers Buys Motor Retailer Addison Motors For GBP 87.5 Mln Cash - Quick Facts

Lookers plc, (LOOK.L), a UK motor retail and aftersales service group, announced Thursday that it has acquired Addison Motors Limited, trading as Benfield Motor Group, for 87.5 million pounds in cash. The acquisition is expected to be immediately earnings enhancing for the company. Benfield, a private...

Ambarella Inc. (AMBA) Pulled Back After Q2 Report

Ambarella Inc. (AMBA) reported second quarter non-GAAP EPS of $0.88 after the bell Tuesday, compared to $0.37 in the prior year period. The consensus estimate was for EPS of $0.80. Ambarella gapped open sharply lower Wednesday, but traded in a range for the majority of the session. The stock finished...

NovoCure Files IPO Of Up To $300 Mln

NovoCure Limited has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission to raise up to $300 million in an initial public offering of common shares. The company did not specify the number of shares to be sold and the pricing. The company said it has applied...

ABM Industries Q3 15 Earnings Conference Call At 9:00 AM ET

ABM Industries Inc. (ABM) will host a conference call at 9:00 AM ET on September 3, 2015, to discuss its Q3 15 earnings result. To access the live webcast, log on at http://investor.abm.com/events.cfm To participate in the call, dial (877) 664-7395. A replay of the call by dialing (855) 859-2056...
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09/03/15 8:30ExportsJUL Canada
09/03/15 8:30ImportsJUL Canada
09/03/15 8:30International Merchandise TradeJUL Canada
09/03/15 8:30ExportsJUL United States
09/03/15 8:30ImportsJUL United States
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