Target also forecast modest earnings growth for this quarter.» Read More
Feb 26- Splunk Inc forecast full-year revenue above analysts' expectations as businesses increasingly turn to data analytics to secure their networks from a surge in highly sophisticated cyber attacks. "Cybersecurity has been a huge tailwind for Splunk, and that's really put a lot of fuel in their growth engine," FBR Capital Markets analyst Daniel Ives told...
This is the first time such a racy movie has inspired branded merchandise, from the NC-17 variety to the PG.
A watchdog has launched an investigation into the way Tesco deals with suppliers, further highlighting the struggles faced by the retailer.
Feb 3- U.S. retailer Target Corp on Tuesday named Mike McNamara, a former executive at British retailer Tesco PLC, its new chief information officer. The move comes as Target looks to boost online sales and bolster data security in the wake of a massive hacking attack that hurt its sales during the 2013 holiday shopping season. McNamara, who worked at Tesco for more...
European equities closed largely higher on Monday, as investors look ahead to Thursday's European Central Bank meeting.
European equities closed sharply lower on Wednesday as the turmoil in global commodity markets continued.
An escalating price war between the U.K.'s largest supermarkets means that the price of milk is now cheaper than bottled water, research shows.
Morrisons said its chief executive would step down after the firm posted the worst Christmas performance of Britain's listed supermarkets.
European stocks surged to close almost 3 percent higher after ECB chief Draghi reiterated the central bank was ready to start "full-blown" QE.
Embattled Tesco reported that sales fell over the Christmas period and announced that it would not be paying a final dividend this year.
Europe shares ended higher on Wednesday with investors anticipating more stimulus by the European Central Bank (ECB).
Christmas comes just once a year – but the problems affecting the big U.K. supermarkets are expected to linger all year long.
Britain's accounting watchdog said on Monday it had launched an inquiry into PwC over its auditing of Tesco's accounts.
Retail sales growth in the U.K. accelerated at its fastest pace in almost 26 years – just as the industry is preparing itself for major downsizing.
European shares closed sharply lower on Tuesday as a slide in Chinese and Greek equities weighed on investor sentiment.
Shares in embattled Tesco fall 15 percent after the supermarket warned that its full-year profit for this year would not exceed £1.4 billion.
European shares closed flat on Tuesday as investors digested revised third quarter GDP data from the U.S.
LONDON, Nov 25- A London law firm is rallying Tesco Plc shareholders to join a lawsuit and seek compensation for losses after Britain's largest retailer discovered a hole in its profits, suspended eight senior employees and sparked a series of investigations. Stewarts Law, one of the litigators behind a 4 billion pound investor case against Royal Bank of...
German discount grocery chain Aldi is considering entering China as it seeks growth outside its traditional markets, according to a German magazine.
The U.K. grocery market has fallen into decline for the first time on record, as discount retailers lead a price war.