Franchise News
The New York Daily News is No Longer For Sale, Owner Believes in the Potential of the Company
Coca-Cola to be More Transparent on Science and Research Investment, Shifts Focus on Well-Being
Muhtar Kent, chairman and CEO of Coca-Cola Company said, in an editorial published in The Wall Street Journal, that the company will be more transparent with its science and research investment.
Latest News
Lowe's Sales Increases in Second Quarter, Backs Full-Year Forecast
Lowe’s Companies, Inc. have reported that their sales for the second quarter have increased to $17.3 billion from $16.6 billion of the same quarter in 2014, according to a press release issued by Lowe’s.
Ford Plans Toxic Paint Sludge Cleanup With State Oversight In New Jersey
Ford Motor Co. has announced plans to begin a toxic paint sludge cleanup in Ramapo, N.J. with oversight from the state Department of Environmental Conservation.
Tyson Foods Shuts Down Iowa Beef Plant Citing Over-Expanded Costs For Dairy Cattle
Springdale, Arkansas-based Tyson Foods has shut down one of its beef processing plants in Iowa, citing over-expanded costs of dairy cattle.
Rob Mee to Replace Paul Maritz as CEO of Pivotal, Maritz to Remain as Executive Chairman
Pivotal Software’s board of directors has appointed Rob Mee, who recently served as the company’s executive vice president of products and research development, to be the company’s new CEO, replacing Paul Maritz, according to a press release issued by the company.
Blue Bell Announces Ice Cream Return in Select Markets Following Listeria Outbreak
Blue Bell Creameries have announced that it will begin distributing ice cream to select market starting on August 31, 2015, according to a press release by Blue Bell.
Walmart Miss Second Quarter Earnings Estimate, Cuts Annual Profit Forecast
Wal-Mart Stores, Inc. has announced that its second-quarter diluted earnings from its continuing operations was at $1.08 per share, according to a press release issued by Walmart.
Toshiba Increased Outsiders to be Part of Its Board, Aims to Bolster Governance
Toshiba Corporation has increased the number of outsiders to be part of its board of directors, giving them the majority of the company’s 11-member board, according to a report from The Wall Street Journal.
BB&T Corporation Acquires National Penn for $1.8 Billion, Improves to #4 in Market Deposit Share in Pennsylvania
BB&T Corporation has announced that it will acquire National Penn Bancshares, Inc. in a cash and stock transaction for approximately $1.8 billion, according to a press release issued by BB&T.
Yum Brands Appoints New China CEO, Expects Performance Improvements in H2
Fastfood chain operator Yum Brands Inc. has named a new chief executive for its China operations, where it receives half its sales despite challenges from food-safety issues and changing consumer preference.