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Business News
Ailing Portuguese bank's shares sink after losses
LISBON, Portugal (AP) -- The woes of troubled Portuguese bank Banco Espirito Santo deepened Thursday as its share price plunged on the Lisbon stock exchange, a day after it reported a record half-year loss of 3.58 billion euros ($4.8 billion)....
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Target names Pepsi's Cornell as chairman, CEO
MINNEAPOLIS (AP) -- Target has hired Pepsi executive Brian Cornell as its new chairman and CEO as it looks to recover from a huge data breach and troubles in Canada....
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Volkswagen 2nd quarter profit up but revenue slips
BERLIN (AP) -- Germany's Volkswagen, Europe's biggest automaker, says its net income rose 14.1 percent in the second quarter although revenues slipped even as unit sales pushed higher....
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Adidas issues profit warning on Russia risks
BERLIN (AP) -- Sports equipment maker Adidas lowered its full-year profit target on Thursday, citing among other things increasing risk in the Russian market amid mounting political tensions over Ukraine....
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Siemens earnings up 27 pct in April-June quarter
BERLIN (AP) -- Siemens says its net profit rose 27 percent in the April-June period after earnings a year earlier were weighed down by restructuring costs, though the strong euro hurt its revenue and new orders figures....
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Of the bids we know went in on the Bills, which do you prefer?
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