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US: JoS A Bank expects FY net income to be down 20%
2013-01-28 13:41:00| Daily apparel & textile news and comment - from just-style.com
US men's clothing retailer JoS A Bank has issued a profit warning, as rising sales failed to offset higher marketing expenses and lower gross margin.
China and World Bank to cooperate more on climate change
2013-01-27 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Global Times: The World Bank is looking forward to deepening cooperation with China in the fields of urbanization and climate change, World Bank President Jim Yong Kim has told Xinhua during the annual World Economic Forum (WEF). Urbanization would be "very important" for the future growth of China, and the World Bank has launched joint research with China on urbanization to help developing countries deal with the continuing massive influx of people into cities, Kim told Xinhua in an exclusive interview Saturday....
World Bank head says don't shun poor coal-using nations
2013-01-27 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
BBC: The World Bank should support poor countries that need coal-powered energy in spite of its contribution to climate change, its president has said. Jim Yong Kim, speaking at Davos, said the institution should not "turn its back" on poor nations that seek the cheap source of energy. His first priority was for countries to have the energy needed to boost their economies, he said. Mr Kim has often warned of the dangers of climate change on future growth. "My first priority is for countries...
Bank of America Battling Stockholder Proposal on Political Spending
2013-01-26 20:12:55| Paper - Topix.net
Jan. 26--Bank of America has succeeded in keeping stockholder proposals on the bank's dividend and executive pay off its upcoming annual meeting ballot -- but the Charlotte bank is still battling one that would limit its political spending.
Tags: america
bank
political
spending
Jos. A Bank Announces The Mother Of All Friday Night News Dump Earnings Warnings
2013-01-26 08:08:43| Apparel - Topix.net
"[N]et income for fiscal year 2012 is expected to be approximately 20% lower than net income for fiscal year 2011," they wrote.
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