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Brown Shoe Posts Upbeat Q1 Profit, Raises Full-Year Earnings Forecast

2014-05-28 18:48:49| Footwear - Topix.net

Brown Shoe Co posted a profit in the fiscal first quarter profit and lifted its earnings forecast for the year.

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Old Dominion Freight Line Raises Expectations for Second-Quarter...

2014-05-27 22:55:37| Trucking - Topix.net

Old Dominion Freight Line, Inc. today increased its outlook for growth in second-quarter less-than-truckload revenue per hundredweight, excluding fuel surcharges, to a range of 3.0% to 3.5% over the prior-year comparable quarter from the previously discussed range of 2.0% to 2.5%.

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Vodafone raises UK call charges

2014-05-22 18:08:03| BBC News | Business | UK Edition

The company announces price increases that could add more than 10% to customers' monthly bills if they stray beyond their monthly allowance.

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JD.com raises USD 1.8 bln in IPO

2014-05-22 09:22:00| Telecompaper Headlines

(Telecompaper) Chinese e-commerce group JD.com raised in total USD 1.78 billion from its initial public offering of shares on the Nasdaq market in the US. The 93.7 million American Depositary Shares, each representing two Class A ordinary shares of the company, was priced at USD 19 per ADS, higher than the earlier indicated range of USD 16-18. The ADS will begin trading on 22 May. JD.com sold 69 million new shares, and existing shareholders sold 24.7 million. The underwriters have been granted a 30-day option to purchase up to an additional 14 million ADS from JD.com. JD.com will receive initial proceeds of USD 1.31 billion from its share of the offering. The company is also raising USD 1.31 billion from the issue of another 138 million Class A shares to Tencent at the IPO price. 

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Encryption company Silent Circle, creator of Blackphone, raises $30 million

2014-05-22 03:13:39| IT Services - Topix.net

Silent Circle, the Maryland-based mobile security company that gained traction after revelations by former National Security Agency contractor Edward Snowden, just picked up a $30 million investment.

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