Finance

Aug 27, 2014
The Michaels Companies Inc. reported a net loss of $48 million in the...
Irving, Texas – The Michaels Companies Inc. on Wednesday reported a...
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Aug 27, 2014
Profit and revenue for Tiffany & Co. exceeded Wall Street predictions...
New York – Profit and revenue for Tiffany & Co. exceeded Wall...
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Aug 27, 2014
Chico’s FAS Inc. reported net income of $30.1 million in the second...
Fort Myers, Fla. – Chico’s FAS Inc. reported net income of $30...
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Aug 27, 2014
Approximately two in three credit cardholders typically use cash for...
Austin, Texas - Approximately two in three credit cardholders typically...
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Aug 26, 2014
Hedge fund Standard General LP, RadioShack’s second-largest shareholder,...
Fort Worth Texas – Hedge fund Standard General LP, RadioShack’...
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Aug 26, 2014
American prepaid card users are the leading users of mobile payments.
Rockville, Md. - American prepaid card users are the leading users of...
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Aug 26, 2014
Customers of real estate management software provider Yardi can now have...
Atlanta – Customers of real estate management software provider...
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Financially Speaking

The Impact of Online Sales Tax

By Jonathan Barsade, founder and CEO, Exactor
For more than a decade, federal and state lawmakers have attempted to craft legislation to regulate the collection of sales tax on Internet purchases. The Marketplace Fairness Act of 2013 passed the Senate in May with bipartisan support.
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Deals/M&A

Global Payments acquires PayPros
Global Payments Inc. will acquire Payment Processing, Inc. (PayPros). PayPros, based in California, is a provider of fully-integrated payment solutions for 58,000 small-to-medium sized retailers in the U.S.
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Newsmakers

eBay reports strong Q4 quarter; Carl Icahn looks to spin off PayPal
eBay posted a profit of $850 million, compared with earnings of $751 million a year ago, for its fourth quarter, ended Dec. 31, 2013, while revenues rose 13% to $4.5 billion, fueled by strong mobile results.
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