target-corp

U.S. bankruptcy court judge OKs $425 million for Avaya loan

A U.S. bankruptcy court judge granted Avaya Inc approval on Friday to tap $425 million of the $725 million loan proposed to carry the telecommunications company through its restructuring, funds the company said were essential to continue operations. Avaya filed for Chapter 11 bankruptcy protection on Thursday to cut its …

See more here:
U.S. bankruptcy court judge OKs $425 million for Avaya loan

target-corp

Morgan Stanley CEO James Gorman’s 2016 pay up 7 pct to $22.5 million

Gorman will receive $22.5 million in total compensation, up from $21 million in 2015, spokesman Mark Lake said in an email. Gorman received a $5 million stock bonus for his performance in 2016, an 8 percent increase from 2015, according to a filing with the U.S. Securities and Exchange Commission. The filing did not provide greater detail on Gorman's total 2016 compensation.

Read the original post: 
Morgan Stanley CEO James Gorman’s 2016 pay up 7 pct to $22.5 million

target-corp

U.S. department stores steady profitability boat even as sales slide

U.S. department store chains, hit by slowing sales for more than two years, have used layoffs, store closings and cutbacks to maintain one aspect of stability: profit margins. An analysis of two important indicators of retail profitability, gross margins and operating margins, shows retailers like Kohl's Corp , JC Penney Co Inc , Macy's Inc and Target Corp have done a better job at delivering on profitability than maintaining sales growth.

See the rest here:
U.S. department stores steady profitability boat even as sales slide

target-corp

Target shakes up online leadership with eye on rivals

By Nandita Bose CHICAGO (Reuters) – Target Corp said on Friday its chief digital officer has left the company amid a company overhaul of its e-commerce operations to boost online sales and better compete with larger rivals such as Amazon.com Inc . Target said Jason Goldberger, who had been with the company for four years, will leave immediately.

Read more here: 
Target shakes up online leadership with eye on rivals

target-corp

U.S. retailers push banks to use PINs on credit cards as confusion reigns

By Jim Finkle BOSTON (Reuters) – Some big U.S. retailers are stepping up efforts to use personal identification numbers, or PINs, with new credit cards embedded with computer chips in a bid to prevent counterfeit card fraud. A small band

Here is the original post:
U.S. retailers push banks to use PINs on credit cards as confusion reigns