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LVMH Strikes U.S. Private Equity Deal
Fortune - 1/6/2016
Catterton Partners, a Connecticut-based private equity firm focused on consumer brands, on Tuesday announced a tie-up with luxury product maker LVMH and major LVMH shareholder Groupe Arnault. The result
Luxury Goods Maker LVMH Strikes Deal with U.S. Private Equity Firm Fortune
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This is a terrible sign for Chipotle
Washington Post - 1/6/2016
Last month, in the wake of an E. coli outbreak linked to Chipotle restaurants around the country, the popular fast food chain warned that its business would suffer. But it didn't expect to bleed this
Chipotle reports massive drop in sales and federal investigation after disease outbreaks Washington Post
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AutoNation's CEO Has This Warning for the Car Industry
Fortune - 1/6/2016
The head of the largest U.S. auto dealer group warned on Wednesday that automakers and dealers must avoid the problems in the years immediately following 2000, when lofty incentives kept sales volume
INTERVIEW-AutoNation CEO warns automakers not to push sales by incentives Reuters
AutoNation’s CEO Has This Warning for the Car Industry Fortune
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Huawei division sees 70% revenue rise
BBC - 1/6/2016
Image caption Tech giant Huawei Technologies's consumer division's revenue rose 70% to more than $20bn (£13bn) in 2015 from a year ago on strong smartphone sales. The Chinese firm, one of the biggest
Huawei revenue jumps 70% in 2015 Before It's News
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What Ford’s CEO Thinks About Shiny New Things
Fortune - 1/6/2016
One comes to CES, the vast trade show in Las Vegas that peddles technology gadgets, to learn about shiny, new stuff. My unexpected epiphany from an interview Tuesday night with the CEO of Ford and
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FOREX-Dollar steady on U.S. rate-hike view; yuan hits record low
Reuters - 1/6/2016
The dollar added to earlier gains on Wednesday against a basket of currencies as a private report showed U.S. companies added the most workers in a year in December, supporting the view the Federal Reserve
Dollar steady on U.S. rate-hike view; yuan hits record low Reuters UK
FOREX-Dollar index adds gains after U.S. ADP jobs data Reuters UK
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VWs Audi says 2015 sales rise to record 1.8 million cars
Reuters UK - 1/6/2016
Andre Brown of Audi Japan presents the new Audi Q7 e-tron quattro at the 44th Tokyo Motor Show in Tokyo October 28, 2015. Reuters/Thomas Peter BERLIN Audi ( VOWG_p.DE ) increased global sales
VWs Audi says 2015 sales rise to record 1.8 mln cars Reuters
Volkswagen's Audi says 2015 sales rise to record 1.8 million cars Economic Times
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Chipotle's food safety woes lead to criminal investigation, sales slide
USA Today - 1/6/2016
Sales at fast casual chain Chipotle Mexican Grill continue to tumble as the company's struggles with a bout of foodborne illness issues at locations across the country deepens. The company, on Wednesday,
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Valeant tabs former CFO as interim chief
CBS News - 1/6/2016
Valeant Pharmaceuticals International ( VRX ) on Wednesday said former Chief Financial Officer Howard Schiller will run the Canadian company, with CEO Michael Pearson is still in the hospital undergoing
Valeant tabs former CFO as interim CEO MyInforms
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UPDATE 1-SolarCity to cut 550 jobs in Nevada
Reuters - 1/6/2016
Solar panel installer SolarCity Corp said it would cut 550 jobs in Nevada, two weeks after the state's utilities commission approved changes that would reduce credits customers receive for selling excess
SolarCity to cut 550 jobs in Nevada Latest Nigerian News.com
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UPDATE 1-Monsanto to slash 1,000 more jobs, total planned cuts at 3,600
Reuters - 1/6/2016
Monsanto Co plans to cut an additional 1,000 employees worldwide, bringing its total planned job cuts to 3,600 or about 16 percent of the company's global workforce, according to a filing Wednesday with
Monsanto to cut additional 1,000 jobs, bringing total planned job cuts to 3,600 Interactive Investor
MONSANTO : to cut additional 1,000 jobs, bringing total planned job cuts to 3,600 4 Traders
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Apple App store reports $1.1 bln in sales
Reuters India - 1/6/2016
An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. Reuters/Mike Segar/Files Apple Inc said customers spent over
Holiday Shoppers Spent $1.1 Billion at Apple's App Store Fortune
Apple reports over $1.1 billion in App Store sales in holiday season (Reuters) Yahoo! News Australia
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UPDATE 2-Petrobras ends rig contract with Ensco over bribe allegations
Reuters - 1/6/2016
The logo of Brazil's state-run Petrobras oil company is pictured outside its headquarters in Rio de Janeiro, Brazil, December 17, 2015. Reuters/Ricardo Moraes Rig contractor Ensco Plc said Brazilian
Petrobras ends rig contract with Ensco over bribe allegations Reuters
Petrobras voids drillship deal with Ensco due to bribery charges Offshore Energy Today
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In staggering turnaround for U.S. auto industry, car sales hit record high in 2015
Washington Post - 1/6/2016
By Drew Harwell and , Drivers in the United States bought more cars last year than ever before, a staggering turnaround for an auto industry fighting for its life half a decade ago, as low gas prices
Auto industry roars back into the fast lane Washington Post
U.S. car sales hit record high in 2015 Washington Post
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UPDATE 1-SolarCity to cut 550 jobs in Nevada
Reuters India - 1/6/2016
(Adds details, shares) Jan 6 Solar panel installer SolarCity Corp said it would cut 550 jobs in Nevada, two weeks after the state's utilities commission approved changes that would reduce credits
SolarCity Is Slashing 550 Jobs Fortune
SolarCity to cut 550 jobs in Nevada SRN News
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Chipotle Gets Subpoena for Criminal Probe, Sales Crater
Fortune - 1/6/2016
Chipotle Mexican Grill’s cmg problems keep getting worse. The burrito chain on Wednesday reported in an SEC filing that sales at restaurants open at least a year fell 30% last month in the wake of
Chipotle Sales Crater, Gets Subpoena in Criminal Probe Fortune
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Valeant names Schiller as interim CEO
USA Today - 1/6/2016
Valeant Pharmaceuticals International, the Canadian drugmaker whose CEO has been on medical leave while it faces congressional scrutiny over its pricing practices, said Wednesday it appointed Howard B.
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Monsanto Swings to 1Q Loss Amid Lower Seed Sales
ABC News - 1/6/2016
Monsanto on Wednesday said it swung to a $253-million loss in the first fiscal quarter, amid foreign currency pressures and falling sales of its biotech-enhanced corn seeds. On a per-share basis, the
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Valeant names Howard Schiller as interim CEO
USA Today - 1/6/2016
Valeant Pharmaceuticals International, the Canadian drugmaker whose CEO has been on medical leave while it faces congressional scrutiny over its pricing practices, said Wednesday it appointed Howard B.
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Ford's CEO Embraces History While Steering Toward Future
Fortune - 1/6/2016
U.S. car sales, we learned yesterday, hit an all-time record in 2015. But in spite of that, Ford CEO Mark Fields sounded last night like a man on a burning platform. Fields was FORTUNE’s guest at our
Ford’s CEO Embraces History While Steering Toward Future Fortune
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Emanuel offers New Year's resolution for Rauner: 'Get the job done' on budget
Chicago Tribune - 1/6/2016
Mayor Rahm Emanuel kept up his end of the long-running back-and-forth with Gov. Bruce Rauner on Tuesday, once again accusing the governor of using Chicago schoolchildren as pawns and calling on him to
Emanuel offers New Year's resolution for Rauner: 'get the job done' on state budget Chicago Tribune
Emanuel to Rauner: CPS students not "pawn in a political game" US.NewsHub.org
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GM says 2015 China sales up 5.2 pct y/y
Reuters UK - 1/6/2016
BEIJING Jan 6 General Motors Co and its Chinese joint venture partners sold 3.61 million vehicles in China in 2015, up 5.2 percent from the previous year, the U.S. carmaker said on Wednesday. GM sold
GM China auto sales rise 5.2 percent in 2015 Yahoo! News
GM says 2015 China sales up 5.2 pct y/y Reuters Yahoo! Finance
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New World China Land to open over 20 percent up on privatization offer
Reuters - 1/6/2016
Shares of New World China Land ( 0917.HK ) are set to open more than 20 percent up on resumed trade after New World Development Co Ltd ( 0017.HK ) makes a second attempt in less than two years to take
New World China Land to open over 20 pct up on privatization offer Reuters UK
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Australia new vehicle sales break records in 2015
Reuters - 1/6/2016
SYDNEY, Jan 6 Sales of new vehicles in Australia rose solidly in December to make 2015 a record-breaking year for the sector, a sign consumers are confident enough to splash out on big-ticket items.
Australia new vehicle sales break records in 2015 Reuters Yahoo! Finance
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Auto sales soar 9% in December, set record for year
USA Today - 1/5/2016
Automakers posted a solid 9% sales gain in December, an exclamation point that sealed 2015 as the biggest sales year ever for the industry, they reported Tuesday. All told, automakers sold 17.47 million
December auto sales soar 9% in record year USA Today
Dec. auto sales soar in record year USA Today
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