Investing.com-- U.S. stock index futures moved little on Tuesday evening as investors hunkered down before the conclusion of a Federal Reserve meeting where the central bank is likely to keep interest rates unchanged.Futures steadied after a negative session on Wall Street, which fell on Tuesday as a two-day rebound from correction territory largely petered out. Losses were driven by sustaine ...
By Rishav Chatterjee(Reuters) - Australian department store owner Myer on Wednesday posted lower interim earnings, citing logistical challenges at a distribution centre in Victoria and strategic review costs, while painting a gloomy outlook due to weak economic conditions.The firm, which finalised the purchase of the apparel brands portfolio from rival Premier Investments in January, said the sale ...
By Jonathan StempelNEW YORK (Reuters) -Ben & Jerry’s said its parent, Unilever (LON:ULVR), decided to oust the ice cream maker’s chief executive, Dave Stever, escalating a battle over the subsidiary’s independence on social policy issues.In a Tuesday night filing in Manhattan federal court, Ben & Jerry’s said Unilever advised on March 3 it was removing Stever without consulting d ...
Investing.com-- Activist investor Starboard Value is gearing up to wage a proxy war at Autodesk Inc (NASDAQ:ADSK) with an over $500 million stake in the software developer, the Wall Street Journal reported on Tuesday. Starboard plans to nominate a minority slate of director candidates for Autodesk’s upcoming annual meeting, the WSJ report said, citing people familiar with the matter.The a ...