costs

Kohl's Reported Worse-than-Expected Earnings, Shares Drop

Kohl's Reported Worse-than-Expected Earnings, Shares Drop

Kohl's Corporation (NYSE: KSS) reported worse-than-expected third-quarter earnings on Thursday. The results were influenced by higher costs and hurricanes. Shares of the company dropped 6.9% to $37.97 per share after the announcement.For the thi..

China’s Cosco Shipping Holdings Buy’s Stake in Orient Overseas International Ltd

China’s Cosco Shipping Holdings Buy’s Stake in Orient Overseas International Ltd

For $6.3 million, China’s Cosco Shipping Holdings Co. decided to buy a controlling stake in Hong Kong based Orient Overseas International Ltd. (OOIL) This resulted in a deal that would expand China’s container shipper services, making it..

Takata Files for Bankruptcy

Takata Files for Bankruptcy

Japan’s Takata Corporation filed for bankruptcy protection in Japan and the United States and agreed to be acquired for $1.6 billion by Key Safety Systems which is Chinese owned and U.S. based. Takata faces tens of billions of dollars in costs..