The apparel retailer will shutter 189 stores by the end of 2013. While profits at home are getting squeezed, the company sees better opportunities abroad, especially in China.
Brown-Forman has put its wine operation up for sale, and Constellation Brands is selling most of its non-US business.
A KKR-led private-equity group will pay cash for the food processor.
An ugly price-fixing fine and weakness in North America and Europe sales hit earnings. Results in Latin America and Asia are strong.
The maker of consumer goods will add hair- and skin-care brands through the deal.
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As the market wades through what many people hope is a sixth bull year, some have grown nervous about how long the run can go.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
As fears rise over costs and higher tuition, some law schools advertise their own plans to cover loan replacements.
In a tax case, a US judge ruled that the agency's published guidelines don't hold up in court.
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