CEO James Cayne

Globe and MailSamsung 3Q profit slides 23 percentSan Francisco ChronicleLee Jin-man / AP Visitors pass by a billboard of Samsung Electronics' Galaxy smartphone in Seoul, South Korea, Friday, Oct. 28, 2011. Samsung's net profit has slid 23 percent in the third quarter despite strong smartphone sales. ...Samsung overtakes Apple to become world smartphone leaderThe GuardianSamsung overtakes Apple in smartphones, trails in profitsFortuneSamsung 3Q profit slides 23 pctBusinessWeekWashington Post...Read Full Story

The GuardianSamsung overtakes Apple to become world smartphone leaderThe GuardianThis article was published on guardian.co.uk at 12.57 BST on Friday 28 October 2011 . It was last modified at 13.00 BST on Friday 28 October 2011 . The Samsung Galaxy tablet is at the centre of a global patent battle between the South Korean company ...Samsung 3Q profit slides 23 pctBusinessWeekSamsung Overtakes Apple as World's Biggest Smartphone SellerBloombergSamsung 3Q profit slides 23 percent despite strong...Read Full Story

The GuardianSamsung 3Q profit slides 23 percentmsnbc.comLee Jin-Man / AP Visitors pass by a billboard of Samsung Electronics' Galaxy smartphone in Seoul, South Korea, Friday, Oct. 28, 2011. Samsung's net profit has slid 23 percent in the third quarter despite strong smartphone sales. ...Samsung Beats Apple as World's Biggest Smartphone VendorBloombergSamsung announces 13% drop in quarterly earningsCNNSamsung 3Q Profit Slides 23 PercentNPRReutersall 390 news articles »Read Full Story

The Talbots Inc. shares lost a fifth of their value Tuesday after the women's clothing seller gave a disappointing outlook for the crucial holiday quarter and year, raising worries that its turnaround plan isn't gaining traction.Talbots and other "missy" retailers — clothing sellers that target women around their 40s — were among the hardest hit during the recession. In an effort to improve results, Talbots earlier this year pulled off a complex deal that let it reduce its debt and buy out...Read Full Story

AP – Samsung Electronics said quarterly profit slid 23 percent as weaker demand for flat panels and computer chips offset booming smartphone shipments that were estimated to have surpassed those of industry pioneer Apple. Go here to see the original: (AP)"> (AP)"> (AP)">Samsung 3Q profit slides 23 percent (AP)Read Full Story

Wal-Mart Stores Inc. reported a 9.3 percent increase in third-quarter net income as the world's largest retailer benefits from cost controls and a robust international business.The company also raised its full-year quarter profit outlook, but total revenue at U.S. Walmart stores fell as fewer customers visited and spent less when they did. Revenue at stores open at least a year also fell, for the sixth quarter in a row, underscoring the challenges of its U.S. business as many customers...Read Full Story

NEW YORK (Reuters) -- Plaintiffs in one of the biggest U.S. investor lawsuits stemming from the financial crisis got a boost from a judge, who said a case against fallen investment bank Bear Stearns and its outside auditor, Deloitte & Touche, can go forward.The decision means that one-time Bear Stearns investors can move ahead with a proposed securities class-action fraud case, though the judge threw out two related lawsuits that had been rolled into the litigation. The investors accuse...Read Full Story

NEW YORK (Reuters) - Bankrupt bond insurer Ambac Financial Group Inc <ABKFQ.PK> has filed new legal claims stemming from its insurance of Bear Stearns mortgage-backed securities, after another court dismissed the case.Ambac sued JPMorgan Chase & Co <JPM.N>, which bought Bear Stearns and its EMC Mortgage business in early 2008. The lawsuit, brought in a New York state court on Thursday, contends that Bear Stearns misled Ambac into insuring bad pools of mortgage-backed securities.The lawsuit revives a lawsuit...Read Full Story

NYSE Euronext said its third-quarter profit rose 2 percent as the exchange operator benefited from a drop in taxes, which more than offset a slight slowdown in revenue.Revenue slipped 4 percent, but still beat forecasts. The drop in revenue was tied to a decline in pricing that exchanges have dealt with in recent years. Newer exchange operators have entered the market, forcing companies like NYSE Euronext to cut the price it charges to execute stock and derivative traders.NYSE Euronext had...Read Full Story

Upscale department store chain Nordstrom Inc. said its third-quarter net income rose 43 percent as its customers continued spending more, topping analyst estimates. The company also raised its earnings outlook.Nordstrom said Monday that it earned $119 million, or 53 cents per share, for the period that ended Oct. 30. That compares with $83 million, or 38 cents per share, a year earlier.The company says its revenue rose to $2.18 billion, up from $1.96 billion.Analysts surveyed by Thomson...Read Full Story