Tag Archives: consumer

Brazil’s Itau to Buy Citigroup’s Consumer Finance Unit for BRL2.77 Billion

Brazilian bank Itau Unibanco Holding SA (ITUB, ITUB4.BR) has agreed to buy the Brazilian consumer finance unit of Citigroup Inc. (C) for 2.77 billion Brazilian reais ($1.38 billion), Itau said in a statement Tuesday Continue reading

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A First: Clay Induces Stem Cells To Become Bone Cells

WASHINGTON (dpa-AFX) – Synthetic silicates, which are composed of simple or complex salts of silicic acids, are used in a wide range of industrial and consumer products, say food additives, glass … Continue reading

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The Miscalculation of Lauryn Hill

NEW YORK (TheStreet) — The upshot of former Fugees star Lauryn Hill’s legal troubles is that we may see a new studio album from her, the first in 15 years, on her own label, through a deal arranged with Sony . The downside? Prison, and three months without being able to pursue her career or be with her kids. Continue reading

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MARKET SNAPSHOT: Stock Rally’s Burden Shifts To The Consumer

Consumer-related stocks, at the vanguard of this year’s rally, may face particular headwinds this week as retailers report earnings and a slew of consumer data hits investors. Continue reading

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ASIA MARKETS: China Stocks Slip After Data; Japan Extends Rally

Chinese stocks fell on Thursday after data showing consumer prices rose more than expected, while most other Asian markets advanced after U.S. and German equities climbed further into record territory. Continue reading

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Buffett’s Lame Excuse

“Now we have lots of money and no ideas.” So says the Oracle of Omaha to the crowd and the inquiries of Doug Kass at the big Omaha showdown. And I come back and say, “Give me a break.” You have a million ideas, and because of who you are, you can make them happen very easily Continue reading

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Pound Falls Against Dollar, Euro As UK Consumer Confidence Drops

BRUSSELS (dpa-AFX) – The pound slipped against its U.S. and European counterparts in the Asian session on Tuesday following a report showing that U.K. consumer confidence fell slightly in April as… Continue reading

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Banks Slammed Over Account Complaints Handling

Banks and building societies need to do more to put their customers first, a consumer group says as new findings are released. Continue reading

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Markets Post Weekly Gain Despite Retail Slowdown

NEW YORK (TheStreet) — U.S. stocks posted their 12th weekly gain of 2013 compared to three weekly declines as the S&P 500 closed near its all-time high, propelled by record corporate profits and the Federal Reserve’s asset-buying stimulus program. The S&P retreated from its record high Friday after a pair of consumer reports dampened optimism about consumer strength amid renewed eurozone jitters even as the U.S. Continue reading

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Tiger Woods Gets Raw Deal From Haters

NEW YORK (TheStreet) — It’s quite fascinating what’s happening on Twitter the last couple of days. There’s tons of Tiger Woods hate as he makes a serious go of it at The Masters. And there are just as many folks coming to his defense Continue reading

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