News@Nine THURSDAY 24TH JULY 2014
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American Apparel Adds Four to Board

24 July | 04:00 AM | Women’s Wear Daily | Retail

American Apparel Inc. has its new board members in place, and that means Dov Charney’s future could be decided soon. The four new designees, with different terms expiring in connection with annual shareholders meetings, are: David Glazek as a class A director whose term expires in 2017; Thomas J. Sullivan as a class B director, with his term expiring in 2015, and Colleen B. Brown and Joseph Magnacca as class C directors, with their terms ending in 2016.

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Nokia Swings to Second-Quarter Profit

Finland's mobile-network maker Nokia Corp. said its expectations for 2014 have improved, as its financial performance in the latest quarter was boosted by the sale of its handset business to Microsoft Corp.


Unilever sales growth hurt by slowing emerging markets

LONDON (Reuters) - Unilever reported a lower-than-expected increase in second-quarter sales on Thursday, citing a slowdown in emerging markets and continuing malaise in developed markets.

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Sony agrees to $15m settlement in 2011 PSN data breach suit

Sony has agreed to a preliminary settlement of $15m in a class action lawsuit regarding its 2011 security breach. The data breach – which resulted in the theft of names, addresses and possibly... MCV is the leading news site for the game industry. Check out our news, press releases and interviews.

My Tube: Louis Vuitton Men's Fall 2014 Lookbook
Louis Vuitton Men's Fall 2014 Lookbook
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Warm weather boosts hardware and DIY sales by 20%

As the temperature across the UK rose so did retail sales in most sub-sectors, with solid growth reported in the year to July.

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Tesco falls to lowest in 10 years as GSK warns on earnings

Shares in Tesco yesterday fell to their lowest level in almost a decade after the beleaguered supermarket issued a profit warning earlier this week and announced that chief executive Philip Clarke is stepping down. Tesco’s shares fell 0.49 per cent to 276p yesterday, down 4.6 per cent since Monday when Clarke’s exit was announced and their lowest since September 2004.

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Wal-Mart loses bid to keep documents on bribery probe from shareholder

The Delaware Supreme Court affirmed on Wednesday a lower court ruling that ordered Wal-Mart Stores Inc to provide a shareholder with documents related to the company's internal probe of allegations the retailer had paid bribes in Mexico. Wal-Mart had appealed a ruling by Delaware's lower Court of Chancery that ordered the company to produce documents to an Indiana union pension trust, which owns the company's stock.

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