Author: Andy Polk

Wolverine Worldwide reported third quarter revenues reached $711.1 million – down 0.8 percent versus the prior year, but in line with the company's previous guidance – and strong adjusted diluted earnings per share growth of 8.6 percent to 63 cents a share. Wall Street's consensus...

J. C. Penney Company, Inc. appointed Marvin Ellison, currently executive vice president of stores at Home Depot, as president and CEO-Designee, effective Nov. 1, 2014. Ellison will also join the board of directors. He will then succeed Myron E. (Mike) Ullman, III as CEO of...

Adidas AG resolved plans to return up to €1.5 billion ($2 bn) in total to Adidas AG shareholders over the next 3 years, primarily through stock buybacks. In addition, Adidas AG confirms its stated commitment to pay an annual dividend to shareholders in the...