Retail Sales Drop Unexpectedly in June

Retail sales in June, excluding autos, gasoline and restaurants, decreased 0.2 percent seasonally adjusted month-to-month while increasing a solid 3.1 percent unadjusted year-over-year…

Ebay to Sell Enterprise Unit

Ebay Inc. reached an agreement to sell its Enterprise business, formerly GSI Commerce, to a consortium led by private equity firm Permira for $925 million…

Jarden Corp. Updates Q2 Guidance

Jarden Corp reported preliminary results for the second quarter indicate organic growth will exceed the company's targeted range of 3-5 percent. Adjusted earnings per share are expected to be in line with Wall Street consensus…