Tom Tom Sees US Market Share Decline in Third Quarter

Tom Tom allowed its share of the rapidly shrinking U.S. PND market to slip in the third quarter rather than join a rash of discounting, but expects sales of its new GPS watch to buoy U.S. sales during the upcoming holiday shopping season…

Iconix Raises FY Profit Guidance on Strong Q3

Iconix Brand Group, the parent of Umbro, Starter and Danskin, reported a 44 percent gain in non-GAPP earnings in the third quarter ended Sept. 30 on a 24 percent increase in revenues. EBITDA attributable to Iconix for the quarter was approximately $65.6 m

Walmart to Promote 160,000 Associates

Walmart announced today that it is kicking off its holiday season with a special focus on more career opportunities for associates. The company expects to promote more than 160,000 associates to jobs with higher pay and more responsibility this year, incl

SBA Lending Dipped Below Record Pace in Fiscal 2013

The Small Business Administration (SBA) supported more than $29.6 billion in lending to America’s small businesses during the fiscal year ended Sept. 30 via 54,106 7(a) and 504 loans, down slightly from its record pace of the last two years…