Â£4-a-share pledge from M&S chief
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Stuart Rose, chief executive of retailer Marks & Spencer, vows to return the firm's share price to Â£4 - or admit failure.
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Business & money: Â· Luke Johnson pays initial Â£10m for 70 shopsÂ· Staff to get private-equity style bonus scheme
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Upscale department store operator  Saks Inc.  on Tuesday said its board of directors  declared a special cash dividend of $4 per share.
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Marks &amp; Spencer today set the price for its record share buyback above market expectations, at 362p per share. The retailer said demand for the Â£2.
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Marks &amp; Spencer, whose sales have dropped for the fourth straight quarter, has priced a 2.3 billion pound share buyback offer in a 332-380 pence per share range.
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Business software maker completes fourth round of funding.
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M&S chief executive believes UK is divided: between rich who live inside the M25 - and the rest
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British billionaire adds to stake even after a big-fourth-quarter loss.
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COLES Myer customers could soon be able to pick up a managed fund portfolio with their weekly shopping after chief executive John Fletcher flagged a move into financial planning.
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The supermarket group Tesco, Britain's biggest retailer, said it has paid about 350 million dollars (264 million euros) to raise its stake in its Chinese joint venture with Ting Hsin to 90 percent from 50.
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IF Xstrata&#39;s Scotch CEO Mick Davis thought he could get WMC Resources on the cheap he now knows otherwise. The Swiss miner is offering $7.4 billion, or $6.35 a share, for Australia&#39;s third biggest resources company.
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Business & money: Rose's Â£8m deal for executives contrasted with 4.6% rise on shopfloor.
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Leeds were due to hold a board meeting today amid reports that a Â£25million takeover is close to completion. The Yorkshire Post reports that Sebastien Sainsbury, the great grandson of the founder of Sainsbury&#39;s
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John Stanhope, chief financial officer of Telstra Corp., speaks at a news conference from Melbourne about the company&#39;s offer to buy back shares for as much as A$4.
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Shares in the retailer (UK:HMV: news, chart, profile) were last up 3 percent to 253.5 pence in London trade. HMV said it will invest around 10 million pounds to launch and market the online digital music store
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United Breweries Limited has decided to enter into a partnership with Scottish &amp; Newcastle, S&amp;N. Under this agreement, S&amp;N will get 17.5% of UBL&#39;s stake through a preferential allotment for Rs 217 crore (Rs 2.17 billion), or Rs 575 per share.
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Coca-Cola Amatil is offering cash or shares in a scheme of arrangement that values the ordinary equity of SPC Ardmona at just over $480 million.