Target Corp
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Welspun to closely monitor its Egyptian cotton business
The Egyptian cotton imbroglio hit the company hard and led to a net loss in the quarter ended September 30 from an otherwise healthy profit last year.
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Welspun to closely monitor its Egyptian cotton business
The Egyptian cotton imbroglio hit the company hard and led to a net loss in the quarter ended September 30 from an otherwise healthy profit last year.
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Target Removes CEO Steinhafel in Wake of Cyber Attack
Target Corp removed chairman and chief executive Gregg Steinhafel on Monday in the wake of a devastating data breach that hurt the No. 3 US retailer's profits, shook customer confidence in the company and prompted congressional hearings.
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Hackers Raid eBay in Historic Breach, Access 145 million Records
EBay spokeswoman Amanda Miller told Reuters late on Wednesday that those passwords were encrypted and that the company had no reason to believe the hackers had broken the code that scrambled them.
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US Companies Seek Cyber Experts for Top Jobs, Board Seats
Some of the largest US companies are looking to hire cyber-security experts in newly elevated positions and bring technologists on to their boards, a sign that corporate America is increasingly worried about hacking threats.
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Amazon Will Buy Target This Year, Gene Munster Predicts
Amazon’s shake-up of the retail landscape may not be over.
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Welspun to closely monitor its Egyptian cotton business
The Egyptian cotton imbroglio hit the company hard and led to a net loss in the quarter ended September 30 from an otherwise healthy profit last year.
-
US Consumers Sue Welspun On Cheap Sheets As Fallout Widens
Two class-action lawsuits have been filed against Welspun India Ltd. that allege the company fraudulently labeled its bed sheets and towels as premium Egyptian cotton, the latest setback for the supplier after Target Corp. cut ties with the manufacturer over the same issue.
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Welspun India Recovers After Slumping 5% As Wal-Mart Pulls Out Products
Welspun India shares pulled back after slumping 5 per cent to Rs 54 at days lows. In noon trade, shares of Welspun India were up 1.3 per cent at Rs 57.50.
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Welspun India Rebounds After Nearly 50% Fall In Four Days
Welspun India stock has plunged 48 per cent this week. In all, about $740 million in market value has been vaporized along the way.
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More US Retailers Probing Welspun Over Alleged Phony Egyptian Cotton
US retailer Bed Bath & Beyond on Wednesday said it ordered an external audit of textiles from Welspun India, after Target Corp last week accused the Indian manufacturer of passing off cheap sheets as premium Egyptian cotton for two years.
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Welspun India Shares Crash 48% Fall In 4 Days: Should You Buy?
Welspun India shares were locked down in lower circuit for the fourth straight session on Thursday. Shares of one of the world's largest textile manufacturers have shed nearly 50 per cent of their value since Monday, leading to a market cap erosion of over Rs 4,500 crore.
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Wal-Mart Reviewing Cotton Certification Records Of Welspun
Global retail giant Wal-Mart is reviewing cotton certification records of Welspun India in the wake of Target Corporation's decision to terminate contract with the Gujarat-based textiles maker over alleged lapses in products supplied to it.
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After Target, Wal-Mart, JC Penny Review Welspun Products; Shares Extend Slide
Welspun India shares were locked down in lower circuit for the third straight session on Wednesday, though in some relief for investors, the stock fell 10 per cent today, following the revision in circuit limit from 20 per cent to 10 per cent.
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Welspun India Plummets Again On Contagion Fears In Cotton Sheet Dispute
Welspun India's shares plunged 20 per cent for a second day on Tuesday, as the fallout from Target Corp's decision to terminate business with the firm for passing off cheap sheets as premium Egyptian cotton escalated.
-
Welspun to closely monitor its Egyptian cotton business
The Egyptian cotton imbroglio hit the company hard and led to a net loss in the quarter ended September 30 from an otherwise healthy profit last year.
-
Welspun to closely monitor its Egyptian cotton business
The Egyptian cotton imbroglio hit the company hard and led to a net loss in the quarter ended September 30 from an otherwise healthy profit last year.
-
Target Removes CEO Steinhafel in Wake of Cyber Attack
Target Corp removed chairman and chief executive Gregg Steinhafel on Monday in the wake of a devastating data breach that hurt the No. 3 US retailer's profits, shook customer confidence in the company and prompted congressional hearings.
-
Hackers Raid eBay in Historic Breach, Access 145 million Records
EBay spokeswoman Amanda Miller told Reuters late on Wednesday that those passwords were encrypted and that the company had no reason to believe the hackers had broken the code that scrambled them.
-
US Companies Seek Cyber Experts for Top Jobs, Board Seats
Some of the largest US companies are looking to hire cyber-security experts in newly elevated positions and bring technologists on to their boards, a sign that corporate America is increasingly worried about hacking threats.
-
Amazon Will Buy Target This Year, Gene Munster Predicts
Amazon’s shake-up of the retail landscape may not be over.
-
Welspun to closely monitor its Egyptian cotton business
The Egyptian cotton imbroglio hit the company hard and led to a net loss in the quarter ended September 30 from an otherwise healthy profit last year.
-
US Consumers Sue Welspun On Cheap Sheets As Fallout Widens
Two class-action lawsuits have been filed against Welspun India Ltd. that allege the company fraudulently labeled its bed sheets and towels as premium Egyptian cotton, the latest setback for the supplier after Target Corp. cut ties with the manufacturer over the same issue.
-
Welspun India Recovers After Slumping 5% As Wal-Mart Pulls Out Products
Welspun India shares pulled back after slumping 5 per cent to Rs 54 at days lows. In noon trade, shares of Welspun India were up 1.3 per cent at Rs 57.50.
-
Welspun India Rebounds After Nearly 50% Fall In Four Days
Welspun India stock has plunged 48 per cent this week. In all, about $740 million in market value has been vaporized along the way.
-
More US Retailers Probing Welspun Over Alleged Phony Egyptian Cotton
US retailer Bed Bath & Beyond on Wednesday said it ordered an external audit of textiles from Welspun India, after Target Corp last week accused the Indian manufacturer of passing off cheap sheets as premium Egyptian cotton for two years.
-
Welspun India Shares Crash 48% Fall In 4 Days: Should You Buy?
Welspun India shares were locked down in lower circuit for the fourth straight session on Thursday. Shares of one of the world's largest textile manufacturers have shed nearly 50 per cent of their value since Monday, leading to a market cap erosion of over Rs 4,500 crore.
-
Wal-Mart Reviewing Cotton Certification Records Of Welspun
Global retail giant Wal-Mart is reviewing cotton certification records of Welspun India in the wake of Target Corporation's decision to terminate contract with the Gujarat-based textiles maker over alleged lapses in products supplied to it.
-
After Target, Wal-Mart, JC Penny Review Welspun Products; Shares Extend Slide
Welspun India shares were locked down in lower circuit for the third straight session on Wednesday, though in some relief for investors, the stock fell 10 per cent today, following the revision in circuit limit from 20 per cent to 10 per cent.
-
Welspun India Plummets Again On Contagion Fears In Cotton Sheet Dispute
Welspun India's shares plunged 20 per cent for a second day on Tuesday, as the fallout from Target Corp's decision to terminate business with the firm for passing off cheap sheets as premium Egyptian cotton escalated.
