Conn's Sees Headwinds in Credit Operations

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Furniture and appliance retailer Conn's reported lower-than-expected fiscal second-quarter earnings as more customers failed to make payments for its consumer credit division.

Dollar General Raises Family Dollar Bid to $9.1 Billion

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The battle for over U.S. retailing's discount aisle escalated, as Dollar General raised its bid for Family Dollar Stores and warned it could try a hostile takeover if its smaller rival doesn't agree to talks.

Danone's Riboud to Give Up CEO Post

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Danone said CEO Franck Riboud would step down from the job he has held at the French dairy company for 18 years. He will remain chairman.

Darden's Board Listing to Starboard

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The owner of the Olive Garden restaurant chain said it would raise the number of directors that activist investor Starboard Value can nominate, and replace another four board members.

'Sea Turtles' Travel Home to China

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Native executives who return home from overseas are prized by Chinese firms because they understand the nuances of Chinese culture and can draw upon Western practices to help their new employers expand.

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