News Column

Story stocks

August 20, 2014



PetSmart

Price:$70.52

Chg:+$0.82

% chg: +1.2

Day's high/low:

$71.43/$69.11

The leading pet supplies retailer says it's exploring a possible sale of the company, as well as other "strategic alternatives." PetSmart has faced growing competition from online retailers.

International Rectifier

German chipmaker Infineon is buying the maker of power management devices for $3 billion, or $40 a share in cash.

Hertz

The car rental company withdrew its financial guidance, blaming the expense of auditing. It also said it might have to put off the sale of its equipment rental business until 2015





For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: USA Today


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters