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19 Dec 2012
Citycon Buys Biggest Mall to Boost Shopping Presence in Sweden

Citycon Oyj (CTY1S), Finlands second- largest real estate company, and the Canada Pension Plan Investment Board agreed to buy a shopping mall outside Stockholm for 4.6 billion kronor ($704 million).  / Source: bloomberg

18 Dec 2012
McDonald's COO urges franchisees to open on Christmas: Ad Age

McDonald's Corp (MCD.N) is urging U.S. restaurant owners to take the unusual step of opening on Christmas Day to deliver the world's biggest hamburger chain with the gift of higher December sales, AdvertsingAge reported on Monday. / Source: reuters

17 Dec 2012
H&M November Sales Beat Estimates After Margiela Line Debut

Hennes & Mauritz AB (HMB), Europes second-largest clothing retailer, reported November sales that beat analysts estimates after a designer collection went on sale midway through the month. / Source: bloomberg

14 Dec 2012
Migros plays down Wal-Mart report

Turkish retailer Migros Ticaret AS (MGROS.IS) poured cold water on a report that Wal-Mart Stores Inc (WMT.N) was in talks to buy an 80 percent stake, sending its shares lower after an initial spurt on Thursday. / Source: reuters

13 Dec 2012
Avon to Cut 1,500 Jobs; Exit South Korea, Vietnam

Avon Products Inc. (AVP), the worlds largest door-to-door cosmetics seller, will cut about 1,500 jobs globally and exit South Korea and Vietnam as part of plan to save $400 million by the end of 2015. / Source: bloomberg

13 Dec 2012
Billionaire Gokongwei to Join Magnate Okada in New Casino

Billionaire John Gokongwei will become a partner of Japanese pachinko magnate Kazuo Okada to build a Manila casino, projected to cost more than $2 billion in what would be the biggest such investment in the Philippines.  / Source: bloomberg

12 Dec 2012
PPR Aims to Buy More Chinese Brands After Adding Qeelin

PPR SA (PP) bought a majority stake in Chinese jeweler Qeelin for an undisclosed price and said it is looking to make more acquisitions in the Asian nation to bolster growth in its largest market for high-end goods.  / Source: bloomberg

12 Dec 2012
Germany to Sell Real Estate to Lone Star for $1.4 Billion

The German government agreed to sell TLG Immobilien, a company that owns about 800 buildings in the countrys eastern states, to Lone Star Funds for 1.1 billion euros ($1.4 billion) including debt. Its the countrys biggest commercial-property deal of the year. / Source: bloomberg

11 Dec 2012
McDonalds Posts Surprise Monthly Store Sales Gain in U.S.

McDonalds Corp. (MCD) posted a surprise gain in U.S. same-store sales last month after a decline in October as the worlds largest restaurant chain increased advertising for less expensive items.  / Source: bloomberg

10 Dec 2012
Suntory Weighs Takeover of Whiskey-Maker Beam, Official Says

Suntory Holdings Ltd., the closely held Japanese whiskey and beer maker, is exploring the possibility of making an offer for the U.S. distiller Beam Inc. (BEAM), according to an official of the Osaka-based company.  / Source: bloomberg

10 Dec 2012
DBS to Pay S$1.04 Billion for Stake in Marina Bay Tower

DBS Group Holdings Ltd. (DBS) agreed to buy a 30 percent stake in Singapores Marina Bay Financial Centre Tower 3, where the move of its headquarters was completed in October, for S$1.04 billion ($850 million) in cash.  / Source: bloomberg

07 Dec 2012
Apple to Invest in Manufacturing Macs in U.S., Cook Says

Apple Inc. (AAPL) plans to spend more than $100 million next year on building Mac computers in the U.S., shifting a small portion of manufacturing away from China, the country that has handled assembly of its products for years.  / Source: bloomberg

06 Dec 2012
Starbucks to Open 3,000 Stores in Americas Region by 2017

Starbucks Corp. (SBUX) plans to open 3,000 locations in the Americas region by 2017 as the worlds largest coffee-shop operator accelerates development in the U.S., where store count has stagnated. / Source: bloomberg

05 Dec 2012
Romney Joins Marriott Board After Losing Presidential Bid

Mitt Romney, this years Republican nominee for U.S. president, rejoined Marriott International Inc. (MAR)s board today, the hotelier said. / Source: bloomberg

05 Dec 2012
Nokia to Sell Finnish Headquarters to Improve Profit

Nokia Oyj (NOK1V) agreed to sell its headquarters as the struggling Finnish mobile-phone maker works to improve profitability by divesting assets.  / Source: bloomberg

04 Dec 2012
Italian designers Dolce & Gabbana tax trial kicks off

Fashion designers Domenico Dolce and Stefano Gabbana, who count pop star Madonna and model Naomi Campbell among their clients, went on trial on Monday for alleged tax evasion in one of the most prominent tax cases involving celebrities in Italy. / Source: reuters

04 Dec 2012
SL Green Agrees to Buy Brooklyn, NY, Apartment Building

SL Green Realty Corp. (SLG), New York Citys biggest office landlord, agreed to buy a recently completed apartment building in Brooklyn for its first residential investment in the borough.  / Source: bloomberg

03 Dec 2012
Metro Sells East Europe Stores to Auchan for $1.4 Billion

Metro AG (MEO), Germanys biggest retailer, agreed to sell its Real grocery stores in eastern Europe to Groupe Auchan SA of France for 1.1 billion euros ($1.4 billion) in Chief Executive Officer Olaf Kochs first big deal since taking the helm. / Source: bloomberg

03 Dec 2012
Blackstone to Buy Apple REIT Six in $1.2 Billion Purchase

A Blackstone Group LP (BX) affiliate agreed to buy Apple REIT Six Inc., a real estate investment trust focused on hotels, in a $1.2 billion deal as the private- equity firm expands its hospitality holdings. / Source: bloomberg

30 Nov 2012
Metro Said to be Near Sale of East European Stores

Metro AG (MEO), Germanys biggest retailer, is near an agreement to sell its Real grocery stores in eastern Europe to Groupe Auchan SA of France for about 1 billion euros ($1.3 billion), according to two people familiar with the negotiations. / Source: bloomberg

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