8:03pm

JC Penney: underwhelming overhaul

J.C. Penney logo

Switch from constantly changing promotions appears to have overlooked a fondness for disorder

5:29pm

Richemont: glittering prizes

With emerging market demand driving sales, the challenge is to maintain high earnings momentum

Cooking 6:42pm

Compass: hearty fare

The caterer has produced another generous serving but might need to watch Sodexo’s offering

6:10pm

Eon: load-shedding

Sale relieves the utility of OGE’s high capital spending needs and of another low-return unit

Chinese port PICN 6:59pm

Container shipping: boxed in

After a brief rally, the industry’s downturn has resumed with a rash of gloomy updates

May 15, 2012

Bank capital rules: one step at a time

Compromise giving national governments reasonable flexibility amounts to progress, but at a price

Avon products May 15, 2012

Coty / Avon: slap dash

End of limp bid for cosmetics seller raises the question of which company made itself look worse

May 15, 2012

Chesapeake: in the sights

The role of the company founder and chief executive is finally getting the attention it deserves

A Siemens AG employee assembles a component for gas turbine propellers ©Bloomberg May 15, 2012

Germany: model citizens

Economic juggernaut powers ahead and helps the eurozone avoid a recession

May 15, 2012

Japan’s megabanks: travel time

The lenders have ventured overseas before and suffered but another visit might be timely

Lex live

Highlights