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Reynolds American 4Q profit jumps, but misses forecasts

NEW YORK— Cigarette maker Reynolds American's fourth-quarter profit shot up 89 percent compared to the final quarter of 2014, when earnings fell due to some one-time costs. That's up from $148 million a year ago when it booked pension charges and other costs ahead of last year's closing of its $25- billion takeover of Newport seller Lorillard Inc..
Source: The Associated Press
Reynolds American misses 4Q profit forecasts

WINSTON SALEM, N.C. _ Reynolds American Inc. on Thursday reported fourth-quarter net income of $279 million. Reynolds American expects full-year earnings in the range of $2.25 to $2.35 per share. Reynolds American shares have increased roughly 3 percent since the beginning of the year, while the Standard& Poor's 500 index has dropped slightly more than 9...
Source: The Associated Press
JC Penney pursues sale of home office campus

J.C. Penney said it is pursuing the potential sale and partial leaseback of its headquarters building in Plano, Texas in an effort to cut costs.
Source: Reuters
How millennials can plan for retirement

Despite the stereotypes, Millennials can start building up their retirement nest egg today if they plan wisely, USA TODAY reports.
Source: USA Today | By: Jeff Reeves
UPDATE 2-Mall operator CEO backtracks on comments about Amazon bookstores

Sandeep Mathrani, chief executive of Chicago- based General Growth Properties Inc, which owns and leases retail mall properties, said on his company's earnings call with analysts on Tuesday that Amazon had plans to open "300 to 400 bookstores." Kevin Berry, the vice president of investor relations at General Growth, declined to elaborate further.
Source: Reuters
UPDATE 1-Mall operator CEO clarifies comments on Amazon bookstores

Sandeep Mathrani, the chief executive of Chicago- based General Growth Properties Inc, which owns and leases retail mall properties, said on his company's earnings call with analysts on Tuesday that Amazon had plans to open "300 to 400 bookstores." Amazon opened a bookstore in its home city of Seattle in November. Amazon's bookstore in Seattle carries books...
Source: Reuters
Amazon not opening bookstores after all?  

The mall operator behind the story of Amazon planning to open physical bookstores is walking back his comments.
Source: CNBC.com
Mall CEO clarifies Amazon stores comment

After suggesting on Tuesday that Amazon may be opening hundreds of physical bookstores, General Growth Properties' CEO clarified his statement.
Source: CNBC.com | By: CNBC.com staff
Amazon keeps mum on bookstore speculation

In a call with analysts on Tuesday, Sandeep Mathrani, the CEO of mall operator General Growth Properties, said in an offhand comment related to a question about holiday traffic that Amazon had plans to open 300 or 400 bookstores. Amazon operates one bookstore in Seattle and about five staffed pickup locations for textbooks at universities, with plans for two...
Source: The Associated Press
Amazon to open hundreds of bookstores  

The online retailer is planning to open brick-and-mortar bookstores, according to a large mall CEO who spoke to Dow Jones.
Source: CNBC.com