Dec 17 (Reuters) - Canadian department store operator Hudson's Bay Co named former Toys R Us Inc Chief Executive Gerald Storch as its new CEO.
Storch, whose appointment is effective Jan. 6, replaces Richard Baker, who will continue as governor and executive chairman, the company said in a statement.
(Reporting by Ashutosh Pandey in Bengaluru; Editing by Saumyadeb Chakrabarty)
"We are not very ambitious. I should be careful about talking about work-life balance, but the Americans just work harder.”
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(Reuters) -AbbVie raised its annual profit forecast on Friday after strong sales of its immunology drug Skyrizi and cancer drug Imbruvica helped the company beat Wall Street estimates for the first quarter. Shares of AbbVie rose nearly 2.5% in premarket trading. The company now expects adjusted profit of between $11.13 and $11.33 per share for this year, compared with $10.97 to $11.17 estimated earlier.
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This company should continue to make millionaires, just as it has over the past two decades.
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