Guangzhou

New York -- Costco Wholesale appears to be eyeing China's online commerce market, according to published reports. The Southern Metropolis Daily, a newspaper based in the southern Chinese city of Guangzhou, reported Thursday that the Issaquah,...

/PRNewswire/ -- Under Armour, Inc. (NYSE: UA) today announced that its Board of Directors has approved a two-for-one stock split of its outstanding common stock. The stock split will be effected in the form of a dividend of one share of Class A Common Stock for each share of Class A Common Stock outstanding and one share of Class B Common Stock for each share of Class B Common Stock outstanding. The additional shares issued as a result of the stock split will be distributed on or about July 9, 2012 to stockholders of record on June 25, 2012.

Wal-Mart announced today that it's reached an agreement to acquire a minority stake in the holding company of Yihaodian, a fast-growing e-commerce company in China. The transaction is expected to close within 60 days.