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Same-store sales plunge sinks Abercrombie shares
ReutersAbercrombie & Fitch Co. shares dropped as much as 10 percent Friday on weaker-than-expected same-store sales in the first quarter. The retailer's stock closed at $50.02, down 8 percent. Sales at stores open at least a year, combined with online sales,...Tags: Services and Shopping, Hardware, Thomson Corporation, American Eagle Outfitters Incorporated, Tools and Hardware
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Heavy discounting pinches Aeropostale's bottom line
ReutersMay 23 (Reuters) - Teen apparel retailer Aeropostale Inc reported a loss in the first quarter, compared with a profit last year, as it resorted to heavy discounting to clear shelves of unsold merchandise. The company reported a net loss of $12.2 million,... -
BRIEF-Aeropostale shares down 4.1 pct after the bell
ReutersNEW YORK, May 23 (Reuters) - Aeropostale Inc : * Shares down 4.1 percent after the bell following results -
Gap profit soars; Aeropostale first quarter sales plummet
Reuters(Reuters) - Gap Inc reported a higher first-quarter profit on Thursday, helped by a rise in same-store sales at its Old Navy and namesake chains, and growth in Asia. Gap has staged a comeback in the last few years, offering hipper fashions that have...Tags: Old Navy, Earnings Forecasts, Thomson Corporation, Gap Inc.
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The day ahead in business May 23
Reports: Initial jobless claims for week ended May 18, 7:30 a.m.; PMI manufacturing flash index for May, 7:58 a.m.; FHFA housing price index for March, 8 a.m.; New home sales for April, 9 a.m.; Mortgage rates for week ended May 23, 9 a.m.; Natural gas...
Tags: Sears Holdings Corp., Advance Auto Parts Incorporated, GameStop Corp., PrivateBancorp Incorporated, SABMiller plc
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Kids design T-shirts, hoodies and more for a cause on VeryMeri
A new website is putting kids’ creative power to use to help raise money for charity. VeryMeri asks children to design and submit artwork via online contests. The winning designs, voted on by the public, are featured on T-shirts, hoodies and...
Tags: Apple iPad, Fashion Square Mall
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Urban Outfitters sales miss Street estimates, shares fall
Reuters(Reuters) - Teen apparel retailer Urban Outfitters Inc's sales missed analysts' estimates even as reduced discounting helped shore up profit in the first quarter. Shares of the company fell as much as 4 percent to $42.77 in post-market trading on Monday....Tags: Morningstar Incorporated, Earnings Forecasts, Thomson Corporation, American Eagle Outfitters Incorporated, Stock Market
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U.S. RESEARCH ROUNDUP: Bank of America, BlackRock, Google
ReutersMay 20 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Bank of America and BlackRock, on Monday. HIGHLIGHTS * Bank of America Corp : KBW cuts to market perform from outperform *...Tags: Eaton Vance Corporation, Banking, Lions Gate Entertainment Corporation, Prudential Financial Incorporated, Prices
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It's Shopping Saturday! Save with our stupendous list of retail coupons
Sun SentinelIt's Shopping Saturday! Our ever-popular freebie free-for-all goes coupon crazy so you can save at the mall. Our list is packed with retail coupons, freebies, dining deals and fun things to do. Use it to save all weekend long! "Like" our Sentinel...Tags: Pizzas, Medical Procedures and Tests, Services and Shopping, Labor Legislation, Foursquare
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U.S. RESEARCH ROUNDUP: Home Depot, Gap, Anadarko Petroleum, Blackberry
ReutersMay 15 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Gap Inc and Blackberry, on Wednesday. HIGHLIGHTS * U.S. Energy Cos: Bernstein raises target price on Anadarko, others * Home...Tags: Devon Energy Corporation, Eaton Vance Corporation, NYSE Euronext, Inc., Rockwell Automation Inc., Chesapeake Energy Corp.
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U.S. RESEARCH ROUNDUP: AIG, Express Scripts, Eli Lilly, Carlyle Group
ReutersMay 13 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including AIG, Carlyle Group and Express Scripts, on Monday. HIGHLIGHTS * AIG : Barclays raises to overweight from equal weight -...Tags: Alliant Techsystems Inc., Penn National Gaming, Prices, Marketing, Dril-Quip Incorporated
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