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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, Gap Inc., Aeropostale Inc.
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REFILE-BRIEF-New York & Co reports Q1 earnings per share $0.03
ReutersMay 23 (Reuters) - New York & Co Inc : * Announces first quarter 2013 EPS of $0.03 * Q1 earnings per share $0.03 * Q1 same store sales fell 2 percent * Q1 earnings per share view $-0.07 -- Thomson Reuters I/B/E/S * Q1 sales $227.5 million versus I/B/E/S...Tags: Earnings, Quarterly or Semiannual Financial Statements, New York & Company Incorporated
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Icahn seeks up to $7 billion for Dell bid
ReutersNEW YORK (Reuters) - Activist investor Carl Icahn and Southeastern Asset Management Inc have initiated talks with banks and asset managers to line up commitments for as much as $7 billion in bridge loans to back their leveraged recapitalization proposal...Tags: Gold and Precious Material, Companies and Corporations, Microsoft Corporation, Silver Lake (Staten Island, New York), Shareholders
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Marvell forecast beats estimates; shares rise
Reuters(Reuters) - Chipmaker Marvell Technology Group Ltd forecast current-quarter revenue above analysts' expectations and reported first-quarter results that beat estimates on high demand for its storage and networking chips. Marvell's shares rose almost 9...Tags: Earnings Forecasts, Quarterly or Semiannual Financial Statements, Toshiba Corporation, Marvell Technology Group Limited, Western Digital Corporation
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U.S. muni bond fund inflows shrink to $63.46 million: Lipper
Reuters(Reuters) - U.S. municipal bond funds posted net inflows of $63.46 million in the week ended May 22, down from the $306.31 million recorded in the previous week, according to data released by Lipper on Thursday. The latest week marked the third in a...Tags: Mutual Funds, Finance, Economy, Business and Finance
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COMMODITIES-Oil cuts loss, shadowing Wall St rebound; copper down
Reuters* Oil erases bulk of early loss, rebounding with US stocks * Gold up after Fed official says no hurry to ditch stimulus * Copper slumps on weak China manufacturing activity data * Soybeans hits 8-month high; coffee, raw sugar up too By Barani Krishnan...Tags: Gold and Precious Material, China, Central Bank, Ben Bernanke, Holidays
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Infoblox profit forecast beats estimates, shares rise
Reuters(Reuters) - Infoblox Inc reported a better-than-expected quarterly profit on higher demand for its network automation products and forecast current-quarter earnings above analysts' estimates. Shares of the Santa Clara, California-based company rose 15...Tags: Human Mishaps, Vodafone Group Plc, Earnings Forecasts, Companies and Corporations, Verizon Communications
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Wet spring, weak construction drag Titan Machinery to loss
Reuters(Reuters) - Farm equipment retailer Titan Machinery Inc said it expects to report a quarterly loss as demand was hit by a wet spring weather in the United States that delayed corn plantations, sending its shares down 12 percent in extended trade. Titan...Tags: Manufacturing and Engineering, Machine Manufacturing, Earnings Forecasts, Companies and Corporations, Quarterly or Semiannual Financial Statements
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Angie's List eyes 'year of transition' as cashflow turns positive
Reuters(Reuters) - Angie's List Inc expects cashflow to turn positive this year as it spends less on acquiring new paid customers for its consumer review website, the company's co-founder said, fending off criticism of its business model by short-seller Citron...Tags: Business, Yelp, Inc., Quarterly or Semiannual Financial Statements, Marketing, Consumers
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Ganancia de Gap se dispara en 1er. trimestre
Reuters23 mayo (Reuters) - Gap Inc reportó el jueves una ganancia en el primer trimestre mayor a la esperada, ayudada por un incremento en las ventas comparables en sus tiendas homónimas y en Old Navy, y por un crecimiento en Asia. Gap ha tenido un...Tags: Gap Inc.
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Minorista Sears reporta pérdidas por clima frío en EEUU; acciones caen
ReutersMayo 23 (Reuters) - La cadena minorista estadounidense Sears Holdings reportó una pérdida trimestral mayor a la esperada debido a que un clima más frío afectó las ventas en sus tiendas, lo que indica que el cambio radical de la compañía podría... -
Sears losses mount, weighs sale of unit to shore up liquidity
Reuters(Reuters) - U.S. retailer Sears Holdings cast bigger doubts on the progress of its turnaround after reporting a bigger-than-expected quarterly loss, hurt by cooler spring weather. Shares of the company, which also said it was considering selling its...Tags: Sears Holdings Corp., Companies and Corporations, Mutual Funds, Quarterly or Semiannual Financial Statements, Inventories
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