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Home sales bump, earnings send stock market higher
NEW YORK (AP) — On a day that brought both good and bad news about the economy, investors chose to see the glass as half-full. U.S. stocks edged higher Thursday, pushed up by a batch of bright earnings reports and encouraging news about home sales....
Tags: Real Estate, Money and Monetary Policy, Services and Shopping, Bethesda (Montgomery, Maryland), Economy, Business and Finance
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Hulu draws more bidders
Yahoo Inc., fresh off its $1.1-billion deal this week to acquire personal blogging site Tumblr, got in line Friday to pick up video streaming site Hulu. The late bid by the cash-rich Internet portal giant came on the same day that the Santa Monica...Tags: Social Media, NBC (tv network), Marketing, Online Advertising, Media Industry
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Abercrombie's decline in sales pummels its stock price
In a dour end to Abercrombie & Fitch Co.'s difficult week, the teen retailer watched its stock slide by the largest margin in months after it reported a double-digit sales decline. The company's same-store sales in the U.S. plunged 17% in the first...
Tags: Credit Ratings, Inventories
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Abercrombie & Fitch earnings stumble, stock slumps
Teen retailer Abercrombie & Fitch Co. stumbled hard in its first quarter, with same-store sales diving 15% and profit missing Wall Street’s expectations. The company, fresh off a mea culpa over Chief Executive Mike Jeffries’ controversial...
Tags: JC Penney Company Inc., Abercrombie & Fitch Company, Walmart, Inventories, Target
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Stimulus fears haunt share markets, dollar recovers
ReutersNEW YORK (Reuters) - Global equity markets slipped on Friday over worries the U.S. Federal Reserve may curb a stimulus program that has lifted stocks, while the dollar recovered against the euro after better-than-expected U.S. durable goods data for...Tags: Norfolk (Norfolk, Virginia), Hyundai Motor Co., Lisle, Seoul (South Korea), Services and Shopping
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Sears reports bigger-than-expected 1Q loss
NEW YORK (AP) — It was another ugly quarter for Sears Holdings Corp. The beleaguered department-store chain reported a steeper-than-expected loss for its first quarter on slumping sales. It also announced that it is considering selling its...Tags: JC Penney Company Inc., Mike Ullman, Target Brands, Inc., Hoffman Estates, Economy, Business and Finance
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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: Thomson Corporation, Earnings, New York & Company Incorporated
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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: Marvell Technology Group Limited, Thomson Corporation, Seagate Technology Holdings, Western Digital Corporation, Toshiba Corporation
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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: Thomson Corporation, Weather Reports, Manufacturing and Engineering, Weather, Heavy Engineering
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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: Thomson Corporation, Consumers, Consumer Confidence, Advertising, Sales
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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: Weather Reports, New Products, Mutual Funds, Economy, Business and Finance, Companies and Corporations
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Gap's 1st-quarter net income rises 43 percent on strong sales as turnaround continues
AP Retail WriterNEW YORK (AP) — After years of struggle, Gap is back in style. Gap Inc., which owns The Gap, Old Navy and Banana Republic clothing chains, on Thursday reported a 43 percent jump in its fiscal first-quarter net income, as the company continues to...Tags: The Gap, Fashion Trends, Consumers, Old Navy, Gap Inc.
Apr 26, 2012
|Story| AP Broadcast
May 25, 2013
|Story| Los Angeles Times
May 25, 2013
|Story| Los Angeles Times
May 24, 2013
|Story| Los Angeles Times
May 24, 2013
|Story| Reuters
May 24, 2013
|Story| Los Angeles Times
May 23, 2013
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May 23, 2013
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May 23, 2013
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May 23, 2013
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May 23, 2013
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May 23, 2013
|Story| AP Broadcast
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