27 Aug 2012 @ 14:53
High-end jewelry retailer, Tiffany & Co. (
NYSE:TIF) reported weaker-than-expected fiscal second-quarter results on Monday, with both earnings and revenue falling short of Street’s expectations as cost conscious consumers in the wake economic uncertainty spent thriftily on luxury shopping.
25 Aug 2012 @ 10:06
Navistar (
NYSE:NAV), the truck and diesel engine manufacturing giant and holding company asked for the resignation of CEO Dan Ustian in an effort to regain a vestige of investor confidence in the company that has faltered so dramatically in the past two years. The share price closed today at $23.32, up a slight 0.34 cents […]
23 Aug 2012 @ 15:23
Food processing company, Hormel Foods Corp. (
NYSE:HRL) reported a 13% jump in fiscal third-quarter earnings as its sales continued to soar.
22 Aug 2012 @ 15:41
Luxury home builder, Toll Brothers Inc. (
NYSE:TOL) reported stronger-than-expected fiscal third-quarter earnings as its revenue for the period leaped 41 % amid strongest demand across all geographical regions in preceding five years.
22 Aug 2012 @ 15:40
Specialty retailer, Chico’s FAS Inc.’s (
NYSE:CHS) fiscal second-quarter earnings surpassed Street’s expectations as improved styles and pulsating designs helped the company to sell products at full prices.
21 Aug 2012 @ 16:00
Book seller Barnes & Noble Inc.’s (
NYSE:BKS) stock leaped almost 5 % in early trading on Tuesday after the company reported lower-than-expected first-quarter loss thanks to strong sales generated from its digital content segment. The company also posted better-than-expected revenue.
20 Aug 2012 @ 19:27
Hoping to revive its flagging business, consumer electronics retailer Best Buy Co. Inc. (
NYSE:BBY) has appointed Hubert Joly as its new CEO. Before accepting BBY’s offer, Joly was serving as CEO at hospitality and restaurant company Carlson.
20 Aug 2012 @ 15:39
Home improvement retailer, Lowe’s Companies Inc.’s (
NYSE:LOW) stock slumped 8% in pre-market trading on Monday following the release of weaker-than-expected second-quarter results.
17 Aug 2012 @ 14:36
Clothing retailer Gap Inc. (
NYSE:GAP) posted stronger-than-expected earnings and sales in its fiscal second quarter as the demand for its products continued to climb from its established North American stores.
16 Aug 2012 @ 15:04
World’s largest retail chain, Wal-Mart Stores Inc. (
NYSE:WMT) posted better-than-expected second-quarter earnings but warned that full-year earnings could fall short of analysts’ estimations as consumers are still unwilling to spend amid economic slowdown.
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