Luxury baggage maker Tumi Holdings, Inc. has set the terms for its proposed initial public offering. The company now plans to sell 18,779,865 shares in a price range of $15 to $17 each and it…
The board of directors of Avon Products Inc. (NYSE: AVP) have named Sherilyn McCoy as the company’s new CEO. McCoy has spent virtually her entire professional career with Johnson & Johnson (NYSE: JNJ), where…
Acuity Brands Inc. (NYSE: AYI), a making of lighting fixtures, reported fiscal second-quarter results this morning, and the company’s net earnings are down about -2% from the same period a year ago. The company’s…
The research firm Retail Metrics is out signaling better than expected retail sales should be the norm this week when companies report their March same-store sales figures. The report noted that February sales and…
The data from the Chicago Purchasing Managers Index was all heading the wrong way, but don’t bother telling that to the survey results from the University of Michigan on Consumer Sentiment. Maybe this coincides…
The revision for Gross Domestic Product is out and investors need to keep in mind that this is the third look at the fourth quarter GDP for 2011. Bloomberg had a consensus target of…
CafePress Inc. (NASDAQ: PRSS) is set to debut on the stock market today after pricing its initial public offering. The on-demand printing e-commerce site sells items such as tee-shirts, coffee mugs, key chains, posters, and…
Family Dollar Stores, Inc. (NYSE: FDO) may be trading up after its earnings, but there is a call of caution that needs to be highlighted. Bank of America Merrill Lynch has downgraded the dollar…
Dollar General Corporation (NYSE: DG) was previously in the news for announcing a secondary offering of 25 million shares.  The offering has now priced at what seems a fair discount for the new share…
The report on February’s durable goods rose again, albeit at a slower pace than expected. Orders rose by 2.2% to a seasonally adjusted $211.77 billion in a report from the Commerce Department. Dow Jones…
Dollar General Corporation (NYSE: DG) is holding a public secondary offering of 25 million shares which are being sold by private equity backers who still own a large part of the company. The king…
The light beer revolution that was launched in the mid-1970s has been having a rough time lately. Though the global market for light beet remains around $50 billion annually, beer sales in general and…
Weight Watchers International Inc. (NYSE: WTW) managed a success with its dutch tender offer to repurchase shares out of the public float. The company now is going to repurchase about 12% of its outstanding…
Diamond Foods, Inc. (NASDAQ: DMND) is adding insult to injury this morning. The company was never known for its great dividend, but the company is suspending its dividend in an order to conserve capital. …
The Conference Board’s index of leading indicators for the month of February has been released and the February figure shows a reading of +0.7%. Bloomberg had a consensus reading of +0.6%. This was one…