After reporting earnings last night that fell far short of the consensus estimate, Aeropostale Inc. (NYSE: ARO) shares are down this morning after the company lowered its fourth-quarter outlook significantly below expectations…
ThinkstockThere is a nearly endless number of criteria that measure how well CEOs perform, whether they are paid fairly, and what metrics should be used for determining chief executive compensation. One yardstick…
ThinkstockAbercrombie & Fitch (NYSE: ANF) posted an unusually strong quarter, and its stock rose from $31 to $42 in two days as a result. CEO Mike Jeffries took much of the credit, as…
Douglas A. McIntyre Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Thursday. Abercrombie & Fitch Co. (NYSE: ANF) raised to Outperform at William Blair…
courtesy of AOLAs a Justice Department investigation of Deepwater Horizon continues, BP PLC (NYSE: BP) may pay a record fine for the results of the disaster. (Reuters) Qatar says it would back…
U.S. equity markets opened higher this morning, but the three major indexes fell below the neutral line after the first hour or so of trading. In Europe, Greece said its GDP contracted…
The stock market is down Wednesday, with the Dow Jones Industrial Average down 0.62%, the Nasdaq down 0.41% and the S&P 500 down 0.56%. Today’s winners are a retailer reporting strong earnings, an…
thinkstockShares of Abercrombie & Fitch Co. (NYSE: ANF) surged this morning on much better-than-expected earnings results for the fiscal third quarter. The specialty retailer of casual apparel posted adjusted earnings per share…
Trey Thoelcke U.S. equity markets opened lower this morning on softness in Asian markets and another punt in the eurozone. In Asia, China is rumored to be ready to expand its property tax program,…
thinkstockAs third quarter earnings results continue to pour in, overall earnings have been decidedly weaker. According to research firm Retail Metrics, the blended S&P 500 earnings growth rate for the third quarter…
If a retail company gets in trouble or starts to lag on its growth and business model, it seems like the great response is always a chance of a private equity-led buyout.…
More change is coming to Abercrombie & Fitch Co. (NYSE: ANF). Well, maybe. After yesterday’s news reports that it had hired Goldman Sachs to seek strategic alternatives, shares shot up to $38…
Jon C. Ogg The three major U.S. stock indexes opened flat this morning as world markets didn’t want to jump the gun on today’s announcement from the FOMC. The report on new claims for unemployment…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday. Abercrombie & Fitch Co. (NYSE: ANF) started as Sell at Citigroup. Allergan Inc.…
Retail sales have been soft since early summer, and August doesn’t appear to be a get-well month for retailers either. Research firm Retail Metrics projects that August sales will rise just 1.7%…
