Business

May 24, 2013 - 4:01 pm UTC
Posted in: Business

Abercrombie & Fitch cuts profit forecast as sales crater – Reuters

New York Daily NewsAbercrombie & Fitch cuts profit forecast as sales craterReutersBy Phil Wahba. Fri May 24, 2013 11:12am EDT. (Reuters) - Abercrombie & Fitch Co (ANF.N) on Friday reported a s

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May 24, 2013 - 3:44 pm UTC
Posted in: Business

Hedge fund guru says moms and trading don’t mix – CNNMoney

New York TimesHedge fund guru says moms and trading don't mixCNNMoneyLeaning in may work for women in the world of tech. But if you're a woman who wants to balance trading and a family, one he

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May 24, 2013 - 3:38 pm UTC
Posted in: Business

Crack in Metro-North Tracks Repaired at Train Derailment – Bloomberg

W*USA 9Crack in Metro-North Tracks Repaired at Train DerailmentBloombergThe rails where a Metro-North Railroad train derailed May 17 in Connecticut had been repaired a month before the accident that s

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May 24, 2013 - 3:17 pm UTC
Posted in: Business

Sears Bonds Drop Below Par After $279 Million Quarterly Loss – Bloomberg

Sears Bonds Drop Below Par After $279 Million Quarterly LossBloombergBonds of Sears Holdings Corp. (SHLD) plunged to less than par after the retailer controlled by hedge-fund manager Edward Lampert re

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May 24, 2013 - 3:04 pm UTC
Posted in: Business

List: Toyota tops BMW as world’s top auto brand – USA TODAY

Myjoyonline.comList: Toyota tops BMW as world's top auto brandUSA TODAYToyota has passed BMW in a ranking of the world's most valuable brands. The list was put together by a keeper of such sco

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May 24, 2013 - 2:13 pm UTC
Posted in: Business

Stocks trading lower at week’s end – USA TODAY

MiamiHerald.comStocks trading lower at week's endUSA TODAYBenchmark stock indexes were trading lower Friday morning as markets in Japan saw heightened volatility. The Dow Jones industrial average

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May 24, 2013 - 2:03 pm UTC
Posted in: Business

Orders for U.S. Durable Goods Rose More Than Forecast in April – Bloomberg

BloombergOrders for U.S. Durable Goods Rose More Than Forecast in AprilBloombergOrders for U.S. durable goods increased more than forecast in April, pointing to gains in business investment that will

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May 24, 2013 - 2:01 pm UTC
Posted in: Business

Rinse and Repeat Could Clean Up P&G – Wall Street Journal

Rinse and Repeat Could Clean Up P&GWall Street JournalProcter & Gamble just made an unusual admission: It didn't truly earn the recent rally in its stock price. Shares of the consumer-prod

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May 24, 2013 - 2:00 pm UTC
Posted in: Business

Sears shares down nearly 17% in premarket trading – Chicago Tribune

San Francisco ChronicleSears shares down nearly 17% in premarket tradingChicago TribuneReuters—. Shares of the Sears Holdings Corp. were down 17.3 percent to $48.10 before the bell Friday after the

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May 24, 2013 - 1:14 pm UTC
Posted in: Business

Abercrombie Plunges Amid Disappointing Earnings, Lowers Guidance – TheStreet.com

TheGlossAbercrombie Plunges Amid Disappointing Earnings, Lowers GuidanceTheStreet.comNEW YORK (TheStreet) - Abercrombie & Fitch (ANF), the provocative teen retailer embroiled in controversy over r

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May 24, 2013 - 12:08 pm UTC
Posted in: Business

Analysis: German economy to pick up but fall short of traditional pace – Fox Business

Economic TimesAnalysis: German economy to pick up but fall short of traditional paceFox BusinessBERLIN – Germany's economy will recover from a bout of winter weakness but fall well short of the

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May 24, 2013 - 12:00 pm UTC
Posted in: Business

Volatile Tokyo instils global equity angst – Financial Times

The GuardianVolatile Tokyo instils global equity angstFinancial TimesFriday 14:30 BST. Japanese stocks closed higher, but only after another extremely volatile session leaked uncertainty into global e

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May 24, 2013 - 11:55 am UTC
Posted in: Business

Euro Gains as German Ifo Damps Easing Prospects – CNBC.com

www.worldbulletin.netEuro Gains as German Ifo Damps Easing ProspectsCNBC.comThe euro rose on Friday after a German business sentiment survey beat forecasts, suggesting Europe's largest economy is

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May 24, 2013 - 11:53 am UTC
Posted in: Business

Ackman wins, P&G dumps CEO – CNN

Economic TimesAckman wins, P&G dumps CEOCNNUnder pressure from activist hedge fund manager Bill Ackman, Procter & Gamble has replaced Chairman and CEO Bob McDonald with its former chief. The n

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May 24, 2013 - 11:51 am UTC
Posted in: Business

Futures fall, Wall Street set for weekly decline – Reuters

Philly.comFutures fall, Wall Street set for weekly declineReutersBy Rodrigo Campos. NEW YORK | Fri May 24, 2013 8:16am EDT. NEW YORK (Reuters) - Stock index futures fell on Friday, setting up Wall Str

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May 24, 2013 - 11:37 am UTC
Posted in: Business

Sears stock slides 12% in premarket trade – MarketWatch

San Francisco ChronicleSears stock slides 12% in premarket tradeMarketWatchNEW YORK (MarketWatch) — Shares of Sears Holdings Corp. plunged 12.4% in light premarket trading Friday after the company r

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