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Abercrombie & Fitch (NYSE: ANF) announced on Thursday that its same-store sales plummeted 29% in August. These results were worse than the expected drop of 23.9%.
Sales in all of its divisions were worse than expected, with sales at the Abercro...
Retail giant Kohl's reported second-quarter earnings this morning, saying they fell 3% due to higher expenses. Despite the drop, KSS managed to top expectations with the latest results.
KSS pulled in 75 cents per share for the quart...
Royal Caribbean Cruises stock is falling today after the company reported a second-quarter loss of $35.1 million, or 16 cents per share, worse than analysts' forecasts of a loss of 13 cents per share. RCL also forecast ...
Oil firm ConocoPhillips reported second-quarter earnings of 87 cents per share this morning, barely edging the consensus estimate calling for 85 cents per share. Despite topping the consensus estimate, the results fell well short of last ...
As Melly Alazraki noted earlier today, McDonald's Corp. is one of many heavy hitters to take the earnings stage today. Unfortunately, the fast-food firm didn't exactly impress with its latest quarterly figures; the company struggl...
"Holly Corp. (HOC), an independent petroleum refiner gave a solid 'Buy' signal a little over two months ago and appears poised to continue moving a lot higher," suggests Mike Turner, editor of the newly-launched advisory service, Mastering the...
I read a piece over at the Los Angeles Times about the rapidity of changes going on within Disney's (DIS) studio system. As a shareholder, I'm hoping for the best, but I'm not expecting much. Sometimes it's better that way when it comes to the Mouse....
If consumers try a little harder this year, the holiday season has a shot of hiding memories of last year's nightmare for retailers. The retailers are doing their part, with Walmart (WMT), Gap (GPS), RadioShack (RSH), Walgreens (WAG) and many others...
"Is a stock market correction imminent?" asks market historian, timer and money manager Jim Stack.
In his Investech Market Analyst, he answers, "Yes. But, actually, one could answer that question the same way at almost any stage of every bull...
With more than $23 trillion pumped into the financial system via monetary and fiscal policy in the last 12 months, there's good reason to fear a rise in inflation, particularly if the U.S. Federal Reserve's quantitative easing is not withdrawn in time....