Oil and gas prices fall again on evidence consumers are worried
NEW YORK
- Energy prices tumbled Friday on more evidence that U.S. consumers are an unlikely to take the lead in an economic recovery.
Crude this year has risen steadily on optimism that people will begin spending more freely, so a week-ending report
Abercrombie & Fitch Disappoints
( ), a leading international specialty retailer, reported disappointing second quarter results with a net loss of $26.7 million or -30 cents per share compared to a net income of $77.8 million or 87 cents per share in the year-earlier quarter.
The
Markets fall amid disappointing economic reports
The Toronto stock market was lower late Friday morning following data showing a significant deterioration in America consumer sentiment.
The S&P/TSX TSX-I
composite index moved 86.1 points lower to 10,739.4 after jumping 166 points on Thursday when
Roisin Murphy Calls Lady Gaga "A Poor Imitation Of Me"; Katie Holmes Is Launching A Fashion Line [Rag Trade]
Katie Holmes' clothing line, which she designs with her stylist, Jeannie Yang, is ready to launch for fall at Maxfield in Los Angeles. [WWD]
Mariah Carey's latest scent, Forever, comes out this September. "I am in a wonderful place right now," says the
Abercrombie posts Q2 loss; international growth on track
BANGALORE (Reuters) - Abercrombie & Fitch Co (ANF.N) reported a quarterly loss as sliding sales, higher markdowns and increased costs weighed on the teen-apparel retailer.
The operator of the Abercrombie & Fitch, abercrombie for kids and the
S&P 500 Index slips below 1,000 level
The Dow Jones Industrial Average (DJIA) dropped more than 130 points today after a wave of economic data washed over the Street. Kicking things off, the Labor Department reported that U.S. consumer prices were unchanged in July, after seasonal
Abercrombie & Fitch moves to 2Q loss
...$88.7 million from $109 million last year, including $600,000 in severance charges related to Ruehl. NEW ALBANY, Ohio ? Abercrombie & Fitch said Friday it lost money in the fiscal second quarter as sales slumped for the high-priced teen retailer amid the...
Wall Street slides after weak consumer sentiment data
The Reuters/University of Michigan Surveys of Consumers' preliminary August consumer sentiment reading was significantly below the market forecast.
"Today's numbers were sort of a confirmation of yesterday's weak numbers on retails," said Tim Ghriskey,
Abercrombie books $27M loss on Ruehl costs
More than $24 million in costs tied to the planned shutdown of Abercrombie & Fitch Co.?s Ruehl chain helped send the apparel retailer to a nearly $27 million loss in the fiscal second quarter, which saw sales drop 23 percent.
The New Albany-based
The top 10 highest paid CEOs are...
Highest paid CEOs, 2008 Company Name CEO Name Total Compensation Stephen Schwarzman Blackstone Group $702,440,573 Lawrence Ellison Oracle Corp. $556,976,600 Ray Irani Occidental Petroleum Corp. $222,639,705 John Hess Hess Corp. $159,566,940 Michael
