Earnings reports spark a rebound
...streak, as oil prices tumbled on fresh signs of weak energy demand and a stronger dollar. Positive quarterly reports Friday from Abercrombie & Fitch Co., J.C. Penney Co. and Disney offset worries about a disappointing consumer confidence report and an increase...
Rich buying again, but middle class still hurting
...said luxury retail analyst Robert Burke. "And they want items they can wear multiple places." Other expensive stores like Abercrombie & Fitch are taking the lesson. The preppy clothing seller said Friday it will offer some lower-priced basics and stock up...
Consumers in Focus Again in Coming Week
... Reports from flagship brands like Wal-Mart (WMT Quote), Macy's (M Quote), J.C. Penney (JCP Quote) and Abercrombie and Fitch (ANF Quote) show a continuation of weak sales and revenue. And while some retailers issued bullish outlooks for the key shopping...
Disney, Abercrombie, Penney reports cheer investors
...average gained 73 Friday after dropping 94 on Thursday. Upbeat quarterly reports from Disney as well as Abercrombie & Fitch Co. and J.C. Penney Co. offset worries about a slide in consumer confidence. Disney said late Thursday that higher revenue at its cable,...
Earnings reports push stocks higher
...after falling 94 on Thursday. Major stock indexes rose more than 2 percent for the week. Upbeat reports from Disney as well as Abercrombie & Fitch Co. and J.C. Penney Co. offset worries about a slide in consumer confidence. Disney said late Thursday that higher...
Retailer looking abroad
...at least one year, a key measure of retail health, decreased 22 percent compared with a year ago. Broken down by brands, Abercrombie & Fitch comparable-store sales dropped 18 percent; abercrombie kids sales dropped 22 percent; Hollister sales dropped 26 percent;...
Abercrombie & Fitch sales, profit slump
...YORK ? Preppy clothing seller Abercrombie & Fitch Co. will add new items at lower prices and continue expanding internationally ? where sales are stronger than in the U.S. ? to combat declining profit as the U.S. economy remains weak. analysts surveyed by...
FRIDAY'S MARKETS / WHAT HAPPENED
...U.S. stocks rose, extending a second straight weekly advance, amid higher-than-estimated earnings at Walt Disney Co. and Abercrombie & Fitch. Disney added 4.8 per cent, while Abercrombie & Fitch rallied 11 per cent. ****** S&P / TSX COMPOSITE INDEX...
Stocks advance for second week in a row
U.S. stocks rose, extending a second straight weekly advance, amid higher-than-estimated earnings at Walt Disney Co. and Abercrombie & Fitch Co. The dollar declined against most major counterparts, boosting gold and silver. Oil fell, and Treasuries
Holiday hiring begins
...from Nov. 1 until Dec. 31," store manager Curtis Perry said, "so it takes a little more staff to keep standards up." Abercrombie & Fitch is looking to hire about a dozen extra workers to staff its Kids store on Johnston Street, which usually employs about...
