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NYSE Market News

Abercrombie’s Earnings Dip by 52% (ANF)

Aug 15 2012 @ 09:10
Teenage apparel maker, Abercrombie & Fitch Co. (NYSE:ANF) reported on Wednesday that its fiscal second-quarter earnings fell by 52% as it grappled with unexpectedly weak sales trends, particularly, in the international markets.
 

Home Depot Beats Analysts’ Earnings Estimations, Same-Store-Sales Climb (HD)

Aug 14 2012 @ 08:50
World’s biggest home improvement chain, Home Depot (NYSE:HD) reported better-than-expected fiscal second-quarter earnings on Tuesday as sluggish sales were overcome by company’s ongoing cost cutting drive.
 

FedEx to Trim Workforce, Offer Voluntary Buyout (FDX)

Aug 14 2012 @ 08:49
In an effort to restructure its struggling businesses, world’s biggest cargo shipper in terms of revenue, FedEx Corp. (NYSE:FDX) announced on Monday that it will offer a voluntary buyout to an unspecified number of its workforce.
 

Pfizer’s Animal Health Unit Files for IPO (PFE)

Aug 13 2012 @ 07:25
Pharmaceutical Company, Pfizer Inc. (NYSE:PFE) announced that it will partially spin-off its animal-health unit, Zoetis Inc., through an IPO, estimated at about $100 million.
 

Manchester United – Biggest Brand in Sport? Why DealCloud? – Target price $7: Sell

Aug 13 2012 @ 02:28
I explained on Friday why the Manchester United (NYSE:MANU)  IPO was, at $14, a joke. I am asked what I think that the stock is worth? I am not sure that there is any terribly scientific answer to that as there are so many imponderables/unknowns, but since most are on the downside I would happy to […]
 

Manchester United – An Obama JOBS special – an IPO for Morons

Aug 10 2012 @ 16:49
Whenever President Obama says Jobs you know bad news is on the way. He has spent hundreds of billions creating non Jobs while squeezing the private sector (which creates real jobs) ever harder. But the JOBS I refer to here is his JOBS act which allowed “emerging growth companies” to float in the US with […]
 

JC Penney Posts Loss in Q2, Same-Store Sales Decline (JCP)

Aug 10 2012 @ 09:35
Retailer JC Penney Co.’s (NYSE:JCP) disastrous showing continued as it posted yet another quarterly loss as same-store-sales tumbled.
 

Kohl’s Quarterly Earnings Beat Market Estimations (KSS, M, JCP)

Aug 09 2012 @ 08:46
Retailer, Kohl’s Corp. (NYSE:KSS) on Thursday reported a better-than-expected fiscal second-quarter earnings, thanks to its cost cutting measures and better inventory management, which offset a 20% fall in sales.
 

ObamaCare Benefits Stocks?

Aug 09 2012 @ 03:09
Supreme Court approves ObamaCare and stocks rise.  What impact will the uncertain Presidential election have on the market? Register for a free ADVFN account and gain access to real-time stock charts, streaming prices, information and data and follow ObamaCare’s and the 2012 Presidential race’s impact on the market. After the United States Supreme Court ruled […]
 

Dean Foods Swings Back To Profit, To Spin Off WhiteWave Unit (DF)

Aug 08 2012 @ 09:05
Dean Foods Co. (NYSE:DF) announced on Wednesday that it intends to partially spin-off its WhiteWave Food Co. unit, which sells organic dairy products and soy milk under the brand names Horizon and silk respectively; even as the company turned profitable in the fiscal second quarter after incurring loss a year earlier.
 
 
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