Aeropostale drops aftermarket on weak 1Q results NEW YORK- Shares of Aeropostale tumbled in aftermarket trading Thursday after the teen clothing retailer posted another quarterly loss, saying its first-quarter sales declined 20 percent. Aeropostale said its sales were hurt by problems with its merchandise assortment, a slowdown in work at West Coast ports and cold weather. Aeropostale shares dropped 51...
Source: The Associated Press
UPDATE 2-American Eagle forecast tops estimates as teens shoppers return *Forecasts 2nd- qtr profit $0.11- $0.14/ shr vs est. May 20- Teen apparel retailer American Eagle Outfitters Inc forecast current-quarter profit above analysts' expectations as fewer discounts drive margins and sales recover at its namesake brand after falling for the past two years. American Eagle, unlike rivals Aeropostale Inc and Abercrombie& Fitch Co, has...
| By: Ramkumar Iyer
Ann Taylor got snapped up. Who's next? The acquisition of Ann Taylor parent Ann Inc. could spur activity among other apparel retailers, Jefferies analyst Randal Konik said.
| By: Krystina Gustafson
Langone: DuPont should take step back Ken Langone, Invemed Associates, anf former NYSE CEO Dick Grasso, discuss the outcome of DuPont's shareholder vote and what Nelson Peltz should do next.
Protests that forced companies to change Consumers are flexing new-found power over companies. Using demonstrations and campaigns in traditional and social media, buyers are increasingly forcing companies to change their ways.
| By: Colleen Kane, special to CNBC