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ThinkstockSame-store retail sales from many of the country’s largest chains are scheduled to hit the tape tomorrow. Sales in February and March rose just 2% and 1.4%, respectively, so the most...
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courtesy J.C. Penney Co. Inc.In decision we predicted yesterday, a New York State appellate court judge denied a request from Macy’s Inc. (NYSE: M) prohibiting J.C. Penney Co. Inc. (NYSE: JCP) from...
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courtesy of ebayeBay Inc. (NASDAQ: EBAY) reported first quarter results after markets closed today. The online auction company reported adjusted diluted earnings per share (EPS) of $0.63 on revenues...
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ThinkstockIndustrial production and capacity utilization data have been released for the month of March. Production rose more than expected, with a gain of 0.4%, versus the Bloomberg consensus...
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Courtesy United Parcel Service Inc.In late January, United Parcel Service Inc. (NYSE: UPS) said it was giving up on its $6.7 billion bid to acquire Dutch-based TNT Express N.V. following the European...
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ThinkstockActivist investor Carl Icahn made a play for railcar maker Greenbrier Companies Inc. (NYSE: GBX) last December, but quickly reversed himself after the firm rejected his $22 per share offer....
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Flickr, James SarmientoApollo Group Inc. (NASDAQ: APOL) reported fiscal second quarter 2013 adjusted diluted earnings per share (EPS) of $0.34 on revenue of $834.4 million. In the same period a year...
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By Tkgd2007 at en.wikipedia [Public domain], from Wikimedia CommonsFedEx Corp. (NYSE: FDX) reported fiscal third quarter 2013 results before markets opened this morning. The package delivery service...
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ThinkstockIt was just in recent days that we saw Apollo Group Inc. (NASDAQ: APOL) warn in an SEC filing that its regulator and accreditation board put the company’s prior “notice” status to a...
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courtesy of Groupon Inc.Groupon Inc.’s (NASDAQ: GRPN) fourth-quarter results were so bad that there is new talk about firing CEO Andrew Mason. The problem with this is that he and two others...
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ThinkstockIf you think you’ve seen this movie before, well, you have. VeriFone Systems Inc. (NYSE: PAY) is replaying the scenario the company rehearsed more than two years ago when the stock price...
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thinkstockRatings agency Moody’s Corp. (NYSE: MCO) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the fourth quarter Moody’s reported diluted earnings...
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ThinkstockMicrosoft Corp. (NASDAQ: MSFT) has decided to allow businesses to license the new version of its widely used and highly profitable Office product. The move may be an acknowledgement that...
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24/7 Wall St. StaffA firm that provides employer-sponsored childcare and other family services held its initial public offering (IPO) this morning, with shares priced above the expected range of $19...
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Courtesy Norwegian Cruise Line Holdings Ltd.Cruise ship operator Norwegian Cruise Line Holdings Ltd. (NASDAQ: NCLH) kicked off its initial public offering today. The firm priced 23.53 million shares...
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