News List
Finish Line 4Q Same-Store Sales Fall
INDIANAPOLIS (AP) -- Mall-based specialty retailer Finish Line Inc. said Thursday its fourth-quarter same-store sales, or sales at stores open at least a year, fell 5.4 percent. Broken down by operation, the company's Finish Line stores saw same-stor
Cummins Declares 2-For-1 Split
COLUMBUS, Ind. (AP) -- Diesel engine maker Cummins Inc. on Thursday declared a 2-for-1 stock split and backed its annual earnings guidance, saying 2007 could be one of the strongest years in company history. The split is payable on April 9 to shareho
Buckle February Same-Store Sales Climb
Fleetwood Swings to Fiscal 3Q Loss
NEW YORK (AP) -- Fleetwood Enterprises Inc., which makes recreational vehicles and manufactured homes, said Thursday it swung to a fiscal third-quarter loss on lower sales and seasonal softness. The company reported a loss of $29.9 million, or 47 cen
Wet Seal February Same-Store Sales Rise
FOOTHILL RANCH, Calif. (AP) -- Teen apparel retailer Wet Seal Inc. said Thursday same-store sales grew 5 percent in February, beating Wall Street expectations for a 3 percent jump, according to a Thomson Financial poll. Same-store sales, or sales in
Pacific Sunwear Same-Store Sales Fall
ANAHEIM, Calif. (AP) -- Teen apparel retailer Pacific Sunwear of California Inc. said Thursday its same-store sales fell 5.7 percent in February, missing analysts' expectations for a smaller 3.7 percent decline. Same-store sales, or sales in stores o
Limited Brands Feb. Sales Up 3 Percent
COLUMBUS, Ohio (AP) -- Apparel retailer Limited Brands Inc. said Thursday its same-store sales, or sales at stores open at least a year, a widely watched performance gauge, grew just 3 percent in February, in line with the company's revised expectati
Senk Named CEO of Urban Outfitters
PHILADELPHIA (AP) -- Retailer Urban Outfitters Inc. said Thursday it plans to name Glen Senk to the newly created position of chief executive at its May 22 board meeting. The appointment is subject to approval by the board. Senk would oversee each of
Greek Inflation Unchanged in February
ATHENS, Greece (AP) -- Greek consumer prices rose by 2.7 percent on the year in February, unchanged from January, the National Statistics Service said Thursday. The figure was slightly lower than analyst expectations. Compared with a year earlier, pr
Willbros Group Says 4Q Loss Widens
HOUSTON (AP) -- Oil, gas and power industry contractor Willbros Group Inc. said its fourth-quarter loss widened primarily on the sale of its Nigerian operations in February. Late Wednesday, the company said losses grew to $40.6 million, or $1.61 per
Asian Markets Recovering From Sell-Off
HONG KONG (AP) -- Japanese and Hong Kong stocks rallied Thursday to reverse losses in the previous session as most Asian markets continued to recover from their recent swoon. In Tokyo, the benchmark Nikkei 225 index surged 325.69 points, or 1.94 perc
JoS A. Bank Feb. Same-Store Sales Rise
HAMPSTEAD, Md. (AP) -- Men's clothing retailer JoS. A. Bank Clothiers Inc. said Thursday sales at stores open at least a year, or same-store sales, rose 2.8 percent in the month of February. The results beat analysts expectations for 1.7 percent grow
Urban Outfitters Profit Flat in 4Q
PHILADELPHIA (AP) -- Retailer Urban Outfitters Inc. said Thursday its fourth-quarter net income was flat, as higher sales were unable to offset a double-digit jump in costs. Net income for the quarter ended Jan. 31 was $35.7 million, up 0.4 percent f
Turkish Court Orders Ban of YouTube
ISTANBUL, Turkey (AP) -- Four college students on Thursday asked a Turkish court to revoke the ban it imposed on YouTube for running videos that prosecutors said insulted the founder of modern Turkey. The group condemned the videos in question but sa
Thai Shares Rise 0.02 Percent
BANGKOK, Thailand (AP) -- Thai shares rose 0.02 percent Thursday, as many traders waited to hear details of the new finance minister's economic policies. The Stock Exchange of Thailand's benchmark SET Index rose 1.61 points to close at 671.98. A tota