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Cash-strapped American Apparel will not issue more shares to raise money

2015-07-18 10:48:49| Apparel - Topix.net

American Apparel Inc. investors voted against a proposal at Thursday's annual meeting that would have boosted the number of shares it can issue, possibly decreasing how much money the cash-strapped retailer can raise. The company has about 180 million shares outstanding, with authorization to increase that to 230 million.

Tags: money american issue apparel

 

Mattel shares fall as Barbie sales, dollar cut earnings

2015-07-17 20:28:28| Toys - Topix.net

Shares of Mattel Inc. fell Friday after the company reported a second-quarter loss as another decline in Barbie sales and a strong dollar cut into revenue. The stock fell $1.24, or 4.9 percent, to $23.91 in midday trading.

Tags: sales fall cut dollar

 
 

M&S shares hit as clothing boss quits

2015-07-17 10:54:09| BBC News | Business | UK Edition

The FTSE 100 falls, with shares in Marks and Spencer down after it says the head of its clothing business is leaving the retailer.

Tags: hit clothing shares boss

 

Finsbury Food shares rise after strong forecasts

2015-07-16 12:47:18| Industrial Machines - Topix.net

Shares in Finsbury Food rose after the company said in a trading statement it would beat expectations. At 0840 BST shares in the AIM listed baker were up 6.67% to 92.80p.

Tags: food strong rise shares

 

Greece vote lifts UK shares

2015-07-16 10:10:56| BBC News | Business | UK Edition

The FTSE 100 rises in early trade, with sentiment lifted by news that Greek lawmakers backed the latest bailout deal.

Tags: vote greece shares lifts

 

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