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Ascena weighed down by writedowns in Q4

2015-09-17 03:53:25| Apparel - Topix.net

Justice continues to be a drain for the Ascena Retail Group, but in the fourth quarter Lane Bryant also proved to be a burden, as the company reported a drop in same-store sales. The operator of Justice, as well as stores under the Lane Bryant, Cacique, Maurices, Dressbarn, and Catherines brands, said combined same-store sales declined 2% during its fourth quarter of fiscal 2015 ended July 25. David Jaffe, president and CEO of Ascena Retail Group Inc., said: "Results for the quarter were challenged by two large, non-operating expense hits related to a goodwill and trade name impairment at Lane Bryant and litigation activity at Justice.

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Len Boselovic's Heard off the Street: Weighed down by metal...

2015-09-06 07:02:06| Steel - Topix.net

Before you get the quarter-end tally showing the retirement savings you used to have and what's left, here's some early "read it and weep" news from Wall Street. The Post-Gazette/Bloomberg index of 55 stocks of companies that have a large imprint in the region tumbled 11.5 percent in the first eight months of the year.

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Len Boselovic's Heard off the Street: Weighed down by metal...

2015-09-06 06:51:48| Industrial Machines - Topix.net

Before you get the quarter-end tally showing the retirement savings you used to have and what's left, here's some early "read it and weep" news from Wall Street. The Post-Gazette/Bloomberg index of 55 stocks of companies that have a large imprint in the region tumbled 11.5 percent in the first eight months of the year.

Tags: street metal heard len

 

High Court Says EPA Should Have Weighed Mercury Rule's Costs

2015-06-29 21:44:26| ENR.com: Headline News

Agency foes praise ruling, but environmental advocates say the court's decision is limited in scope.

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HP said to have weighed, walked away from Computer Sciences

2015-06-05 00:50:18| IT Services - Topix.net

Hewlett-Packard was nearing a deal to acquire Computer Sciences Corp. last month until the talks broke down, people with knowledge of the matter said. The purchase of Computer Sciences, which has a market value of about $9.6 billion compared with Hewlett-Packard's $61 billion, would've been the biggest for HP since 2011.

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