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US: Ann Inc cuts outlook after Q1 profit decline

2013-06-07 14:14:00| Daily apparel & textile news and comment - from just-style.com

Women's wear retailer Ann Inc has cut its full-year sales guidance after first-quarter profit declined 27.2%, weighed down by unseasonably cool weather.

Tags: profit ann outlook decline

 

Bundesbank cuts growth forecast

2013-06-07 09:11:55| BBC News | Business | UK Edition

Germany's central bank cuts the country's economic growth forecast for 2013 and 2014, but says worst is over for euro area economy

Tags: growth cuts forecast growth forecast

 
 

JPMorgan cuts 2013 forecast for IT spending

2013-06-06 15:51:54| CNET News.com

Global IT spending is now slated to rise just 0.6 percent this year, down from the investment firm's prior forecast of 1.2 percent. [Read more]    

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Legal uncertainty cuts progress against Amazon deforestation

2013-06-05 22:04:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: A year after adopting changes to its long-standing forestry policy, Brazil is struggling to implement the new rules, adding to uncertainty that appears to be fueling an increase in clearing of the Amazon rainforest. Regulators, landowners and farmers say they don't know how long it will take to enact the new "forestry code," a dense law that, among other rules, governs the amount of woodland that must be preserved on farms and other productive property. On Wednesday, President Dilma Rousseff...

Tags: legal amazon progress cuts

 

D.C. Cuts Forrester Payment by $1M Over MBE Joint Venture

2013-06-05 20:12:53| ENR.com: Headline News

An unusual settlement costs a contractor big money for allegedly misrepresenting its share of an MBE joint venture.

Tags: payment joint venture cuts

 

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