Abercrombie Rises After Third-Quarter Earnings Top Estimates

Categories: Business| Nov 13, 2009

Nov. 13 (Bloomberg) -- Abercrombie & Fitch Co., the U.S.teen-apparel retailer, rose to the highest level in 14 months inU.S. trading after third-quarter profit topped analysts’estimates. Abercrombie rose $3.92, or 11 percent, to $40.68 at 4 p.m.in New York Stock Exchange ...Read More

Disney shares jump after strong 4Q results

Categories: Business, Top Stories| Nov 13, 2009

NEW YORK—Shares of the Walt Disney Co. got a boost Friday after the company posted a surprise 18 percent jump in its fiscal fourth-quarter profit and announced an executive job switch that might point to a successor to CEO Robert ...Read More

Disney shares jump to 52-week high after strong 4th-quarter results, exec shuffle

Categories: Business| Nov 13, 2009

NEW YORK (AP) - Shares of the Walt Disney Co. got a boost Friday after the company posted a surprise 18 percent jump in its fiscal fourth-quarter profit and announced an executive job switch that might point to a successor ...Read More

Earnings reports push stocks higher after slide

Categories: Business| Nov 13, 2009

Investors pushed back into the stock market a day after a slide as earnings reports boosted confidence about the pace of a recovery in the economy. Major stock indicators advanced about 1 percent, including the Dow Jones industrial average, which rose ...Read More

Stocks turn higher after trade data

Categories: Business| Nov 13, 2009

Stocks turn higher after trade data NEW YORK -Investors pushed back into the stock market a day after a slide as earnings reports boosted confidence about the pace of a recovery in the economy. Reports from The Walt Disney Co. as well as retailers Abercrombie & Fitch ...Read More

US STOCKS-Futures gain on Disney results; consumer data ahead

Categories: Business| Nov 13, 2009

* Walt Disney higher in premarket trading after Q4 results * JC Penney earnings top expectations * Reuters/U. Mich consumer sentiment expected to rise * For up-to-the-minute market news, click [STXNEWS/US] NEW YORK, Nov 13 (Reuters) - U.S. stock index futures roseon Friday after ...Read More

Abercrombie & Fitch 3rd-quarter profit falls

Categories: Business, Top Stories| Nov 13, 2009

NEW ALBANY, Ohio — Preppy clothing seller Abercrombie & Fitch Co.'s third-quarter profit fell 39 percent as sales continued to be weak and the company worked to close its higher-priced Ruehl line, the company said Friday. Abercrombie & Fitch has seen ...Read More

Sumitomo Mitsui, Mizuho Boost Profit as Bad Loan Costs Decline

Categories: Business| Nov 13, 2009

Nov. 13 (Bloomberg) -- Sumitomo Mitsui Financial Group Inc.and Mizuho Financial Group Inc. beat analysts’ estimates forsecond-quarter profit on trading gains and lower bad-loan costs. Sumitomo Mitsui, Japan’s second-largest bank by marketvalue, more than doubled profit to 50.8 billion yen ($563million) ...Read More

Sumitomo Mitsui Second-Quarter Profit Rises on Fewer Bad Loans

Categories: Business| Nov 13, 2009

Nov. 13 (Bloomberg) -- Sumitomo Mitsui Financial Group Inc.,Japan’s second-biggest bank by market value, more than doubledsecond-quarter profit as bad loan charges declined. Net income at the Tokyo-based company rose to 50.8billion yen ($563 million) in the three months ended Sept. ...Read More

Nordstrom 3Q profit rises but so do costs

Categories: Business| Nov 13, 2009

Department store operator Nordstrom Inc. said Thursday that its profit rose 17 percent in the third quarter even though its costs were higher than expected as shoppers began spending more. The company raised its 2009 profit outlook to a range of ...Read More