quarter loss news
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Downstate Innocence Project gets $249K grant to help fight wrongful convictions
Springfield :: MO :: USA | over 1 year ago
Credibility
An Illinois institute that helps people convicted of crimes they didn't commit has won a federal grant to help cover the cost of tackling cases that cannot be resolved through DNA testing. The Downstate Innocence Project got more than $249,000 from
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Neiman Marcus Posts Steeper Loss
Dallas :: TX :: USA | over 1 year ago
Credibility
Neiman Marcus Group Inc. reported a fiscal fourth-quarter loss as the upscale retailer posted a debt-related expense and slightly lower margins, masking a double-digit increase in sales. Neiman, which operates both its namesake and Bergdorf Goodman
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Barnes & Noble 1st quarter loss narrows
New York City :: NY :: USA | over 1 year ago
Credibility
Barnes & Noble says its net loss narrowed in its fiscal first quarter as sales of its Nook e-book reader and e-books helped offset lower physical book sales. Traditional booksellers are facing tough competition and Barnes & Noble has invested in its
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Payless Shoes owner considering sale of company
New York :: NY :: USA | over 1 year ago
Credibility
Collective Brands Inc. says it will close 475 stores and look to sell the company after posting a big second-quarter loss. The Topeka, Kansas-based parent of Payless ShoeSource and Stride Rite Children's shoes says it is
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Saks 2nd-quarter loss narrows on fewer charges
New York City :: NY :: USA | almost 2 years ago
Credibility
Luxury retailer Saks Inc. reported a much smaller second-quarter loss, helped by increased revenue and selling more items at full price. The New York department store chain lost $8.4 million, or 5 cents per share, for the period ended July 30. That
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Hickok Inc. reports smaller third-quarter loss than year earlier
Cleveland :: OH :: USA | almost 2 years ago
Credibility
The provider of automotive diagnostic equipment said its sales in the period that ended June 30 slipped 8%, to $1.28 million from $1.39 million. The third-quarter operating results are an improvement over last year's but our markets are still very
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Fannie Mae 2Q loss widens, seeks to modify loans (AP)
Francisco :: IN :: USA | almost 2 years ago
Credibility
Government-controlled mortgage company Fannie Mae says its second-quarter loss attributable to shareholders widened as it continues to seek out loan modifications to help lower defaults amid the ongoing difficulties in the housing and mortgage
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BofA looks to clear up cloudy mortgage outlook
New York City :: NY :: USA | almost 2 years ago
Credibility
For Bank of America Corp, the mortgage issues never seem to end, which is the chief worry for investors and analysts. The largest US bank is due to post second-quarter earnings on Tuesday, and is expected to record more than $20 billion of charges
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KB Home stung by weak construction and charges
New York :: NY :: USA | almost 2 years ago
Credibility
KB Home, stung by falling home construction and more than $30 million in charges, reported Wednesday that its losses more than doubled in the second quarter. The results were worse than Wall Street expected and KB Home shares
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Sears posts 1Q loss; Kmart, Sears sales weak
Hoffman Estates :: IL :: USA | almost 2 years ago
Credibility
Sears Holding Corp. may need to go back to the drawing board. The company's dependence on appliances and what seemed to be growing strength at its Kmart stores failed it in the first quarter, as the retailer reported a bigger-than-expected loss in
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