Loss Narrows at Jones Apparel
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The company, which owns the Jones New York, Anne Klein and Nine West shoe and apparel brands, posted a fourth-quarter net loss of $89.8 million, or $1.06 a share.
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Take-Two investors that may have been looking for some good news got it late Monday as the company reported a narrower-than-expected loss.
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The apparel retailer reports higher sales and profits but lower comps.
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JJB Sports has warned that full-year profits will come in around 20 percent lower as a dismal summer and tough competition hits sales of T-shirts and shorts, sending its shares 19 percent lower.
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Sports Authority Inc. , the largest U.S. sporting goods chain, on Tuesday posted a smaller quarterly loss due in part to lower costs related to its merger last year with Gart Sports.
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HOUSTON - Oilfield services giant Halliburton Co. on Tuesday swung to a loss in the third quarter ended Sept. 30, hurt by hefty charges from discontinued operations related to the settlement of asbestos and silica claims.
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Dillard&#39;s Inc. reported that its loss narrowed in the second quarter to nearly half of what it was a year ago, but it was still far more than Wall Street expected as the chain was dragged down by sluggish sales.
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The fabric and crafts retailer is improving, but still losing money.
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Jones Apparel Group Inc.  is  nearing a deal to sell its Barneys New York department store  chain for $950 million to a private equity firm owned by the  Dubai government, according to The New York Post.
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Warner Music Group reported a narrower loss Monday, crediting a restructuring effort that cut costs.
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Jones Apparel Group Inc.  is near a deal to sell the Barneys New York department store chain for $825 million to Dubai's private equity firm Istithmar, The New York Times reported on Friday.
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Toys R Us (TOY), the No. 2 US toy seller, which is considering quitting the toy business, posted a narrower third-quarter loss Monday as it works to restructure the company.
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Printing services company R.R. Donnelley and Sons Co.  on Tuesday said its fourth quarter loss narrowed as sales increased and restructuring and impairment charges fell.
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Toys ``R&#39;&#39; Us Inc.&#39;s third-quarter loss narrowed to $25 million after the No. 2 US toyseller shut its Kids ``R&#39;&#39; Us chain.
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Jones Apparel Group Inc.  is near a deal to sell the Barneys New York high-end clothing chain for $825 million to Dubai's private equity firm Istithmar, The New York Times reported on Friday.
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D. R. Horton posted a loss of $128.8 million, or 41 cents a share, for the first quarter ended Dec. 31, in contrast to a year-earlier profit of $109.7 million, or 35 cents a share.
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XM Satellite Radio Holdings Inc. , which is planning to merge with rival Sirius Satellite Radio , on Monday said its quarterly loss narrowed as it trimmed costs related to growing its base of subscribers.