Loss Widens at Wet Seal
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et Seal Inc., a retailer of clothing for young women, said yesterday that its second-quarter loss widened after the company recorded a $75.5 million expense to write down the value of certain assets.
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MIAMI - Insured losses in the United States from Hurricane Ivanâs assault on the Gulf Coast could run from $2 billion to $7 billion, a risk assessment company said Thursday as it slightly reduced its estimate of the cost of the deadly storm.
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Losses for the global insurance industry from the devastating earthquake and tsunami waves in Southeast Asia are likely to be sharply below claims from the hurricanes in Florida earlier this year, as the ...
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Grocer Pathmark Stores Inc.  posted a narrower-than-expected quarterly loss on Thursday as higher costs for workers' compensation and general liability claims were offset by better expense control and improved gross margins.
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Shares of Wet Seal (WTSLA:Nasdaq - news - research) were among the Nasdaq&#39;s losers Friday after the company posted a wider-than-expected second-quarter loss, warned that third-quarter results would be weaker than expected, and said that it is considering ...
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Jewelry retailer Zale Corp. ZLC.N  said Tuesday its quarterly loss widened as its business took a  hit in the autumn from the string of hurricanes that battered  the U.S. Southeast and Puerto Rico.
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Wet Seal Inc. WTSLA.O may have little  choice but to close hundreds of its teen-oriented stores and  convert dozens more to its upscale Arden B. brand if it hopes  to stay out of bankruptcy, analysts said on Friday.
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Lower end of loss estimates upped to $4B; losses could reach $10B to make it 2nd most costly. By Chris Isidore, CNN/Money senior writer.
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The home improvement chain warned that dry conditions in some parts of the United States were hurting sales of outdoor products.
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The deep-discount retailer reports slightly improved results though losses persist.
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Retailer Bon-Ton Stores Inc.  reported a wider quarterly loss on Thursday as bad weather resulted in lower-than-expected sales in April.
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The company tightens its forecast on cost concerns.
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MedImmune Inc. widened its loss for the third quarter, hurt by lost revenue and charges from ending its partnership with Wyeth Pharmaceuticals last quarter.
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Shares of teen retailer Wet Seal (Nasdaq: WTSLA) lost half their value today after the company posted a much-deeper-than-anticipated loss.
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The cruise line reports a wider fourth-quarter loss and missed estimates.
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Jewelry retailer Zale Corp.  said Tuesday its quarterly loss widened as its business took a hit in the autumn from the string of hurricanes that battered the U.S. Southeast and Puerto Rico.
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Department store operator Bon-Ton Stores Inc.  on Wednesday reported a wider quarterly loss, hurt by an income tax charge, but reaffirmed its fiscal year earnings forecast.