Hilfiger shares plunge on news of probe
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NEW YORK -- Clothing designer Tommy Hilfiger Corp. saw its stock unravel as much as 26 percent in Monday trading after the company last week said a federal grand jury is investigating commissions it has paid since 1990.
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U.S. apparel chains, which are already  suffering from slow back-to-school spending, on Wednesday saw  their shares take a hit from a rating downgrade of industry  leader Gap Inc. GPS.N
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Tokyo stocks fell Friday morning as investors sold banking issues after Japanese authorities began a criminal investigation into UFJ Holding Inc.
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Shares of Hewlett-Packard Co. HPQ.N   fell as much as 5 percent on Thursday after a newspaper report   indicated that Chief Executive Mark Hurd may be linked to a   controversial internal investigation of boardroom media leaks.
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Tommy Hilfiger Corp. said Wednesday it would delay the filing of its quarterly report while it reviews issues related to a US government investigation.
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Tommy Hilfiger U.S.A., Inc., said on  Friday that it received a federal grand jury subpoena seeking  documents relating to commissions that were paid to a non-U.S.  subsidiary since 1990.
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Shares in Australian tugboat firm  Adsteam dropped as much as 19 percent on Friday after Britain  launched a competition probe into a US$513 million Danish  takeover plan for the business.
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Shares of Tommy Hilfiger Corp. (TOM.N: Quote, Profile, Research) fell 24 percent on Monday morning after the clothing maker said a federal grand jury subpoenaed documents from
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Business & money: Fashion label Tommy Hilfiger has abandoned plans for a Â£1.5bn stock market float in Amsterdam
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SAN FRANCISCO (CBS.MW) -- Fannie Mae stock fell 3.1 percent in after-hours trading Tuesday after the mortgage giant disclosed that the Securities and Exchange Commission&#39;s investigation into the company&#39;s accounting had escalated into a formal probe.
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Tommy Hilfiger Corp. TOM.N said on  Wednesday its quarterly pretax income tumbled 59 percent, hit  by weak demand for its preppy fashions.
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Insider stock sales at U.S. apparel companies jumped in September from a year ago, a sign that investors should shun clothing companies' stocks as their prices could drop further, a research firm said on Monday.
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Clothing maker Tommy Hilfiger suffered a mauling on Wall Street yesterday after disclosing it was the subject of a federal investigation that analysts said appeared to focus on tax avoidance.
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Citigroup Inc. shares on Monday  suffered their biggest one-day percentage decline in 18 months  after a prominent Wall Street analyst downgraded the world's  largest financial services company, citing a string of recent  ethics problems.
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Shares of the world&#39;s largest retailer are likely to come under pressure later Monday, after the company threw a shadow over preliminary holiday retail data when it cut its estimates on Saturday.
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Shares in the fashion retailer Inditex fall after its nine-month sales come in below expectations.
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Shares in Hewlett Packard fall  5% on Thursday as the scandal over its inquiry into boardroom leaks continues.