Jones Apparel Narrows Loss
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The owner of the Nine West and Jones New York brands posted a smaller fourth-quarter net loss of $89.8 million as the absence of a large charge offset the impact of a weak selling season.
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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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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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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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The sporting goods retailer trims its quarterly loss and maintains its outlook.
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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&#39;s private equity firm  Istithmar, The New York Times reported on Friday.
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update Gateway on Thursday posted a narrower third-quarter loss, helped by cost cuts and an increase in PC unit shipments, that could allow it to climb ever closer to turning a profit.
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The Jones Apparel Group, a $4.3 billion clothing company with a middle-brow reputation, is close to making a deal to buy the totally trendy Barneys chain.
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Grocer Winn-Dixie Stores Inc. WIN.N  on Thursday reported a quarterly loss as restructuring costs  weighed on results, but said its efforts to reverse a market  share slide are gaining momentum.
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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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WILMINGTON, Del. -- Chemical company Hercules Inc. posted a third-quarter loss, weighed down by a charge, and said it will restate results for certain quarters after it reviewed its accounting practices.
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The Times newspaper reports that Littlewoods Shop Direct Group has reduced its losses after selling its high street stores.  Pre-tax losses improved to GBP17.3 million in the year to April 2006, compared to a GBP55.5 million loss in the year to April 2005.
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Jones Apparel Group Inc. (JNY.N: Quote, Profile, Research) , a mid-priced clothing retailer and maker, said on Thursday it was buying Barneys New York Inc.
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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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Jones said the deal is valued at approximately $400 million, including cash consideration of $19 per share to Barneys stockholders totaling $294.
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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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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.