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IN BRIEF.(TO THE POINT)
Saks will close 8 of its luxury Saks Fifth Avenue stores and 3 of its lower-price Off 5th stores, resulting in 700 job cuts. It's focusing on better-performing stores. Shares rose 1.5% to 12.26.
Oxford Industries earned 36 cents a share in Q1, missing views by 2 cents. Sales rose 9%. The apparel firm backed Q2 and '05 targets. Views see 52 cents in Q2 and $2.94 in '05. Shares rose 7% to 39.70.
J. Jill, a women's clothing retailer, expects to lose 13-15 cents a share in Q3 vs. views of a 3-cent profit. Sales climbed 14% to $94 mil, but fell short of the $97.4 mil expected. Shares dived 17% to 16.42.
Tetra Technologies bought Kemira Oyj's European calcium chloride business for $43.4 mil; it's estimated to make $58 mil in revenue in '04. ...
- It's time for a big payout: TW settlements total $510 mil.(Time Warner Inc.)
- Magazine article from: Daily Variety Goldsmith, Jill December 16, 2004 700+ words
...fulfilling our obligations to the government." Time Warner shares rose early in the day, dipped slightly in late trading and closed...General James Comey at a Justice Dept. news conference. $300 mil penalty pending In a separate settlement proposed with the...
- 1.29 mil. love Netflix.(Vidbits)(Brief Article)
- Magazine article from: Video Business Netherby, Jennifer October 6, 2003 700+ words
...subscribers by the close of its third quarter, a 74% increase from the previous year. That beat previous estimates, and Netflix shares rose almost 19% on Oct. 2 to reach a new high of $40.97. The company said 96% of its subscribers were paid, while the rest...
- Jonesing for Netco: WSJ owner pays $519 mil for MarketWatch.
- Magazine article from: Daily Variety Fritz, Ben November 16, 2004 700+ words
...Combined, the Dow Jones/WSJ network will be the third-largest financial news resource on the Web after Yahoo and MSN's finance sections. MarketWatch stock closed up 8% at $18.12, while Dow Jones shares rose slightly to $45.10.
- 205 Minors Hold 6.42 Mil. Shares.
- Newspaper article from: Korea Times (Seoul, Korea) February 8, 2001 700+ words
...at the end of last month, up 10.7 percent from 5.796 million shares last September, while the capitalization of those shares rose by 3.7 percent to 38.8 billion won from 37.4 billion won during the same period. An analyst said, ``A rise of shares...
- SHARES rose around the globe yesterday as investors reacted to what analysts...
- Newspaper article from: Irish Independent (Dublin, Republic of Ireland) May 28, 2009 700+ words
Improved economic outlook gives global markets a lift IL&P steals a march on rivals with Ulster Bank deal SHARES rose around the globe yesterday as investors reacted to what analysts described as an improvement in global economic trends...
- Analog shares rose
- Newspaper article from: The Boston Globe November 25, 2009 700+ words
Analog shares rose after the Norwood-based chip maker forecast a 20 percent rise in first-quarter revenue. And fourth-quarter earnings were...
- Chinese shares rose 1.6 pct in morning session on Monday
- News wire article from: Xinhua News Agency September 7, 2009 700+ words
Chinese shares rose 1.6 pct in morning session on Monday BEIJING, Sept. 7 (Xinhua) -- Chinese shares went up 1.6 percent in the morning session...
- ITV shares rose as high [...]; Business IN BRIEF.(Business)
- Newspaper article from: Daily Record (Glasgow, Scotland) October 14, 2009 700+ words
ITV shares rose as high as eight per cent yesterday after betterthan-expected advertising figures. The group, boosted by the return of hit...
