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Stock Market & Financial Investment News

News Breaks
February 6, 2014
07:47 EDTANNAnn Inc. sees FY13 revenue $2.49B, consensus $2.51B
The total net sales guidance reflects total net sales increase of 5% and a comparable sales increase of 2%; Sees FY13 effective annual tax rate expected to be 40.5%; Sees FY13 CapEx $150M; Sees FY13 gross margin rate performance expected to be 53.9%.
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April 13, 2015
06:22 EDTANNGap, Target, others scrutinized by NY AG over staffing practices, WSJ says
Several major retailer including Gap (GPS) and Target (TGT) are under investigation by New York Attorney General Eric Schneiderman over their staffing practices and whether they require workers to show up or stay home with little notice, The Wall Street Journal reports. Schneiderman sent letters warning Abercrombie & Fitch (ANF), JC Penney (JCP), Urban Outfitters (URBN), TJX Cos (TJX), Ann Inc (ANN), L Brands (LB), Burlington Stores (BURL), Sears Holdings (SHLD), Williams-Sonoma (WSM) and J Crew Group that he believes the chains are using on-call scheduling and that such practices may be in violation of New York laws. Reference Link

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