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Stock Market & Financial Investment News

News Breaks
January 14, 2013
16:20 EDTCWTRColdwater Creek lowers Q4 EPS to (85c)-(70c) from (55c)-(65c), consensus (61c)
This guidance continues to exclude the impact of the change in the fair value of the derivative liability and any costs associated with the CEO transition and compares to its previous guidance of (65c)-(55c). Costs associated with the CEO transition, which occurred during the fourth quarter, are expected to be approximately $2.1M, or 7c per share. The company's updated guidance compares to a net loss per share of 42c in 4Q11, which included a 39c benefit related to gift card breakage income and an 8c non-cash impairment charge related to underperforming stores.
News For CWTR From The Last 14 Days
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April 11, 2014
05:29 EDTCWTRColdwater Creek announces filing of Chapter 11 bankruptcy
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April 7, 2014
12:45 EDTCWTRColdwater Creek to seek liquidation after bankruptcy, Bloomberg reports
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