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Stock Market & Financial Investment News

News Breaks
March 21, 2013
09:36 EDTKSSKohl's sales running below expectations, says Cleveland Research
Cleveland Research said Kohl's Q1 sales are running below expectations and that increased promotional activity has not increased incremental traffic. The firm lowered its Q1 EPS estimate to 54c vs. consensus of 61c.
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April 11, 2014
07:09 EDTKSSLi & Fung collaborates with Citigroup on brand unit spinoff, Bloomberg says
Li & Fung (LFUGF)) is said to be collaborating with Citigroup (C) to spin off its brands division, which is valued at nearly $2B, according to Bloomberg, citing people with knowledge of the matter. The company's brand unit sells clothing and toys to retailers such as Wal-Mart (WMT) and Kohl's (KSS). Reference Link
April 9, 2014
16:34 EDTKSSAbercrombie & Fitch names Joanne Crevoiserat CFO
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