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Stock Market & Financial Investment News

News Breaks
January 8, 2013
08:22 EDTTUESTuesday Morning CEO says one-time charge expected in Q2
Brady Churches, President and CEO stated, "We are pleased with the company's second quarter sales results, which reflect healthy demand for textiles and cool weather merchandise, enthusiastic customer response to our November and December events, and stronger company-wide merchandising strategies. Additionally, we expect to incur a one-time charge in our fiscal second quarter for strategic adjustments, predominantly inventory valuation, enabling us to end the quarter with a cleaner inventory balance and better positioning us for the quarters ahead. We will discuss the details of these adjustments on our earnings call in two weeks."
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April 22, 2014
06:09 EDTTUESTuesday Morning, former CEO Mason settle lawsuit, WSJ reports
Home furnishings closeout retailer Tuesday Morning and former CEO Kathleen Mason have settled a discrimination lawsuit that alleged she was fired in June 2012 after developing breast cancer, the Wall Street Journal reports. Mason says the suit has been "settled amicably." Reference Link

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