Latest In: Financial News

CIT receives last-minute loan to avoid bankruptcy

CIT has received a $3 billion emergency loan from bond holders to help the troubled bank avoid bankruptcy,…

News May 13, 2013

CIT receives remaining $1 billon of $3 billion loan

From the Associated Press: NEW YORK - Commercial lender CIT Group Inc., which is trying to avoid filing…

News May 13, 2013
Dick's eyeing more expansion

Dick's eyeing more expansion in Southern California, Northwest

During an earnings conference call last week, Dick's Sporting Goods CEO Edward Stack commented on Dick's plans for…

News May 13, 2013

CIT receives proposal from Carl Icahn

Press release: CIT Acknowledges Letter from Carl Icahn NEW YORK--(BUSINESS WIRE)--CIT Group Inc. (NYSE: CIT), a leading provider…

News May 13, 2013

Key details from Urban Outfitters Q3 conference call

Urban Outfitters, which posted strong results in the third quarter, hosted an earnings conference call this morning. CEO…

Executive Edition May 13, 2013
West 49 improves bottom line

West 49 improves bottom line

West 49 Inc., the industry’s largest retail customer in Canada, improved its bottom line numbers in the third…

News May 13, 2013
December boosts West 49

December boosts West 49 holiday sales

I’m catching up on some West 49 news about holiday sales that came out while I was at…

News May 13, 2013
Department stores sales and

Department stores sales and earnings trends

Since many brands sell department stores, I’m catching up on some earnings news from Macy’s, Nordstrom and Dillard’s…

News May 13, 2013
Urban Outfitters chairman

Urban Outfitters chairman sells loads of stock

Urban Outfitters Inc. Chairman, President and Co-founder Richard Hayne sold more than 1.3 million shares of stock over…

News May 13, 2013
Rhone may own 30% Quik by year

Rhone may own 30% Quik by year end

Quiksilver and Rhone proposed a debt for equity swap today that gives Rhone a significant stake in the…

News May 13, 2013
Billabong's Paul Naude with Ron Abdel of Jack's at the Waterman's Ball this year.

North Americas President Paul Naude on Billabong's results

Naude on Billabong's full-year results, including the performance of Nixon, Element and Billabong, the challenges in Australia and…

Executive Edition May 13, 2013
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series