Market news and reports from Forbes.com
-
Zale Earnings Sparkle vs. Expectations
22 November 2011Jewelry retailer Zale (ZLC) reported a narrower loss for its fiscal first quarter following the close of trading yesterday. Zale's loss narrowed to $32 million, or $0. -
GDP Revised Lower than Expected
22 November 2011The US economy grew more slowly in the third quarter than was initially reported. The Commerce Department revised third quarter gross domestic product to a 2% pace in the third quarter, from an initial estimate of 2. -
Solar Power Companies Disappoint with Earnings
22 November 2011Several China-based solar power companies are reporting lackluster earnings today. JA Solar (JASO) posted a loss in the third quarter of $0. -
Footwear Earnings: DSW, Collective Brands, Brown Shoe
22 November 2011Footwear retailer DSW (DSW) reported third quarter earnings today of $53. 7 million, or $0. -
Fusion-io Trades Lower on Follow-On Offering
22 November 2011Data storage platform company Fusion-io (FIO) is seeing its shares decline today, with heavier than usual volume, after it priced a follow-on public offering. The company said late yesterday it had price an offering of 8. -
Analyst Moves: RIMM, WAG
21 November 2011Research In Motion (RIMM) was downgraded today by JMP Securities. A Market Underperform rating was assigned with a $12 price target. -
Daily Dividend Report: LANC, PCP, GPC, FLS, SJI, MTR
21 November 2011Lancaster Colony Corporation (LANC) announced its quarterly dividend of 36 cents per share, an increase of about 9% over its prior dividend in September of 33 cents. The dividend will be payable December 30, 2011 to shareholders of record on December 9, 2011. -
New Week, Same Sour Note For Stocks
21 November 2011Congressional Supercommittee expected to conceded defeat, disappointing market. -
Tyson Foods Whiffs In Latest Quarter
21 November 2011Poultry producer's earnings fall short of estimates. -
Western Digital Plans To Challenge Seagate Judgement
21 November 2011Hard drive maker says award of $525 million was rendered in confidential arbitration action.