International Business News - AEO http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Shares of teen apparel retailers traded lower on Friday along with the broader market, as some analysts reduced earnings estimates following weak September same-store sales reports. http://www.ibtimes.com/articles/20081010/sector-snap-teen-apparel-shares-fall.htm Fri, 10 Oct 2008 11:56:04 EDT An analyst on Friday said that Aeropostale Inc. will likely continue to take market share from other teen retailers and upgraded the stock due to a decline in its share price. http://www.ibtimes.com/articles/20081010/ahead-of-the-bell-aeropostale-upgraded.htm Fri, 10 Oct 2008 08:21:06 EDT An analyst on Thursday said the difference between American Eagle Outfitters Inc.'s value and its share price was too wide to ignore, even amid a down market, and upgraded the teen apparel retailer to "Outperform" from "Market Perform." http://www.ibtimes.com/articles/20081009/ahead-of-the-bell-american-eagle-upgraded.htm Thu, 09 Oct 2008 08:20:58 EDT Summary of September same-store sales results for apparel category store chains, with percentage increase or decrease over the same month last year. Aeropostale Inc. 5 pct http://www.ibtimes.com/articles/20081008/apparel-chain-sales-results-for-september.htm Wed, 08 Oct 2008 20:05:25 EDT Among the earnings projection stories for Wednesday, Oct. 8, from AP Financial News: PITTSBURGH (AP)--American Eagle Outfitters Inc. shaved the high end off its profit guidance for the third quarter on Wednesday. http://www.ibtimes.com/articles/20081008/outlook-roundup-american-eagle-jc-penney.htm Wed, 08 Oct 2008 10:20:03 EDT American Eagle Outfitters Inc. shaved the high end off its profit guidance for the third quarter on Wednesday. The company said it now expects to earn 31 cents to 34 cents per share for the third quarter, knocking 2 cents per share off the previous high end of its estimate. Analysts surveyed by Thomson Reuters were expecting 34 cents. http://www.ibtimes.com/articles/20081008/american-eagle-tightens-profit-guidance.htm Wed, 08 Oct 2008 08:55:25 EDT American Eagle Outfitters Inc. said on Wednesday that same-store sales for September dropped 6 percent. Analysts surveyed by Thomson Reuters expected a same-store sales decline of 5 percent in September. http://www.ibtimes.com/articles/20081008/american-eagle-same-store-sales-fell-6-pct-in-sept.htm Wed, 08 Oct 2008 08:51:25 EDT American consumers went into hiding in September, leaving retailers with dismal sales and an uncertain future well beyond the holiday season as the fallout from the financial meltdown pushes spending even lower. http://www.ibtimes.com/data/articleimgs/147417-retail-sales.jpg http://www.ibtimes.com/articles/20081008/retailers-report-weak-september-sales.htm http://www.ibtimes.com/articles/20081008/retailers-report-weak-september-sales.htm Wed, 08 Oct 2008 18:42:35 EDT Shares of teen apparel makers declined along with the general market on Monday, as investors fear that U.S. financial turmoil would spread globally sent the market plunging. http://www.ibtimes.com/articles/20081006/sector-snap-teen-apparel-shares-down-with-market.htm Mon, 06 Oct 2008 13:16:03 EDT Shares of American Eagle Outfitters Inc. tumbled on Friday, after an analyst said teen apparel rival Abercrombie & Fitch Co. might perform better long term. http://www.ibtimes.com/articles/20081003/american-eagle-outfitters-shares-fall.htm Fri, 03 Oct 2008 19:58:32 EDT Shares in teen apparel retailers were mixed Friday after the House voted to approve the government's $700 billion financial rescue plan. Last week the stock market went into a tailspin after the House rejected an earlier version of the plan, although it recovered somewhat the next day. On Wednesday, the Senate approved a revised bill that added tax breaks and increased the limit on federal deposit insurance. http://www.ibtimes.com/articles/20081003/teen-apparel-shares-mixed-after-bailout-passes.htm Fri, 03 Oct 2008 13:35:59 EDT Shares of apparel retailers edged down slightly during the third quarter, amid turmoil in the financial sector and a shaky economy. The Dow Jones Apparel Retailers index dipped nearly 1 percent during the three months ending Sept. 29. Meanwhile, the Dow Jones Industrial Average fell roughly 9 percent. http://www.ibtimes.com/articles/20080930/specialty-apparel-retailers-edge-down-in-quarter.htm Tue, 30 Sep 2008 12:13:41 EDT Shares of several teen apparel retailers rose on Tuesday, as the broader market pared losses from Monday's record-breaking tumble. The Dow Jones Industrial Average rose about 263 points in Tuesday morning trading. On Monday, the index lost 777 points to finish at its lowest close in nearly three years. http://www.ibtimes.com/articles/20080930/sector-snap-teen-apparel-retailers-rise.htm Tue, 30 Sep 2008 10:41:14 EDT A Lazard Capital Markets analyst said Monday slow sales and mall traffic at apparel and footwear retailers will likely not recover until at least the second half of 2009. http://www.ibtimes.com/articles/20080922/ahead-of-the-bell-retail-may-not-recover-soon.htm Mon, 22 Sep 2008 07:57:33 EDT An analyst on Friday said specialty retailers are facing a difficult environment, with sector improvement likely more than a year away. In a note to investors on Friday, Jefferies & Co. analyst Randal Konik said in a note to investors that the bull market for specialty retail stocks is over. http://www.ibtimes.com/articles/20080919/sector-snap-apparel-retailers-face-difficulties.htm Fri, 19 Sep 2008 12:18:57 EDT Fitch Ratings on Wednesday said its U.S. retail group predicts holiday retail sales will likely be weak, as consumers continue to face economic pressure. http://www.ibtimes.com/articles/20080917/fitch-says-holiday-retail-sales-likely-weak.htm Wed, 17 Sep 2008 14:55:55 EDT Shares of teen retailers dropped Tuesday, following the general market down for a second day as the financial sector faces continued uncertainty. Investors have concerns about insurer American International Group Inc. and are awaiting the Federal Reserve's decision on interest rates later in the day. http://www.ibtimes.com/articles/20080916/teen-apparel-retailers-decline-along-with-market.htm Tue, 16 Sep 2008 10:05:28 EDT Slumping retail sales and economic pressures on consumers are expected to keep seasonal hiring for the holidays well below the average of recent years, according to a forecast released Monday. http://www.ibtimes.com/articles/20080915/forecast-sees-subpar-holiday-hiring-season.htm Mon, 15 Sep 2008 11:15:21 EDT Shares of teen retailers dropped Monday, following the general market down as the financial sector faced turmoil. Wall Street awoke to news that Lehman Brothers was filing for Chapter 11 bankruptcy protection and that Bank of America Corp. planned to buy Merrill Lynch & Co. for $50 billion in stock. http://www.ibtimes.com/articles/20080915/teen-apparel-retailers-follow-market-tumble.htm Mon, 15 Sep 2008 10:06:59 EDT Several teen apparel retailers fell on Tuesday, with Wet Seal Inc. one of the biggest decliners as an analyst downgraded the stock. However, it was not the only decliner in the sector, as teen retailers gave back gains from a surge yesterday in the market. http://www.ibtimes.com/articles/20080909/teen-apparel-retailers-give-back-gains-from-rally.htm Tue, 09 Sep 2008 13:06:22 EDT