International Business News - ANF 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 late Thursday upgraded Abercrombie & Fitch Co. after the apparel retailer's shares fell following weak September sales and a profit warning for the second half of its fiscal year. http://www.ibtimes.com/articles/20081010/ahead-of-the-bell-abercrombie-fitch-upgraded.htm Fri, 10 Oct 2008 08:43:40 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 Dow plunges 679 to fall to lowest level in 5 years NEW YORK (AP)--Stocks plunged in the final hour of trading Thursday, sending the Dow Jones industrial average down 679 points--more than 7 percent--to its lowest level in five years after a major credit ratings agency said it might cut its rating on General Motors Corp. The Standard & Poor's 500 index also fell more than 7 percent. http://www.ibtimes.com/articles/20081009/business-highlights.htm Thu, 09 Oct 2008 19:27:23 EDT Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20081009/gm-ibm-gap-morgan-stanley-among-big-movers.htm Thu, 09 Oct 2008 17:59:25 EDT Abercrombie & Fitch Co. shares fell Thursday, after the retailer said September same-store sales fell 14 percent and said second-half earnings will come in well below forecasts. http://www.ibtimes.com/articles/20081009/abercrombie-fitch-shares-hit-low-on-weak-sales.htm Thu, 09 Oct 2008 12:21:25 EDT Dismal September sales results from mall-based apparel chains, released Thursday, offered more fresh evidence that American consumers, spooked by the financial meltdown, shut their wallets tight last month. http://www.ibtimes.com/data/articleimgs/148210-abercrombie-fitch-sales.jpg http://www.ibtimes.com/articles/20081009/apparel-chains-report-dismal-september-sales.htm http://www.ibtimes.com/articles/20081009/apparel-chains-report-dismal-september-sales.htm Thu, 09 Oct 2008 15:33:34 EDT Among the earnings projection stories for Thursday, Oct. 9, from AP Financial News: SAN FRANCISCO (AP)--Shares of IBM Corp. jumped Thursday after the technology company's surprise announcement that it was still plenty prosperous in the third quarter despite the worsening economic climate. http://www.ibtimes.com/articles/20081009/outlook-roundup-ibm-tjx.htm Thu, 09 Oct 2008 10:53:48 EDT Retailers continued to report September same-store sales on Thursday that largely missed expectations, as consumers held back from shopping amid an uncertain economy and financial-market turmoil. http://www.ibtimes.com/articles/20081009/ahead-of-the-bell-same-store-sales-weak.htm Thu, 09 Oct 2008 09:12:31 EDT Abercrombie & Fitch Co. warned Thursday that earnings for the second half of its fiscal year will likely come in well below prior forecasts due to continued economic difficulties and declining consumer confidence. http://www.ibtimes.com/articles/20081009/abercrombie-warns-on-2nd-half-of-fiscal-year.htm Thu, 09 Oct 2008 08:49:46 EDT Teen apparel retailer Abercrombie & Fitch Co. said Thursday that its September same-store sales dropped 14 percent, more than quadruple the drop Wall Street expected. http://www.ibtimes.com/articles/20081009/abercrombie-fitch-sept-same-store-sales-fall.htm Thu, 09 Oct 2008 08:27:27 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 An analyst on Tuesday upgraded Abercrombie & Fitch Inc. and said any potential bad news is now reflected in the teen apparel retailer's share price. Since the beginning of the year, the New Albany, Ohio-based company has fallen by more than half, about 55 percent, to close at $35.74 on Monday. http://www.ibtimes.com/articles/20080930/ahead-of-the-bell-abercrombie-fitch-upgraded.htm Tue, 30 Sep 2008 07:09:11 EDT An analyst on Monday upgraded three apparel companies amid a sector-wide sales slump due to their relatively cheap share prices, despite the difficult economic environment. http://www.ibtimes.com/articles/20080929/ahead-of-the-bell-3-apparel-retailers-upgraded.htm Mon, 29 Sep 2008 09:19:02 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 Among the premarket activity stories for Friday, Sept. 19, from AP Financial News: NEW YORK (AP)--An analyst on Friday downgraded teen apparel retailer Aeropostale Inc. to "Neutral," saying she is increasingly concerned about a sales deceleration expected in the coming months. http://www.ibtimes.com/articles/20080919/premarket-roundup-aeropostale-gap.htm Fri, 19 Sep 2008 10:13:35 EDT