International Business News - HOTT 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 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 Teen apparel retailer Hot Topic Inc. on Wednesday said same-store sales fell 1.8 percent in September, a smaller drop than analysts were expecting. Analysts surveyed by Thomson Reuters forecast a 4.3 percent decline in same-store sales for the five weeks ended Oct. 4. http://www.ibtimes.com/articles/20081008/hot-topic-sales-fall-1-8-percent-in-sept.htm Wed, 08 Oct 2008 19:47:56 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 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 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 Shares of teen apparel retailers dropped Friday, along with the broader market, as the Commerce Department reported retail sales fell by 0.3 percent in August. http://www.ibtimes.com/articles/20080912/sector-snap-teen-apparel-retailers.htm Fri, 12 Sep 2008 13:56:14 EDT Teen apparel retailers mainly fell on Friday, capping a weak when many reported weak August same-store sales amid a difficult back-to-school season. Abercrombie & Fitch Co. was one of the biggest decliners, after a Citi Investment Research analyst downgraded the company to "Sell" from "Buy" late Thursday. http://www.ibtimes.com/articles/20080905/sector-wrap-teen-apparel-retailers-sink.htm Fri, 05 Sep 2008 13:26:12 EDT Teen apparel retailer Hot Topic Inc. said Wednesday that its same-store sales fell 2.7 percent in August, a smaller drop than analysts were expecting. http://www.ibtimes.com/articles/20080903/hot-topic-same-store-sales-down-2-7-percent.htm Wed, 03 Sep 2008 17:26:02 EDT As teen apparel retailers reported quarterly results this week, it became clear that the weak economy is not sparing the sector. Many reported falling sales and all kept a tight rein on inventory levels and expenses. http://www.ibtimes.com/articles/20080822/sector-wrap-teen-apparel-retailers-batten-down.htm Fri, 22 Aug 2008 15:10:44 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/20080821/barnes-noble-burger-king-are-big-movers.htm Thu, 21 Aug 2008 18:52:26 EDT Among the stock activity stories for Thursday, Aug. 21, from AP Financial News: NEW YORK (AP)--Lehman Brothers Holdings Inc. shares bounced from its lows Thursday after an analyst upgraded his rating on the investment bank to "Buy," and believes it now has become a "hostile takeover candidate." http://www.ibtimes.com/articles/20080821/movers-roundup-lehman-peabody-energy.htm Thu, 21 Aug 2008 15:11:58 EDT Shares of Hot Topic Inc. fell on Thursday, after the teen apparel retailer reported a second-quarter loss and said August same-store sales were below expectations so far. http://www.ibtimes.com/articles/20080821/hot-topic-shares-fall-after-2q-report.htm Thu, 21 Aug 2008 13:12:25 EDT Hot Topic Inc. said Wednesday it expects to earn between 12 cents and 15 cents per share for its fiscal third-quarter, as same-store sales continue to dip slightly. http://www.ibtimes.com/articles/20080820/hot-topic-3rd-quarter-outlook-range-meets-street.htm Wed, 20 Aug 2008 17:33:11 EDT Hot Topic Inc. on Wednesday said its fiscal second-quarter loss narrowed as revenue inched up slightly. For the three months ending Aug. 2, the teen clothing retailer lost $450,000, or a penny a share. That compares with a year-ago loss of $1.7 million, or 4 cents per share. http://www.ibtimes.com/articles/20080820/hot-topic-posts-narrower-2nd-quarter-loss.htm Wed, 20 Aug 2008 17:24:38 EDT Shares of teen apparel retailers fell on Tuesday, as the market as a whole tumbled and an analyst said she expects weakness when Zumiez Inc. reports its second-quarter results on Thursday. http://www.ibtimes.com/articles/20080819/sector-snap-teen-apparel-falls.htm Tue, 19 Aug 2008 15:03:52 EDT Activity in teen retail stocks will likely be tied to guidance and any comments made by the companies about back-to-school sales trends as the sector begins reporting quarterly earnings, according to PiperJaffray analyst Jeffrey P. Klinefelter. http://www.ibtimes.com/articles/20080815/ahead-of-the-bell-teen-retail-preview.htm Fri, 15 Aug 2008 07:15:12 EDT Federal Reserve finds deepening credit crisis WASHINGTON (AP)--More banks are tightening lending standards on home mortgages and other consumer and business loans as a deepening credit crisis exerts a heavier toll on the economy. http://www.ibtimes.com/articles/20080811/business-highlights.htm Mon, 11 Aug 2008 18:11:09 EDT Amid the pile of downbeat sales reports for July from retailers, there was a sliver of hope: Second-quarter profits may not be as bad as expected when merchants such as Wal-Mart Stores Inc., Macy's Inc. and J.C. Penney Co. post their results starting this week. http://www.ibtimes.com/data/articleimgs/107278-retail-earnings-preview.jpg http://www.ibtimes.com/articles/20080811/retailers-2q-results-may-not-be-as-bad-as-thought.htm http://www.ibtimes.com/articles/20080811/retailers-2q-results-may-not-be-as-bad-as-thought.htm Mon, 11 Aug 2008 14:11:45 EDT Shares of specialty apparel retailers rose Friday, following the market up, as an analyst revised earnings estimates for the companies following July same-store sales reports. http://www.ibtimes.com/articles/20080808/sector-wrap-specialty-apparel-retailers-rise.htm Fri, 08 Aug 2008 15:53:08 EDT