During the midday trading session U.S. issues were mostly in the red, but had resisted the steep declines of Europe and Asia following a thumbs-down vote in Greece over bailout terms for the troubled country.
Greece’s refusal to accept the bailout terms proposed by its creditors in a referendum on Sunday forced all of Europe’s and Asia's major markets — with the exception of Shanghai — down on Monday.
Government and Trade
AGOA was the focus of a three-day conference in Geneva on Aid for Trade hosted by the World Trade Organization.
Mergers and Acquisitions
Combined companies' sales will exceed $19 billion with store count over 13,600 units.
Law firm aims to advise the $254 billion luxury and fashion industries on intellectual property.
Forecasts and Analysis
Lagging Expectations Index picks up 8.4 points despite lingering doubts about income prospects.
Marketing and Promotion
The growing bevy of beauty apps offers everything from online scheduling for an at-home blowout to determining if a brand tests on animals.
Succeeds Paul Dascoli, who has left the firm, and reports to Matthew Moellering, chief operating officer.
Maurices and Aéropostale expand apparel specialty clientele by two as Helzberg Diamonds and Things Remembered also sign on.
Despite fashion-related mergers and acquisition moving at a brisk clip, Bogner, the 83-year-old family-owned Munich brand, is no longer on the block.
Offering raises $1.6 billion to be applied to real estate purchases from Sears.