Financial

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Financial

Exterior of J.C. Penney store.

J.C. Penney Stock Declines Over 6 Percent on Reports of Expense Challenge

J.C. Penney stock plunged on news that the company was facing expense challenges forcing a cut back in worker hours.

Europe’s Stock Markets Down in Midmorning Trading

Retail, luxury stocks also fall.

Victoria's Secret Swim 2016 Catalogue vover featuring Elsa Hosk.

L Brands’ Stock Slides as April Sales Deflate

L Brands’ stock was slammed after the company reported its same-store sales fell in April.

Bebe Stores Inc.

Bebe Reports Loss, Considers Selling Assets

Bebe reported another quarter of losses and chief executive officer Manny Mashouf says he is looking for assets to sell.

Bath & Body Works

April Retail Sales Fall for L Brands, Cato, Buckle and Zumiez

April same store sales from L Brands, Cato, Buckle and Zumiez were lower than expected.

Sequential's Yehuda Shmidman

Sequential Brands Sees Revenue Grow 150 Percent

Sequential Brands reported revenue growth of 150 percent in its first quarter earnings.

Cherokee Global Brands

Analyst Is Bullish on Cherokee Global Brands, Says Investors ‘Missing’ Potential

Eric Beder, equity analyst at Wunderlich Securities Inc., reiterated a “buy” rating on the stock.

Alibaba Q4 Net Profit and Sales Surge

Net profit for the quarter ended March 31 rose 85 percent, while sales advanced 39 percent.

Europe’s Stock Markets Make Modest Gains

Retail, luxury stocks climb.