Financial

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Financial

U.S. Retail Stocks Resist Greek-induced Declines

In mid-morning trading, U.S. equities showed modest declines amid concerns in Europe following a "no" vote in Greece for a bailout package aimed at maintaining solvency.

Greek ‘No’ Vote Forces European, Asian Stock Markets Down

Retail, luxury stocks around the world fell Monday on new uncertainty about the future of Greece.

A look from Joe's Jeans' Else brand.

Joe’s Receives Forbearance From Creditors

Agreements run until Oct. 15 with one-month extension available if requirements are met.

Onward Profits Inch Up

A strengthening of high-profitability areas such as e-commerce and a low comparative base helped to boost the company’s bottom line.

Europe’s Markets Lose Ground Ahead of Greek Referendum

Stocks were uneven Friday morning as Greeks head for the polls in vote that could topple the government and pave the way for an exit from the euro zone.

Investors Weigh Jobs Report, Retail Stocks Slide

Amid a jobs report that showed strength in numbers, but weaker wage growth, investors weighed how the Federal Reserve would react to the data and time an interest rate hike.

Europe’s Stock Markets Edge Down

The markets slipped as Greece and its creditors remain at odds.

LBO France Finalizes Acquisition of IKKS

The private equity fund said it plans to accelerate the chain’s development in Paris and fund international expansion.

Sears will contribute 10 properties valued at $228 million to the joint venture with Simon Property Group.

S&P Raises Ratings on Some Sears Notes

Overall corporate credit rating remains at ‘CCC-plus.’