Accessories News


General Growth Sees FFO Gain in Second Quarter

In its second-quarter report released after the market closed, General Growth Properties Inc. said its funds from operations increased 7.1 percent on higher year-over-year net operating income.

Personal Income, Spending Rise, But Stocks Open Down

Personal income and spending increased, but stocks opened down as Sears sales dropped.

Europe’s Markets Look Up

In contrast, Greece's Athex index plunged nearly 20 percent Monday morning on in its first day operating since the country's debt crisis.

Judge Throws Out Bulk of Louis Bacon Defamation Claims Against Peter Nygård

Judge Cynthia S. Kern ruled Friday that the various allegations were dismissed on the grounds of duplication of the defamatory claims or for being time-barred.

Hanes, Gildan Open Lower on Mixed-Market Start

Stocks opened to a mixed start with Hanes Brands and Gildan disappointing investors.

Gildan Stock Slides on Earnings Miss

Gildan Activewear sees earnings drop in the second quarter on weakness in Europe.

Europe’s Markets Flat

Fashion stocks had an uneven start in trading Friday morning.

A Carrefour hypermarket.

Brazil Drives Carrefour Profits Growth

Profitability improved sharply in Latin America and European countries.

L'Oreal, Pro Fiber

Currency Boosts L’Oréal, While P&G and Avon Face Headwinds

L'Oréal significantly benefited from strong currency tailwinds but those same tailwinds turned into headwinds for U.S.-based Procter & Gamble and Avon Inc.