US based apparel marketer – Gap Inc said its Board of Directors have approved a new $500 million share repurchase authorization for its common stock. The new $500 million stock repurchase program follows its previous $1 billion ...
US home furnishings retailer - Bed Bath & Beyond Inc. reported near stable net earnings, while sales rose 4.3% year-on-year in the second fiscal quarter ending August 30, 2014. The retailer clocked net earnings of $1.17 per diluted share ...
Tags: home furnishings, Bed Bath
The Children's Place, the largest pure-play children's specialty US apparel retailer, announced quarterly cash dividend of $0.1325 per share and said it will also continue its share repurchase program. In an earlier statement, Children's ...
Tags: Children's Place, Cash, Apparel
Return on invested capital (ROIC) for the 12 months ended August 2, 2014 at garment retailer and NYSE-listed Nordstrom stood at 13.2 percent, down from 14.4 percent from same period last year. Nordstrom said, this decrease reflects ...
Tags: ROIC, Apparel, Accessories
Brunswick Corporation has agreed to sell its Retail Bowling business to Bowlmor AMF for $270 million, contingent upon customary closing procedures. Brunswick also announced its intention to divest its Bowling Products business. Brunswick is ...
Tags: Brunswick Corporation, AMF, Sporting Goods
LyondellBasell Industries announced earnings from continuing operations for the second quarter 2014 of $2.22 diluted earnings per share, or $1.17 billion. Second quarter 2014 EBITDA was $1.94 billion. The increase from the first quarter ...
Tags: LyondellBasell, Q2 Ebitda, Textile
Bed Bath & Beyond Inc. announced the pricing of three series of senior unsecured notes for an aggregate principal amount of $1.5 billion. Of these notes, $300 million will mature in August 2024, were priced to yield and will bear interest ...
Tags: Bed Bath&Beyond, Notes, Textile
Bed Bath & Beyond Inc. announced the pricing of three series of senior unsecured notes for an aggregate principal amount of $1.5 billion. Of these notes, $300 million will mature in August 2024, were priced to yield and will bear interest ...
Tags: Bed Bath&Beyond, Notes, Textile
Cooper Tire & Rubber Co. has entered into an accelerated share repurchase (ASR) program with J.P. Morgan Chase Bank N.A. Under the ASR agreement, the company will repurchase an aggregate of $200 million of its common stock. Cooper will ...
Tags: Auto Parts, Tire, Tyre
Bed Bath & Beyond Inc. announced that its Board of Directors has authorized a new $2.0 billion share repurchase program. The Company expects that the new share repurchase program will commence after the completion of its existing share ...
Tags: Bed Bath&Beyond, share repurchase, Textile
PPG Industries has announced that it has reached a definitive agreement to acquire Consorcio Comex, S.A. de C.V. ("Comex"), an architectural and industrial coatings company with headquarters in Mexico City, Mexico. The transaction is valued ...
Tags: Construction, Decoration, Coating
Lululemon Athletica Inc. reported a drop in profit for the fiscal first quarter amid a tax charge tied to a share-repurchase plan and lowered its outlook for the year. Comparable-store sales for the first quarter decreased 4 percent on a ...
Tags: Sporting Goods, Recreation
Goodyear Tire & Rubber Co. announced an update to its 2014-2016 capital allocation plan that will allow the company to invest approximately $500 million to build a new consumer tire plant to support demand in North America and Latin ...
Tags: Tire, Rubber Tire
The nation's largest sporting goods retailer reported net sales for the first quarter of 2014 ended May 3, 2014 increased 7.9 percent to $1.4 billion. Consolidated same store sales increased 1.5 percent, compared to the company's guidance ...
Tags: Sporting Goods, Recreation, Golf, Hunting
Dillard’s, Inc. announced operating results for the thirteen weeks ended May 3, 2014. Total merchandise sales for the 13-week period ended May 3, 2014 were $1.539 billion and $1.530 billion for the 13-week period ended May 4, 2013. ...
Tags: Dillard