VF Corp. (VFC:NYSE)
Key News About VF Corp. (VFC)
McCormick & Schmick’s Seafood Restaurants, Inc. today announced the appointment of Michelle Lantow as its Chief Financial Officer, effective January 6, 2010.
Federal bankruptcy filings show that Patrick Hackett Hardware Co. owes more than 200 creditors at least an estimated $10 million, yet the company lists assets of less than $50,000. The Ogdensburg retailer filed for Chapter 11 bankruptcy protection Tuesday in U.S. Bankruptcy Court, Northern District of New York, Utica.
They drew up a winning game plan for the World Series -- and executed it fl awlessly. The pressure was enormous, but they overcame it with hustle, dedication and great teamwork. "There was no room for lollygagging," said their proud manager. No, that's not a description of the champion New York Yankees.
10/29/09 -- RothmanResearch.com, www.rothmanresearch.com, is a unique and free to use financial portal reaching all investors to provide the best source of content and research they can find online. Companies been researched today are: Alpha Natural Resources Inc. - Sector: Basic Materials. Fidelity National Financial Inc. - Sector: Financial. LDK Solar Co.Ltd. - Sector: Technology.
Shares of apparel maker VF Corp., maker of Lee and Wrangler jeans, fell Tuesday, a day after the company said third-quarter profit fell 7 percent as revenue fell. Shares fell $5.82, or 7.3 percent, to $72.73. The Greensboro, N.C., company that also owns the North Face and Vans brands missed analysts' estimates by a penny on Monday.
Plus, Wall Street analyst opinions on VF Corp and RadioShack on Tuesday
Apparel maker VF Corp. said Monday its third quarter profit fell 7 percent on lower revenue, missing analysts' estimates by a penny. In after-hours trading, shares of VF fell $5.03, or 6.6 percent, to $73, after adding 17 cents to close at $78.49. The company reported net income fell to $217.9 million, or $1.94 per share, down from $233.9 million, or $2.10 per share in the prior-year period.
-- Full year earnings guidance moved to higher end of range -- 3Q revenues decline 5%; 3% in constant dollars -- 3Q EPS of $1.94 includes $.17 per share impact from higher pension expense and currency rates -- 3Q gross margin of 44.3% near record levels -- Higher 2009 cash flow from operations: could reach $800 million -- Raising quarterly dividend payment for 37thconsecutive year.
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Stock Quotes
| Recently Viewed | |||
| VFC | $72.46 USD | -0.96 | |
|---|---|---|---|
| MAR | $26.13 USD | -0.27 | |
| VOD | $22.42 USD | -0.13 | |
| PSON (GB) | 843.00 GBX | +6.00 | |
| EK | $4.01 USD | -0.12 | |
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