Cash and Finance Management Blog

Gap raises profit outlook, shares rise

elaine — Fri, 18 May 2012 15:43:15 +0000

Thu May 17, 2012 6:42pm EDT (Reuters) – Gap Inc (GPS.N) raised its yearly profit forecast, prompted by first-quarter earnings that topped Wall Street estimates and rising sales, and its shares rose 8 percent after hours. For the full year, Gap estimated earnings of $1.78 to $1.83 a share, above the $1.75 to $1.80 it [...]

Shoe retailers to benefit from tight inventory control

elaine — Fri, 18 May 2012 15:43:09 +0000

By Meenakshi Iyer and Arpita Mukherjee Fri May 18, 2012 10:03am EDT (Reuters) – The warmest U.S. winter in years fueled higher sales of running shoes and other footwear at Brown Shoe Inc (BWS.N) and Foot Locker Inc (FL.N), and the companies are expected to benefit from tight inventory management in the next few quarters. [...]

Yahoo shares climb on report Alibaba deal near

elaine — Fri, 18 May 2012 15:43:02 +0000

Fri May 18, 2012 11:20am EDT (Reuters) – Yahoo Inc shares rose as much as 6.7 percent on Friday after a report that it was close to selling part of its valuable stake in the Alibaba Group. Shares of Yahoo climbed as high as $15.87 before easing to $15.64, up 5.2 percent. Yahoo and Alibaba [...]

ShawCor Receives Contract for the Coating of the Julimar Development Project

Press Release — Fri, 18 May 2012 15:30:17 +0000

ShawCor Receives Contract for the Coating of the Julimar Development Project PR Newswire — May 18, 2012 TORONTO, May 18, 2012 /PRNewswire/ – ShawCor Ltd. (TSX: SCL.A, SCL.B) today announced that its pipecoating division, Bredero Shaw, has received a contract from Apache in Australia with a value in excess of US$45 million to provide pipeline [...]

How can Construction Professionals Deliver Well Designed Homes That Don’t Cost a Fortune?

Press Release — Fri, 18 May 2012 14:39:11 +0000

How can Construction Professionals Deliver Well Designed Homes That Don’t Cost a Fortune? PR Newswire — May 18, 2012 LONDON, May 18, 2012 /PRNewswire/ – A high-profile panel including Lord Richard Rogers, Nick Raynsford MP and Eric Pickles MP tackled the issues at the annual Alan Cherry debate chaired by newsreader and journalist George Alagiah. [...]