Jim Kramer of CNBC said Friday’s employment report from the Labor Department has satisfactory markets on Friday, at least for the interim. The U.S. economy added 9379,000 jobs last month and the unemployment rate fell, while stocks bounced off their day lows and dragged three days of difficult trading to …
Read More »Stitch Fix (SFIX) beats earnings, shares Skyrocket on upbeat outlook
Katrina Lake, founder and CEO of Stitch Fix Inc. Patrick T. Falan | Bloomberg | Getty Images Shares of Stitch Fix rose on Monday after the company reported a surprising 10% profit and revenue growth from a year earlier. Its stock after hours trading. Than% remained above. Oct. In the …
Read More »Ann Taylor’s mother Ascena files for Chapter 11 bankruptcy
Ann Taylor and Loft’s parent company, Ascena Retail Group, filed for Chapter 11 bankruptcy protection Thursday morning, marking the latest apparel maker on the brink of the coronavirus pandemic. With thousands of physical stores, at its peak, Ascena was once the largest retailer of women’s clothing in the country, having …
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