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Financial

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Bob Pressman

Bob Pressman Among Fred Leighton Bidders

A set of investors that includes former Barneys New York owner Bob Pressman has placed a $25.8 million bid for Fred Leighton Holding Inc.

Trinity Details IPO

Trinity Group initial public offering on the Hong Kong stock exchange could, in U.S. terms, raise anywhere from $62.6 million up to $114.7 million.

Retail Stocks Fall 1.7 Percent Tuesday

Housing pressure markets but Dow remains above 10,000.

Daily Stock Wrap: October 20, 2009

The day's top gainers and losers.

PPR Sales Drop 7.6 Percent In Q3

PPR SA reported a worse-than-expected drop in third-quarter sales, reflecting a slowdown in tourist flows and weak wholesale orders.

Lew Frankfort Coach LVMH Moet Hennessey Louis Vuitton first quarter

Coach Net Slips, Firm Upbeat on Holiday

Coach Inc. projected an improved holiday season despite lower first-quarter profits.

Catalogue Firm Quelle to Liquidate

Catalogue firm Quelle, part of insolvent Arcandor Group’s Primondo mail order division, will liquidate.

Safilo Approves Recapitalization Plan

Dutch shareholder Hal Holding to increase stake by injecting new funds.

Daily Stock Wrap: October 19, 2009

The day's top gainers and losers.

In Brief: Buxbaum Stalking Horse For S&K Trademarks...

The Buxbaum Group has been chosen as stalking-horse bidder for the intellectual property of the now-defunct S&K Menswear chain.

Rafaella Ekes Out Fourth-Quarter Profit

Rafaella cut inventories more than in half, but sales fall 42.7 percent in the quarter.

china ben bernanke retail stocks

Bernanke: Asia Leading Recovery

Federal Reserve chairman Ben Bernanke says Asian consumers will have to continue spending to maintain economic health.

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