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Daily Stock Wrap: November 23, 2009

The day's top gainers and losers.

CIT Gets OK for $500M in Financing

CIT Group receives go-ahead from bankruptcy judge to borrow as much as $500M to operate while in Ch 11. proceedings.

Foot Locker Reports $6M Loss

Foot Locker weathers big declines in apparel sales, misses expectations; Dick’s and Hibbett each posted sturdy soft goods revenues.

Retail Stocks Up Monday Despite Holiday Caution

S&P Retail Index rises 0.9% Monday.

Zumiez Stock Rises Friday Despite Tepid Outlook

Boardsports specialist Zumiez said net income fell 25.6 percent to $5.1 million for the three months ended Oct. 31.

Retail Stocks Dip Friday

Bon-Ton, Dillard's excel as fourth-quarter doubts linger.

ann taylor, kay kirll

Ann Taylor Posts Third-Quarter Profit

AnnTaylor's net income was $2.1 million in the third quarter.

Sally Beauty's 4th-Qtr. Net Up 25.6%

Sales for Sally Beauty rose 0.6 percent during the fourth fiscal quarter ended Sept. 30.

Daily Stock Wrap: November 20, 2009

The day's gainers and losers.

Wet Seal Buckle Dress Barn New York & Co. third quarter

Quarterly Profits Grow for Buckle and Dress Barn

Wet Seal profits drop, NY & Co. reduces losses.

Ron Burkle Yucaipa Perry Capital Scoop Sean John Ralphs

Burkle’s Yucaipa to Buy Piece of Barneys Debt

Sources say billionaire hedge fund manager Ron Burkle is in the final stages of purchasing some of Barneys New York’s debt from Citibank.

General Growth, CIT Make Progress in Ch. 11

Both companies aim to exit bankruptcy next month.

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