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Vicki M. Young

Deputy Financial Editor

vicki.young@fairchildpub.com

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Luxe's Winning Strategy: Neiman Marcus Profits Climb 19.3% in Quarter

Neiman Marcus Group saw second-quarter profits rise 19 percent to $70.6 million, as sales gained 7.7 percent to $1.13 billion from $1.05 billion.

- March 3, 2005

Penney's Profits Leap 66%

Merchandising and cost-saving initiatives contributed to J.C. Penney's 66 percent gain in operating profit for 2004.

- February 25, 2005

Federated Decision on May Could Come Soon

Federated Department Stores Inc., with its board of directors scheduled to meet Friday, could make a crucial decision regarding its merger with May Department Stores at that time.

- February 24, 2005

Target-Vornado Drop Talks

NEW YORK — Target Corp. and Vornado Realty Trust have abandoned talks about a joint bid to buy Sears, Roebuck & Co., people familiar with the matter said.

Target, based in Minneapolis, pulled the plug on a potential bid after deciding...

- February 24, 2005

Terry Lundgren

Closing In on a Merger: Federated, May Co. Talks Intensify Over Final Price

Federated Stores, amid speculation that a resolution was near in merger talks with May Co., reported strong fourth-quarter and year-end results.

- February 23, 2005

Consumer Confidence Slips, But Results are Encouraging

The Conference Board's Consumer Confidence Index slipped in February, although it was still better than anticipated and higher than a year ago.

- February 23, 2005

Federated-May Status Keeping Street Abuzz

The two retailers negotiated last week, and there was speculation that they were reasonably close on a price.

- February 22, 2005

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