Howard Tubin News
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Canadian stocks rose, paring a weekly decline, after European nations other than the U.K. agreed to adopt tougher budget rules to save the euro currency.
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Ross Stores Inc. is gaining on rivals as its 60 percent discounts on Calvin Klein shirts and Nike sneakers win customers seeking bargains amid a slowing economy.
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U.S. retailers reported the smallest increase in monthly sales since November, with teen-clothing retailers Abercrombie & Fitch Co. and Aeropostale Inc. dragging down results.
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TJX Cos. plans to cut 4,400 jobs as it converts 91 A.J. Wright stores into T.J. Maxx, Marshalls or HomeGoods stores and closes the brand’s remaining 71 locations.
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Shares of the following companies are having unusual moves in U.S. trading. Stock symbols are in parenthesis, and prices are as of 1:45 p.m. in New York.
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Lululemon Athletica Inc. Chief Financial Officer John Currie credits the financial crisis for teaching the largest Canadian yoga-wear retailer where to open stores.
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Howard Tubin, an equity analyst at RBC Capital Markets in New York, talks with Bloomberg's Pimm Fox and David Wilson about Lululemon Athletica Inc.
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U.S. stocks rose, with the Standard & Poor’s 500 Index building on its biggest rally in almost two months, after retail sales improved, initial jobless claims fell and pending home sales unexpectedly increased.
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U.S. retailers reported July sales gains that missed analysts’ estimates as consumers cut spending ahead of the back-to-school season.
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Aeropostale Inc. , American Eagle Outfitters Inc. and TJX Cos. reported July sales that missed analysts’ estimates as consumers cut spending ahead of the back- to-school season.
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