Eleazar David Meléndez

541-570 (out of 592)

Maidenform Brands, Bellwether of Consumer Spending, Falls on Disappointing Sales

Maidenform Brands, Inc. (NYSE:MFB) badly missed Wall Street estimates for quarterly results released Wednesday, as the company faced sagging demand for the bras that support the bulk of its sales. The company's results, specifically its breakdown of sales growth by retailer type, painted an unflattering picture of a consumer economy weighed down by recessionary pressures.

2011 New York City Marathon Pictures: A Beautiful Day for a Run

Thousands gathered accross the five boroughs of New York to take part in the 2011 ING New York City Marathon, in what turned out to be a beautiful November day. Along the marathon route, which at points had the festive atmosphere of a parade, people gathered to cheer, play music, watch, or volunteer with the logistics of the event.

Sysco Tops Analyst Estimates as Food Distributor Passes Higher Costs to Customers

Sysco Corporation (NYSE:SYY) reported quarterly earnings per share of 55 cents Monday, topping analyst consensus estimates of 52 cents per share. Revenues for the food service logistics company were markedly higher, $10.59 billion versus analyst estimates of $10.49 billion. Net earnings were $302.65 million, an increase of $3.58 million, or 1.2%, when compared to quarterly earnings from a year ago.

Corzine's Fall From Grace Leaves Obama With Even Less Bridges to Wall Street

The fall of Jon Corzine, a prominent figure with a toehold in the worlds of both finance and politics, is not only an issue for himself, but for one of the men who likely sought his advice and support on a regular basis, President Barack Obama. Perhaps more importantly, it follows a trend that has dogged the president since 2010, as, due to a variety of causes, many of the people close to Wall Street he had previously sought out have later found themselves uninvited to tea in the Rose Garden.

Orbitz World Wide Beats Analyst Estimates, Raises Fiscal Year Forecast

In spite of facing a collapse in interest within the domestic market, having to deal with cross-marketing limits imposed by the airlines and booking less flights and hotels overall, the $202.92 net revenue figure represented a jump of 4.34% from quarterly net revenue a year ago. The company's net earnings, however, were down 26.73 percent from a year ago, as a substantial spike in marketing costs, payroll and Other Expenses ate into the bottom line.

Uncertainty from China, Cost Paradigm, Betray Current Rally in Solar Panel Stocks

Fueled by wider Eurozone summit rally, industry-specific news out of Germany and a trader-driven assessment that share prices might have reached technical bottoms, shares in various solar panel manufacturers surged Thursday and Friday. Disappointing industry developments, the possibility of negative surprises coming out of China, and the increasingly unforgiving economics of the business, however, mean the industry could face a very stormy fourth quarter.

Athletic Footwear Stocks, Juiced by Lightweight Running Shoe Trend, Are Sprinting Into New Records

After spending a summer sidelined by fears of an exhausted consumer and nearly stopped dead on their tracks by the market correction of early August, the stocks of athletic shoe and apparel makers (and the specialty retailers that put those products in consumer’s hands) have been sprinting into marathon season, outperforming the wider footwear and apparel sectors and setting one or two all-time records along the way.

Moammar Gadhafi Death Creates Massive Headache for Obituary Writers

As a despotic autocrat who ruled an oil-rich North African nation for decades, sponsored terrorists, and single-handedly destroyed the civil institutions of an entire state, the name of the former Libyan dictator whose bloodied body was dragged out of a drainage pipe and is expected to be buried today will surely outlive him in historical infamy. The question is, which name?

Oil, Equities Soar After Unexpected Drop in Petroleum Reserves

An unexpected drop in U.S. petroleum reserves reported mid-morning Wednesday surprised financial markets, which had been anticipating a moderate drop. U.S. commercial crude oil inventories for the week ending Oct. 14 decreased by 4.7 million barrels, according to weekly U.S. Department of Energy report. Analysts had predicted a rise of 1.75 million barrels.

Bank of New York Mellon Q3 Earnings Up, Beats Analyst's Call by a Penny

The Bank of New York Mellon Corporation (NYSE: BK) reported a third quarter net income of $651 million, or $0.53 per common share Wednesday morning, an increase of 4.7 perecent when compared with $622 million, or $0.51 per common share, in the third quarter of 2010. The results were a penny over mean analyst predictions of $0.52 per share.

Occupy Times Square Photos: Chanting, Music and Dancing

A demonstration in solidarity of the Occupy Wall Street movement took over Times Square Saturday. The protest, which spread over a bowtie-shaped archipelago of pedestrian plazas on Times Square between West 43rd and 47th Streets, had two distinct ideological flavors.

Occupy Wall Street Times Square Event Brings Art Heavy Hitters

With a flyer designed by a bold-faced artist and announcements being sent out through networks New Yorkers normally use to find out where the hottest after-hours soirees will be going down, the “Occupy Wall Street” protests enter their fourth weekend seemingly ready to party with the cool kids.

Pages