- Retail Wreck: Abercrombie and Aeropostale Slump The Exchange
Clothiers catering to teens and young adults were selling off Friday, paced to the downside by Abercrombie & Fitch, which was having its worst trading session since last August following a weak quarter and poor outlook.
- Wall St. Slips on Fed Stimulus Uncertainty; P&G Jumps Reuters
Stocks fell for a third day on Friday, putting indexes on track for their first negative week since mid-April, on lingering concern the U.S. central bank may scale back its stimulus measures to support the economy.
- Billionaire Investor Says Babies Are Like Divorce, They Both 'Kill' Focus @ Daily Ticker Videos
Hedge fund billionaire Paul Tudor Jones is making headlines after talking about “baby’s lips on a girl’s bosom” as a career-stunting “killer” for female Wall Street traders.
For all the negative publicity Abercrombie has endured, the stock remained resilient. That came to a screeching halt this morning.