- Abercrombie Shares Slide After Earnings Disappoint MarketWatch
Abercrombie & Fitch shares fell more than 10% in the premarket after the teen retailer reported a first-quarter loss of $7.2 million and reined in its profit forecast.
- Debt Collector Sued Over Tactics The Wall Street Journal
Fausto Brito, a Bronx truck driver, said he was stunned to learn last summer that his credit was too damaged to obtain a home mortgage.
- 4 SAC Executives Subpoenaed in Insider Trading Inquiry New York Times
The four executives were ordered to testify before a grand jury investigating actions at the hedge fund.
Cook's appearance before Congress highlighted how much money the company is saving," says Todd Schoenberger, managing partner at LandColt Capital.