July 21,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
XPO Logistics (NYSE: XPO), a provider of last-mile delivery, freight forwarding and other logistics services, has priced its recently-announced secondary stock offering at $60.50 per share
July 18,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Select Comfort (NASDAQ: SCSS), maker of the Sleep Number airbed, swung to a net loss in the second quarter after an inventory shortage forced the company to delay some deliveries until after the quarter ended.
July 18,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Ethan Allen (NYSE: ETH) said it expects to report lower sales and earnings per share for the fiscal year that ended June 30, as operating costs rose due to heavy advertising spending and other initiatives.
July 18,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
XPO Logistics (NYSE: XPO), a major provider of freight forwarding, last-mile delivery services, trucking, and related logistics services, said it will issue more than 11 million new shares of common stock in a secondary public offering.
July 14,
2017 by Larry Thomas in Business Strategy, Financial Reports, Industry
Directors of Bassett Furniture Inds. have approved a 1-cent hike in the company’s quarterly cash dividend to 11 cents per share.
July 11,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Rent-A-Center (NASDAQ: RCII) disclosed Tuesday that its board of directors recently rejected a takeover bid from Vintage Capital, an investment firm that is a major shareholder in rent-to-own player Buddy’s Home Furnishings.
July 10,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Paced by the Northeast, existing home sales grew consistently throughout the country last year, according to data from the National Association of Realtors.