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Major Movers on May 22; ZLC, NTAP, TGT, TOL, SKS

Shares of Zale Corp. (ZLC) catapulted more than 20% by afternoon trade after the jewelry retailer reported on Wednesday that it swung into fiscal third quarter profit. The Company also announced that the appointment of its new Chairman, Terry Burman, who previously served at the Chief Executive at rival firm, Signet Jewelers Ltd. For the [...]

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Major Movers on May 21; CCL, MDT, TIVO, SKS, URBN

Shares of Carnival Corporation (NYSE: CCL) fell about 4.30% by afternoon trade after the cruise company late on Monday downwardly revised its full-year outlook. Higher costs, current pricing strategy has resulted in more-than-expected dip in revenue yields, the Company said. Besides, higher-than-expected number of voyage cancellations is also expected to weigh on the top line. [...]

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Limited Brands and Saks Report Strong June Sales Results (LTD, SKS)

Retailers this week reported mixed sales results for the month of June. Declining consumer confidence and concerns over the labor market resulted in less spending from consumers in June. This hurt retailers’ sales results for the month of June.

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