Business

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by TheFortuneFinancial.com.

The Z-Score is a formula for predicting whether a company will go bankrupt within two years. Look at some retailer/wholesalers to see what's happened in the past two years.

(Reuters) - Supermarket mogul Ron Burkle and his investment arm, Yucaipa, have purchased a large amount of U.S. luxury retail chain Barneys New York's debt, the Wall Street Journal said, citing people familiar with the matter.Citigroup Inc C sold a big part of Barneys' secured term loan to Burkle at...

Investors and Wall Street came to the rescue as it appeared we were on our way to a down day. Volume finished at 3.82 Billion shares traded on the NYSE and 1.82 Billion shares over on the NASDAQ. That’s a fairly light day in our estimation. Earnings out of Target (TGT), Home Depot (HD) and TJX [...]

Jones Apparel (NYSE: JNY) opened at $18.94. So far today, the stock has hit a low of $17.92 and a high of $18.94. JNY is now trading at $18.10, down $0.97 (-5.09%). Over the last 52 wee...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)

Jones Apparel Group Inc.’s (JNY) share price has entered into oversold territory with a stochastic value of 15.69. The Zacks Consensus Estimate on the Zacks #1 Rank (“Strong Buy") company’s full-year earnings has increased by 3 cents over the past week to $1.11 per share. The most accurate estimate is even bullish at $1.16 per share.
"JNY" Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research

With the U.S. unemployment rate at its highest in more than a quarter century–and likely to rise further–industries that depend on discretionary consumer spending may not rebound anytime soon, Standard & Poor’s says in a new report. S&P’s Chief Economist David Wyss predicts that unemployment will continue to climb, reaching 10.6% in mid 2010. “Even with [...]

Apparel makers will have to fight hard to keep their brands relevant to consumers.[More...]

We’re going to stick with the Textile-Apparel industry for a second consecutive day and feature G-III Apparel Group, Ltd. (GIII). With a gain of approximately 6%, this clothing company is a top-performing Zacks #1 Rank company on Thursday. Earnings estimates remain at heightened levels from 2 months ago thanks to a healthy fiscal second-quarter report, announced [...]

(GIII) Top Performer for Thurs: G-III Apparel- Zacks #1 Rank Top Performers

BloggingStocks: Analyst upgrades: Collins Stewart upgraded General Dynamics (NYSE: GD) to Buy from Hold as it finds the valuation compelling at current levels and sees potential upside from a better economy and better-than-expected defense budgets. SunTrust ... Read more

Elizabeth Harrow takes a look back at news that drove the major market indices today.

Mark Fightmaster takes a look at news on the Street before the market opens.

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