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NEW YORK-- Shares of Nordson Corp. fell Friday after the adhesives and industrial coatings maker posted fiscal second-quarter results that met Wall Street predictions, but issued a disappointing outlook for the current quarter. THE SPARK: For the quarter ended April 30, Nordson's profit rose 5 percent to $54.6 million, or 84 cents per share.
NEW YORK-- Shares of Aeropostale Inc. fell on Friday, a day after the teen apparel retailer reported a first-quarter loss and offered second-quarter guidance that disappointed investors. THE SPARK: Aeropostale Inc. reported a loss of $12.2 million, or 16 cents per share, during the quarter.
NEW YORK-- Shares of Shoe Carnival Inc. rose to an all-time high Friday after the footwear retailer managed to beat Wall Street predictions for fiscal first-quarter earnings, despite a 14 percent drop year over year.
May 24- Abercrombie& Fitch Co on Friday reported a steeper-than-expected drop in first-quarter comparable sales, blaming inventory shortages, and slashed its profit forecast, sending the teen clothing retailer's shares down 10 percent.
WASHINGTON, May 24- Federal Reserve profits paid over to the U.S. The Fed transferred $15.3 billion in the first quarter versus $23.8 billion in the same period in 2012, reflecting a decline in earnings from both interest and non-interest income.
NEW YORK-- Shares of Pandora Media Inc. rose on Friday after the Internet radio company reported better-than-expected first-quarter revenue, helped by more paying subscribers. Google Inc. launched a paid subscription plan called All Access last week, and Apple Inc. is expected to unveil a free radio streaming plan later this year.
BROOMFIELD, Colo.-- Noodles& Co. has made a regulatory filing for a proposed initial public offering of Class A common stock. Noodles launched in 1995. It says its revenues have grown from $170 million in 2008 to $300 million in 2012..
NEW YORK-- Abercrombie& Fitch became the latest retailer to release a disappointing outlook and shares tumbled 10 percent in early trading Friday after the company posted first-quarter earnings. For the period ended May 4, Abercrombie& Fitch Co. lost $7.2 million, or 9 cents per share.
*Pakistan's financing needs estimated at $6 bln- 9 bln. LAHORE, Pakistan, May 24- Pakistan's new leadership expects first results of its planned steps to shore up its finances and ease a power crisis in two or three months and only then should decide whether and on what terms to seek an IMF bailout, a senior policy adviser said on Friday.
May 24- Abercrombie& Fitch Co on Friday reported a steeper-than-expected drop in quarterly comparable sales, in part because of inventory shortages, and the teen clothing retailer's shares fell more than 11 percent.
TOKYO, May 24- Mitsubishi Motors Corp, the Japanese maker of Triton pickups, the Outlander Sport SUV and iMiEV electric car, wants shareholders to approve a capital reorganisation to clear more than $9 billion of accumulated losses, and pave the way for the resumption of dividends after a 15- year gap.
HONG KONG, May 24- Hong Kong shares are set to open flat on Friday, with PC maker Lenovo Group Ltd up 4 percent to be the top percentage gainer among Hang Seng Index components, extending gains after it reported a forecast-beating quarterly profit. The Hang Seng Index was set to open flat at 22,679.36.
May 23- Salesforce.com Inc's quarterly earnings and outlook disappointed investors as costs rise following a spree of acquisitions, sending its shares lower.
WHITE PLAINS, N.Y.-- Agribusiness and food company Bunge Ltd. said Thursday it is raising its quarterly dividend to 30 cents from 27 cents. The company's next dividend is payable Sept. 3 to shareholders of record on Aug. 20. Bunge also said it will pay a dividend of $1.22 on 4.875% cumulative convertible perpetual preference shares.
*MBIA, FGIC to recoup about $1 billion. NEW YORK, May 23- While bond insurers MBIA Inc and FGIC Corp receive the lion's share of Ally Financial Inc's $2.1 billion contribution to the debts of mortgage lender Residential Capital LLC, hedge funds like Paulson& Co may have obtained a better deal.
NEW YORK-- New York& Company Inc. posted a profit for its fiscal first quarter as the clothing company improved its pricing and merchandise selection. The company reported net income of $1.6 million, or 3 cents per share, for the quarter that ended May 4.
The Republican-dominated House of Representatives on Thursday voted to switch federal student loan interest rates to a market-based system.
Tesla described itself as the only American car company to have fully repaid government loans, but Chrysler called that statement "unmistakably incorrect."
SANTA CLARA, Calif.-- Chip maker Marvell Technology Group Ltd. said Thursday that its first-quarter net income fell sharply as revenue declined, but the results beat Wall Street's expectations. Excluding special items, Marvell earned 19 cents per share in the latest quarter.
NEW YORK-- Teen clothing store chain Aeropostale Inc. posted a loss in the first quarter, reversing a year-ago profit, as sales declined. The New York- based company booked a loss of $12.2 million, or 16 cents per share, in the three months that ended on May 4.