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Gymboree 1Q profit tops expectations

May 20, 2009 1:39 pm | by The Associated Press | News | Comments

SAN FRANCISCO (AP) — Children's apparel retailer Gymboree Corp. said Wednesday its first-quarter earnings slid 13 percent, hurt by a drop in sales at stores open at least one year, but still topped Wall Street expectations.For the quarter ended May 2, profit declined to $21.8 million, or 74 cents...

House Dems press leadership over partisan debate, 2nd Ld-Writethru, TX

May 20, 2009 1:39 pm | by APRIL CASTRO - Associated Press Writer - Associated Press | News | Comments

AUSTIN, Texas (AP) — House Democrats said Wednesday they are prepared to put up a fight to stop a looming battle over efforts to require Texans to show more ID before they can vote.The bill has already been a partisan flashpoint in the Republican-led Senate, where it was approved along party lines...

Venezuela seizes 35 oil contractors under new law, LT

May 20, 2009 1:39 pm | by The Associated Press | News | Comments

CARACAS, Venezuela (AP) — Venezuela's state oil company is seizing control of 35 oil contractors under a new law, President Hugo Chavez's government said Wednesday.The takeovers will affect dozens of local companies that provide transport and other services to Venezuela's state oil company on...

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Citi Trends raises full-year profit outlook, APFN

May 20, 2009 1:39 pm | by The Associated Press | News | Comments

SAVANNAH, Ga. (AP) — Clothing company Citi Trends Inc. on Wednesday raised its 2009 profit outlook, expecting same-store sales to rise during the period.The company raised its yearly profit outlook to $1.33 per share, which includes 6 cents in charges. It previously expected earnings of $1.30 per...

Meltdown 101: How new credit card rules affect you

May 20, 2009 1:33 pm | by CANDICE CHOI - AP Personal Finance Writer - Associated Press | News | Comments

The overhaul of the credit card industry is being hailed as a triumph for long-abused consumers. But before you start banking on falling interest rates or vanishing fees, you might want to read the fine print.Credit card legislation that Congress sent President Barack Obama on Wednesday bans...

PetSmart 1Q profit rises 12 pct, ups 2009 view, APFN

May 20, 2009 1:33 pm | by The Associated Press | News | Comments

PHOENIX, Ariz. (AP) — Pet supplies retailer PetSmart Inc. said Wednesday its first-quarter profit rose 12 percent on higher merchandise and service sales.The company earned $46.3 million, or 37 cents per share, compared with profit of $41.2 million, or 32 cents per share, during the same period a...

Chrysler Notebook: Judge denies sale delay, US

May 20, 2009 1:33 pm | by The Associated Press | News | Comments

fasst369 fasst365%meta(ap_subject:Business;%)NEW YORK (AP) — Developments from Wednesday's Chrysler bankruptcy hearing:THE ISSUE: A group of Indiana state pension funds that own Chrysler LLC debt asked U.S. Judge Arthur Gonzalez to delay the automaker's planned hearing on the proposed sale of most...

BW)(CA-AMERICAN-STATES-WATER)(AWR.NYSE) American States Water Company Completes Public Offering of Common Shares Business Editors

May 20, 2009 1:33 pm | by The Associated Press | News | Comments

SAN DIMAS, Calif.-- (BUSINESS WIRE) — May 20, 2009-- American States Water Company (NYSE:AWR) announced today that it has completed an underwritten public offering of 1,150,000 shares of its Common Stock, including 150,000 shares issued upon exercise of an option granted to the underwriters to...

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Allegheny Energy says Va. OK'd 6 percent rate hike, APFN

May 20, 2009 1:32 pm | by The Associated Press | News | Comments

RICHMOND, Va. (AP) — Allegheny Energy Inc. says Virginia has approved an interim rate increase for customers of its Potomac Edison Co. subsidiary.Greensburg, Pa.-based Allegheny said Wednesday the average residential bill in Virginia will increase $5.47, or 6 percent, to approximately $96 a month...

Daily Summary May 20, 2009. MIDWEST CATTLE Direct Trade: In the direct slaughter cattle trade in the Five Major Marketing Areas,, WI

May 20, 2009 1:32 pm | by The Associated Press | News | Comments

Texas/Oklahoma; Kansas; Nebraska; Colorado; Iowa/Minnesota; not enough sales toestablish a trend.Steers: Live basis; (all Grades: 0 head).Dressed Basis; (all Grades: 1,606 head) 135.00-136.00,weighted average 135.68.Heifers: Live Basis; (all Grades: 89 head) 85.00.Dressed Basis; (all Grades: 0...

HL:Provident to keep current business model, makes cost-cutting moves@

May 20, 2009 1:32 pm | by The Associated Press | News | Comments

CALGARY — Provident Energy Trust (TSX:PVE.UN) said it is keeping its current business model following a 15-month strategic review, and has cut costs including jobs to save $12 million annually.The Calgary-based company said it will stick to its midstream and upstream business model.It announced a...

Navy helicopter with 5 crashes southwest of Calif., 15th Ld-Writethru, CA

May 20, 2009 1:32 pm | by ELLIOT SPAGAT - Associated Press Writer - Associated Press | News | Comments

SAN DIEGO (AP) — Searchers recovered three bodies and scoured the ocean for two more members of a Navy flight crew Wednesday after their helicopter went down in darkness on a training flight from an aircraft carrier, authorities said.The HH-60 Seahawk helicopter took off from the USS Nimitz and...

Colorado car dealers that could lose franchises, CO

May 20, 2009 1:31 pm | by The Associated Press | News | Comments

Chrysler LLC has identified dealers nationwide it would like to drop, including 14 in Colorado:— Craig: Cook Chevrolet Inc.— Delta: Hellman Motor Co.— Denver: Phil Long Denver-Jeep-Chrysler— Durango: New Country Chrysler— Fort Morgan: Fort Morgan Auto Center Inc.— Longmont: King Auto Group— La...

Cephalon publicly offering stock, notes, APFN

May 20, 2009 1:31 pm | by The Associated Press | News | Comments

FRAZER, Pa. (AP) — Cephalon Inc. said Wednesday it is publicly offering $300 million in common stock and $350 million in notes, partly to raise funding to enter a hedging transaction.The company plans on entering the hedging deal for common stock with Deutsche Bank AG's London Branch, an affiliate...

Pacific Music Forum: Die globale Musikindustrie sucht in Asien nach begeisterten Konsumenten, Innovatoren im Digitalbereich und dem nachsten Abschluss uber Google Music Business ...

May 20, 2009 1:16 pm | by The Associated Press | News | Comments

HONGKONG-- (BUSINESS WIRE) — 20. Mai 2009-- Indem es ein einzigartiges asiatisches Forum fur die Kreativ- und Technologiebranchen der Welt schafft, lockt die Music Matters - The Asia Pacific Music Forum, eine aussergewohnlich hochrangige Kollaboration weltweiter Fuhrungskrafte aus dem...

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