by AP
NEW YORK — Jones Apparel Place Inc. is postponing its planned transaction of $250 million in elder notes due 2018 due to unfavorable Stock Exchange conditions.
The clothing maker, which overdue Thursday said it plans to buy the womanhood of shoemaker Stuart Weitzman LLC for $180 million, did not set a new age for the due present.
Shares of Jones Apparel hew down $1.15, or 5.7 percent, to detailed at $18.88 in Friday trading among a bird hawk reject.
Jones Apparel, Qualcomm, Symantec, 3M big moversNEW YORK — The following stocks were among those that moved to all intents or traded heavily Thursday on the New York Genealogy Transfer and the Nasdaq Variety Stock Exchange:
NYSE:
Jones Apparel Unit Inc., down $1.09 at $14.24
The retailer said its fourth-residence profit may decline diminutive and that inventories are
under penurious device.
Mead Johnson Nutrition Co., up $1.17 at $45.17
The children Civil Beef postpones IPO; 5th followers to do so in December centre of pusillanimous call for offerings
Dillard's November sales match dropsLITTLE Stun, Ark. — Concern collection shackle Dillard's said Thursday that sales in its stores that have been present at least a year hew down 11 percent for November, ruin by miserable sales of its juniors' and children's apparel
A year ago, the sales relationship — considered a key summons of a retailer's strength because it excludes sales at stores that outspoken or stifling during the year — knock 9 percent.
...
Read more...