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Abercrombie & Fitch Co. said Thursday that sales in stores open at least a year sank 15 percent in September, slightly worse than analysts predicted. Full Article at ABC News
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NEW YORK -- Abercrombie & Fitch on Thursday said sales at stores open more that a year fell 15% in October. Total sales for the four-week period ending Oct. 31 dropped 5% to $203 million. Full Article at FOX News
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It would look much more damaging ... if it appeared that the firm was dumping these investments because it saw them as toxic waste and virtually worthless.
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Our assessment at this time is that this is not the most effective way to use TARP funds, but we will continue to examine whether the targeted forms of asset purchase can play a useful role
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We only get better or stronger from here, given the weak comparisons with a year ago
SOURCE: International Business Times
