CVS Ex-Dividend Reminder - 4/19/13 Wednesday, April 17, 10:10 AM ET, by Market News Video Staff On 4/19/13, CVS Caremark Corporation (CVS) will trade ex-dividend, for its quarterly dividend of $0.225, ...
UPRO, ANF, ACN, ACT: ETF Inflow Alert Friday, April 19, 11:41 AM ET, by Market News Video Staff Symbols mentioned in this story: UPRO, ANF, ACN, ACT Exchange traded funds (ETFs) trade just ...
By Market News Video Staff, Wednesday, August 24, 10:02 AM ET
Teen apparel retailer American Eagle Outfitters (NYSE:AEO) reported second quarter earnings today that rose to $19.7 million, or $0.10 per share, compared to $9.7 million, or $0.05 per share, last year.
On a continuing operations basis, however, earnings fell to $0.10 per share from $0.13 per share in last year’s second quarter.
Earnings per share missed analyst expectations, although total sales, which rose 4% to $676 million, exceeded analyst estimates.
Same-store sales were flat in the second quarter.
Rival Abercrombie & Fitch (NYSE:ANF) is trading up 0.25% today, while Aeropostale (NYSE:ARO) trades up 0.2%.
Also today, CVS Caremark (NYSE:CVS) said its board has approved a share repurchase program of up to $4 billion.
The new buybacks will be in addition to the $2 billion share repurchase program announced in June 2010, which is expected to be completed this year.
CVS said it intends to repurchase $1 billion under the new authorization by the end of the year.
CVS shares are trading up 2.6% Wednesday.
Rival Walgreen (NYSE:WAG) is trading up 0.8%, while Rite Aid (NYSE:RAD) trades up 1%.
This Article's Word Cloud:AeropostaleAlsoAmericanCaremarkEarningsFitchNYSERiteRivalTeenWednesdayalthoughanalystannouncedapparelbillionboardbuybackscomparedcompletedearningsestimatesexceededexpectationsexpectedflatfromintendslastmillionmissedprogramquarterrepurchaserosesaidsalessecondsharesharesstoretodaytradestradingunderwerewhichwhilewillyear
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.