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  • DSW tops 1Q profit forecasts Wednesday, 27 May 2015 | 7:36 AM ET

    COLUMBUS, Ohio _ DSW Inc. on Wednesday reported fiscal first-quarter profit of $47.4 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share. Six analysts surveyed by Zacks expected $659.5 million.

  • Brown Shoe beats Street 1Q forecasts Wednesday, 27 May 2015 | 7:22 AM ET

    ST LOUIS _ Brown Shoe Co. on Wednesday reported fiscal first-quarter earnings of $19.3 million. Brown Shoe expects full-year earnings to be $1.84 to $1.94 per share, with revenue in the range of $2.61 billion to $2.63 billion. Brown Shoe shares have declined 6 percent since the beginning of the year.

  • Movado misses 1Q profit forecasts Wednesday, 27 May 2015 | 7:18 AM ET

    PARAMUS, N.J. _ Movado Group Inc. on Wednesday reported fiscal first-quarter profit of $3.6 million. Movado expects full-year earnings to be $2 to $2.10 per share, with revenue in the range of $590 million to $600 million. Movado shares have dropped roughly 3 percent since the beginning of the year.

  • Tiffany's first quarter is a diamond in the rough Wednesday, 27 May 2015 | 7:18 AM ET

    Sales grew 3 percent in the Americas, 4 percent in the Asia-Pacific region, and 21 percent in Europe. Sales at stores open at least a year was positive in the Americas and in the Asia-Pacific region as well. That's still a lot better than the per-share earnings of 69 cents per share that analysts had projected, according to a survey by by Zacks Investment Research.

  • The total average cost of a data breach is now $3.8 million, up from $3.5 million a year ago, according to a study by data security research organization Ponemon Institute, paid for by International Business Machines Corp.. Data breaches are becoming more common and significant, with high-profile attacks on Sony Corp, JPMorgan Chase and retailers Target Corp...

  • HOUSTON, May 27- Progressive shareholders are pushing to add directors with climate change expertise to the boards of Exxon Mobil Corp and Chevron Corp, arguing the largest U.S. oil companies need more depth of knowledge to navigate environmental issues. In January, Europe's Royal Dutch Shell Plc backed a measure from activist investors asking it to be more...

  • Toll Brothers meets 2Q profit forecasts Wednesday, 27 May 2015 | 5:15 AM ET

    HORSHAM, Pa. _ Toll Brothers Inc. on Wednesday reported fiscal second-quarter profit of $67.9 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was also for earnings of 37 cents per share. Toll Brothers shares have climbed nearly 8 percent since the beginning of the year.

  • G7 finance chiefs meet with growth problem to fix Wednesday, 27 May 2015 | 4:47 AM ET

    U.S. expected to press Europe to reach deal on Greece. The United States is likely to use the talks, beginning late on Wednesday and running through to Friday, as an opportunity to press Europe to reach a funding-for-reforms deal with Greece, an official close to the discussions said. Hosts Germany have given the meeting in Dresden the heading "Towards a Dynamic...

  • INGLEWOOD, Calif.— U2's latest live show included a call to fight AIDS, condemnation of the 1974 car bombings in Ireland, the voice of Stephen Hawking, high-tech stage gimmicks and just over two hours of music, including most of its 2014 album, "Songs of Innocence." Performing together since 1976, front man Bono, guitarist the Edge, bassist Adam Clayton and drummer...

  • Police search for motive in deadly Wal-Mart shooting Wednesday, 27 May 2015 | 3:13 AM ET

    Police in Grand Forks, North Dakota, are trying to find out what prompted a U.S. airman to walk into a Wal-Mart Supercenter and kill one worker, injure another and then fatally shoot himself. Grand Forks police said the shooting a few minutes after 1 a.m. Tuesday may have been random, with no link yet found between Marcell Willis, 21, and either the store or the...

  • Review: Online stylists for the shopping-averse Wednesday, 27 May 2015 | 3:01 AM ET

    For comparison, I tried Keaton Row, an online service that pairs you up with a real-life stylist. With Stitch Fix, you have no obligation to keep any clothes sent to you, though there's a $20 "styling fee" for each delivery— which can be applied toward the first $20 worth of clothing you buy. Keaton Row is free, and the stylist gets a commission if you buy any of the...

  • WASHINGTON— More than 100,000 taxpayers have had their personal tax information stolen from an IRS website as part of an elaborate scheme to claim fraudulent tax refunds. In order to access the information, the thieves cleared a security screen that required knowledge about the taxpayer, including Social Security number, date of birth, tax filing status and...

  • PORTLAND, Maine— In a nondescript industrial park, beer geeks line up several times a week outside Bissell Brothers to get the latest batch of fresh beer— much like foodies seeking the freshest baguettes, pomegranates or kale. That's tiny compared to the big craft breweries, which are stretching the meaning of "craft" under Brewers Association guidelines that...

  • NEW YORK, May 27- Steven Dudash, like most brokers, spends a lot of time making it easier for his clients to retire. After starting IHT Wealth Management in Chicago in June with six brokers, Dudash says he will buy four businesses from retiring brokers in coming months. Of the 300,000 brokers now working in the United States, nearly 35 percent are over 55. Between those...

  • NEW YORK, May 27- Long before the phrase "robo-adviser" existed, Sunnyvale, California- based Financial Engines was cornering the untapped 401 plan market with computer simulations to help people save for retirement. To hang onto those investors- and find others- Financial Engines is planning to go up against other so-called "robo-advisers," companies that use...

  • Pacific Gas & Electric Co. president announces retirement Wednesday, 27 May 2015 | 12:58 AM ET

    SAN FRANCISCO— The man who led Pacific Gas& Electric Company through a deadly 2010 pipeline explosion in the San Francisco area is retiring at the end of the year. PG&E Chairman and CEO Tony Earley said the board of directors is likely to discuss a replacement plan before Johns' last day December 31. In 2010, a natural gas pipeline explosion rocked San Bruno, a suburb...

  • DIARY- Top Economic Events to June 9 Wednesday, 27 May 2015 | 12:01 AM ET

    Treasury Secretary Jack Lew will participate in a moderated conversation at the London School of Economics and Political Science- 0945 GMT. LONDON- Bank of England's Sarah Breeden: CSFI Roundtable on Bank of England's Procyclicality Working Group SEOUL- Former Federal Reserve Chairman Ben Bernanke to attend a financial forum hosted by Dong-A Ilbo and...

  • SAN DIEGO— San Diego's dominant newspaper on Tuesday announced the layoffs of nearly a third of its 600 employees after it was acquired last week for $85 million by Los Angeles Times owner Tribune Publishing. "When the two companies announced that they were coming together, we said at the time there were going to be some synergies, and unfortunately for a lot of...

  • LOS ANGELES, May 26- More than two dozen marine mammals and nearly 40 birds, most of them pelicans, have been collected dead and alive from along California's oil-fouled coastline near Santa Barbara in the week since a petroleum pipeline ruptured there, wildlife officials said on Tuesday. Michael Ziccardi, a veterinarian from the University of California, Davis,...

  • The plane was inspected and its passengers' luggage was screened as EVA Air Flight 12 sat on the tarmac at the airport, but there was no evidence of a threat, FBI spokeswoman Laura Eimiller said. The FBI, airport police and the Los Angeles police bomb squad jointly investigated the threat, which came by telephone. In one case, U.S. military jets escorted an Air France...