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The chain's revenue also missed Wall Street's view, and it lowered its full-year earnings forecast. Shares of Abercrombie, which is still fighting off backlash from some comments CEO Mike Jefferies made seven years ago that recently went viral, dropped $5.23, or 9.6 percent, to $49.14 in midday trading.
ST. PAUL, Minn.-- Minnesota's investor-owned utilities will be required to get 1.5 percent of their power from solar energy by 2020 under legislation signed by Gov.
WASHINGTON, May 23- The Republican-dominated U.S. House of Representatives on Thursday voted to switch federal student loan interest rates to a market-based system. The White House also threatened on Wednesday to veto the bill, arguing the plan would create uncertainty for students.
ST. PAUL, Minn.-- Patterson Cos. net income rose 2 percent in the fourth quarter on improved sales of dental equipment and software, but sales in the medical unit slid and the company expects more of the same in the near term. However, within the rehabilitation supply and equipment unit, sales declined to $123.6 million from $130.0 million.
*Corn acreage reductions possible in some areas of Midwest. CHICAGO, May 23- Rainfall over the next week to 10 days in parts of the Midwest will delay late corn seedings and possibly cause a shift from corn to soybean acreage, an agricultural meteorologist said on Thursday.
Facing a deadline in which federal loan rates would double for 7 million college students, the House is ready to pass legislation that links student loan rates to the markets.
Problems at regional refineries, declining gasoline stockpiles and delays of shipments into the region from the Gulf Coast helped boost prices last week, prompting market players to hoard what fuel they had. In Minneapolis, the average price per gallon has fallen to $4.26 from an all-time high of $4.32.
NEW YORK, May 22- The U.S. government bond market has weakened in recent weeks but some investment strategists fear that this may only be the beginning of an extended sell-off.
TORONTO, May 22- Canadian Pacific Railway Ltd said on Wednesday it has repaired and reopened a rail line near Jansen, Saskatchewan, and continues to clean up after a derailment that spilled 575 barrels of crude oil on Tuesday. The accident follows a CP derailment in western Minnesota that spilled 360 barrels of Canadian crude in late March.
CHICAGO, May 22- U.S. farmers should begin winding down corn plantings over the next week to 10 days despite occasional showers and storms that will cause temporary delays, an agricultural meteorologist said on Wednesday.
CNBC has been ranking all 50 states for competitiveness since 2007. This year's report comes as states continue to get back in fighting shape—fighting for jobs, that is.
We score all the states on 55 measures of competitiveness and 10 categories, from the cost of doing business to technology and innovation.
CALGARY, Alberta, May 21- Canadian Pacific Railway Ltd said that five tankers containing oil derailed on Tuesday morning near Jansen, Saskatchewan, and one of the cars spilled 575 barrels of crude, the largest of three spills for the company in two months.
MINNEAPOLIS-- Medtronic shares rose 5 percent Tuesday after the company reported better-than-expected fourth quarter earnings on sales of implantable heart defibrillators and pacemakers. "With our scale and breadth of innovative technology, Medtronic is clearly outperforming the market," said CEO Omar Ishrak, in a statement.
CALGARY, Alberta, May 21- Canadian Pacific Railway Ltd said five tankers containing oil derailed on Tuesday morning near Jansen, Saskatchewan, and one of the cars is leaking crude, the third spill for the company in two months.
*Corn plantings still lag five-year average pace. CHICAGO, May 21- Occasional rainfall over the next week to 10 days will slow seedings of the U.S. corn crop, which was planted at a record fast pace last week, an agricultural meteorologist said on Tuesday.
WASHINGTON, May 20- The U.S. Supreme Court agreed on Monday to weigh whether federal law prevented a customer from suing an airline for kicking him out of its frequent flyer program for allegedly complaining too frequently about the service.
CONCORD, N.H.-- Gas prices have risen in New Hampshire, but they're still below the national average. The website Gasbuddy.com says the average retail price for a gallon of gas rose 1.9 cents in the last week, averaging $3.45 in New Hampshire on Sunday.
NEW YORK-- Target Corp.' s first-quarter financial results Wednesday should offer insight into how its shoppers are grappling with a payroll tax and other financial issues.
ST. PAUL, Minn.-- Minnesota Democrats are making a late push on a bill to raise the state's minimum wage. A House-Senate conference committee is set to meet Monday morning for the first _ and maybe only _ time. That's because the House approved a bill raising it in three stages until the hourly minimum reaches $9.50 by 2015; the Senate's bill topped out at $7.75.