Vera Bradley Inc.' s shares fell Friday for the second straight session, after the handbag maker cut its full-year guidance and said that its CEO plans to retire. Vera Bradley also said that Mike Ray, its CEO since 2007 and son-in-law of a company co-founder, plans to retire. THE BIG PICTURE: Vera Bradley is known for its colorful handbags and accessories.
May 23- Signet Jewelers Ltd reported higher first-quarter sales and profits on Thursday, lifted by brisk business at its mid-priced Kay Jewelers chain at Valentine's Day and leading up to Mother's Day.
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.