NEW YORK, June 10- A Securities and Exchange Commission judge has ordered optionsXpress, its former chief financial officer and a customer to pay a total of $4.8 million in fines and to return $4.2 million for illegally selling shares they did not hold.
*Company sees Q1 EPS $0.28- $0.30, vs $0.32 a year earlier. *Shares rise 1.7 percent to C $66.47 in Toronto. TORONTO, March 21- Yogawear chain Lululemon Athletica Inc said on Thursday it could lose up to $40 million in profit this fiscal year because of its decision to pull defective workout pants from its shelves.
*Company sees Q1 EPS $0.28- $0.30, vs $0.32 a year earlier. *Shares rise 1.9 percent to C $66.61 in Toronto. TORONTO, March 21- Lululemon Athletica Inc said on Thursday it expects earnings to drop in the current quarter, hurt by a recall of its trendy workout pants, and reported results for the quarter ended Feb. 3 that came in slightly ahead of forecasts.
*Taiwan supplier says Lululemon misjudged consumer tastes. *Shares down 3.3 pct on Toronto Stock Exchange.
*Taiwan supplier says Lululemon misjudged consumer tastes. *Shares drop 4 pct on Toronto Stock Exchange.
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.