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After a difficult January, when shoppers first felt the effect of a payroll tax hike that lowered take-home pay by 2 percent, some retailers got a little relief in February from growing employment and a rising stock market.
Check out which companies are making headlines after the bell Wednesday:
Many top U.S. retailers reported strong January sales after offering compelling merchandise that drew in shoppers facing a hit to their take-home pay from higher payroll taxes.
The apparel maker has recently received both an upgrade and downgrade, so here's where Jim Cramer fits in.
Check out which companies are making headlines after the bell Tuesday.
Take a look at some of Friday's morning movers.
Check out which companies are making headlines after the bell Thursday:
Bon-Ton Stores Inc. 3.7 pct. Stage Stores Inc. 6.5 pct. Costco Wholesale Corp. 7 pct.
A handful of U.S. retailers expect the massive storm that hit the U.S. East Coast this week to hurt sales in November, while overall holiday sales should still show the slow growth that was forecast before Sandy hit.
SYDNEY, Oct 12- Private equity firm TPG has withdrawn a A $694 million takeover bid for Australian surfwear retailer Billabong International Ltd, the second bidder to exit after inspecting its books, knocking the stock to a record low. The TPG withdrawal is a big negative for the stock, "said Stan Shamu, market strategist at IG Markets.
The Buckle Inc. -0.8 pct. Ross Stores Inc. 5 pct. Stein Mart Inc. 2.4 pct.
*Macy's, Target sales miss analysts' forecasts. Retailers including Costco Wholesale Corp, Victoria's Secret operator Limited Brands Inc and teen chain Zumiez Inc posted bigger-than-expected gains in September sales at stores open at least a year. Target Corp and Macy's Inc posted same-store sales increases that missed analysts' expectations.
*Sales from Costco, Limited, Zumiez top expectations. Retailers including Costco Wholesale Corp and Victoria's Secret operator Limited Brands Inc posted bigger-than-expected gains in September sales at stores open at least a year.
By Miranda Maxwell MELBOURNE, Oct 4- TPG Capital Management LP's. $700 million bid for Billabong International Ltd. Shares in Billabong fell as much as 23 percent to A $1.015, their lowest in more than three months, and last traded down 18.3 percent at A $1.075 before being placed on a trading halt.
MELBOURNE, Oct 4- Australia's Billabong International Ltd lost almost a quarter of its market value after a report said the last remaining bidder, private equity firm TPG Capital Management LP, might follow former suitors and ditch its takeover offer for the surfwear retailer.
The Nasdaq Composite Index added 14.98 points, or 0.48 percent, to 3,128.51. **ARQULE INC $2.14, down 57.73 pct The biotechnology company and Japan's Daiichi Sankyo Co Ltd. **SIRIUS XM RADIO INC, $2.62, up 2 pct.
S&P 500 futures rose 7.7 points, Dow Jones industrial average futures rose 23 points, and Nasdaq 100 futures. The biotechnology company and Japan's Daiichi Sankyo Co Ltd. CNBC Mad Money host Jim Cramer said the Internet company has "real value because it has some really terrific assets", and new Chief Executive Marissa Mayer is committed to unlocking its value.
Take a look at some of Tuesdays morning movers.
*Reports September 2012 sales results. *September sales rose 18.6 percent to $62.7 million. *September same store sales rose 5.6 percent.