Many Texas businesses will remain closed despite expiration of stay-at-home order
By Joshua Skinner Medill Reports With Texas’ stay-at-home order set to expire at the end of April, many businesses are preparing to operate in a limited fashion. Others have decided to remain closed for financial, liability, or safety reasons. But on the journey to bring the state economy back to life, not all businesses are […]
Vera Bradley shares climb on firming growth prospects
By Kaitlin Schuler Vera Bradley Inc. shares jumped Wednesday after the handbag and accessories retailer offered an upbeat forecast in its fourth quarter report. In the latest quarter, the Fort Wayne, Indiana-based company posted net income of $15.7 million or 41 cents per diluted share, down 9.4 percent from $17.3 million or 43 cents per […]
Lowe’s revenue jumps on hot housing market and warmer winter
By Poroma Pant Lowe’s Cos. Inc. fourth quarter operating earnings showed a solid increase, as the retailer of home-improvement and building products profited from the recovering housing market and favorable weather conditions. For the quarter ending Jan 29, the North Carolina company reported net earnings of $11 million, or a penny per diluted share, down […]
A beautiful stock: Ulta Salon, Cosmetics & Fragrance Inc.
By Poroma Pant Enjoying a significant rise in its stock price in a quivering market, ULTA Salon, Cosmetics & Fragrance Inc. attributes its winning numbers to an ingenious six-part strategy. The beauty of the earnings and overall performance of the Bolingbrook-based chain has enabled it to capture the hearts of analysts. Commencing this year with a […]