Daily Stock Wrap

August 2008
WWD: Women's Wear Daily;8/14/2008, Vol. 196 Issue 34, p14
Trade Publication
The article presents an analysis of retail stocks as of August 14, 2008. At New York Stock ExchangeStandard & Poor's Retail Index ended the day with a 2.4% decline, more than twice the drop of the Dow Jones Industrial Average. Tween Brands Inc., reported a far-larger-than-expected loss for its second quarter, while Macy's Inc. shares managed a 1.9 percent increase, despite lower second-quarter profit. European issues were generally lower as well, with Marks and Spencer Group plc declining 10.1%.


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