
Shares in Randgold Resources shed 2.5 percent after the West Africa-focused gold miner posted "mixed" second-quarter results accompanied by a share offering, with Numis Securities cutting its rating to "sell from "reduce".
Shares in Randgold Resources shed 2.5 percent after the West Africa-focused gold miner posted "mixed" second-quarter results accompanied by a share offering, with Numis Securities cutting its rating to "sell from "reduce".
Debt-laden Italian eyewear maker Safilo, which has been seeking to strengthen its balance sheet, postponed release of its first-half results after talks with private equity groups fell through.
De Beers' far from sparkling results show its management is finally tackling costs and over-production, but that won't stop Anglo American CEO Cynthia Carroll fretting about the diamond group's debts as she tries to wriggle out of Xstrata's bear hug.
Anglo Platinum, the world's biggest platinum producer, said its earnings per share tumbled 95 percent on lower prices for the metal, but said it would meet its annual output target.
At one time, most men in the Javanese cultural capital wore traditional batik headgear. Today, the distinctive "blangkon" is old hat in the city of Yogyakarta.
A private equity deal is looking the most likely solution in Safilo's quest to strengthen its balance sheet, as Bain Capital remains the last contender in a race for a stake in the debt-laden eyewear maker.
Watch and jewellery retailer Titan Industries Ltd will report a marginal growth in first-quarter profit on slow sales amid an economic slowdown, analysts said.
Footwear maker Deckers Outdoor Corp posted a surprise second-quarter profit, helped by cost controls, but forecast a weak fourth quarter, when sales of its trademark sheepskin boots are traditionally strongest.
Fragrance maker Inter Parfums Inc posted a 11 percent fall in second-quarter sales that still beat market view, and backed its full-year outlook as it expects a stronger second half.
Women's apparel retailer Coldwater Creek Inc said it continue to expect a second-quarter loss but sees a sequential improvement in business trends, helped by positive customer response to its summer collection.
Footwear maker Skechers USA Inc posted a narrower-than-expected quarterly loss, benefiting from its focus on inventory management and tighter cost controls, and said it expects to be profitable in the second half of the year.
Teen-clothing retailer Pacific Sunwear of California Inc widened its second-quarter loss outlook, weighed down by increased charges and a bigger-than-expected drop in same-store sales, sending its shares tumbling 12 percent in trading after the bell.
Avon Products Inc said it would take a second-quarter charge of about $90 million, or 19 cents a share, for a restructuring plan that includes cutting as many as 1,200 jobs by 2013.
RPC Group Plc, a supplier of plastic packaging, said its first-quarter operating profit was ahead of the same period last year as a fall in sales volumes in cosmetics and personal care sectors was more than offset by lower costs and improved margins.
Women's-apparel retailer Charlotte Russe Holdings Inc posted a third-quarter profit that handily beat market estimates on reduced markdowns.