Beijing’s most ambitious attempt yet to support China’s slumping property market was panned by S&P Global and Fitch Ratings, as the two agencies predict more downside for the crisis-hit sector, in sharp contrast with some analysts who feel that the worst might be over. S&P Global on Thursday downgraded its projections of new home sales […]
Jun. 14—SCHOOL — Robert E. Fitch High School in Groton Number of graduates: 246 Ceremony location: Fitch High School auditorium Valedictorian Sean Reddy: “Behind every graduate is a group of supporters and loved ones who got them here today. No matter how hard you have worked, no one graduates alone. Your friends, teachers, and family […]
Abercrombie & Fitch (ANF) reported fiscal first-quarter earnings early Wednesday that easily beat views. Abercrombie & Fitch stock rose before the open after hitting a fresh all-time high Tuesday. Rival American Eagle Outfitters (AEO) is due after the close X The trendy youth apparel retailers are reporting as investors closely watch the impact of lingering […]
The storm clouds that have been gathering over America’s commercial real estate market got a little darker, according to a recent analysis from Fitch Ratings. Fitch predicts the coming commercial real estate crash will wipe out more property value than the financial crisis of 2008. More ominously, Fitch believes any rebound from the commercial crash […]
(Reuters) – Fitch does not anticipate any credit impact on not-for-profit hospitals in the United States from the cyberattack at UnitedHealth’s tech unit Change Healthcare that caused disruption to pharmacies across the U.S., the ratings agency said on Monday. The agency said it does not see any negative rating implications tied to the hack if […]
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(Reuters) -Abercrombie & Fitch Co on Wednesday forecast full-year revenue growth above Wall Street estimates, as the company bets on strong full-price demand for its apparel brands on the back of a robust holiday shopping season. Apparel retailers such as Abercrombie and Lululemon Athletica have benefited from their efforts to trim inventories and introduce fresh […]
(Bloomberg) — New York Community Bancorp’s credit grade was cut to junk by Fitch Ratings, and Moody’s Investors Service lowered its rating even further, a day after the commercial real estate lender said it discovered “material weaknesses” in how it tracks loan risks. Most Read from Bloomberg Fitch downgraded the bank’s long-term issuer default rating […]
Mississippi’s Republican attorney general sued the Republican state auditor Thursday, trying to block the auditor’s effort to recover misspent welfare money from retired NFL quarterback Brett Favre — money that was supposed to help some of the poorest people in the U.S. Attorney General Lynn Fitch‘s lawsuit says that filing litigation to recover improperly spent money is […]
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A storied castle where the co-founder of Abercrombie & Fitch and his family summered a century ago is seeking a new owner to write its next chapter. David T. Abercrombie’s 49.6-acre estate can be yours for the princely price of $2.9 million. It’s located in the town of New Castle, although the mailing address is […]
Blazers and slacks outshone chipmakers in 2023 despite the furore around AI—and the CEO of Abercrombie & Fitch says targeting young millennials was the golden ticket. Ohio-based Abercrombie & Fitch exploded onto the market in the 1990s with its all-American college sports aesthetic. But with a boom in online retail and with fast fashion flooding […]