WWW - Posts tagged Hilfiger at BloggingStocks

Hilfiger posts

Closing Bell: Escaping the Hangman, Mostly (AMLN, WMT, PVH, PFE, GOOG, BIDU, PEP)

Posted Mar 15th 2010 4:20PM by Jon Ogg (RSS feed)
Filed under: Pfizer (PFE), Wal-Mart (WMT), PepsiCo (PEP)

Today was a negative trading session almost the entire day. But then a last hour recovery took stocks above the flat line despite what felt like a very mixed ticker tape. The FOMC meeting is tomorrow and we just saw a homebuilder sentiment index drop today. Senator Dodd's financial regulation package was also deemed to be not quite as damning as some had feared.

Here were today's unofficial closing bell levels:

Dow 10,634.82 +10.13 (0.10%)
S&P 500 1,149.81 -0.18 (-0.02%)
Nasdaq 2,361.02 -6.64 (-0.28%)

Top Analyst Calls
Top Day Trader Stocks
Top Stock Rumors

Continue reading Closing Bell: Escaping the Hangman, Mostly (AMLN, WMT, PVH, PFE, GOOG, BIDU, PEP)

Tommy Hilfiger Close to a $3 Billion Sale

Posted Mar 15th 2010 8:00AM by Zac Bissonnette (RSS feed)

Bloomberg is reporting that private equity firm Apax Partners is close to a $3 billion deal to sell its Tommy Hilfiger brand to Phillips-Van Heusen Corp. (PVH).

Given that Apax acquired the brand for $1.6 billion back in 2005 -- during a much more favorable market for the apparel industry -- the deal has to be considered a huge success. The size of the reported deal might seem surprising to followers of the American apparel industry, where the Hilfiger brand is well past its prime.

Continue reading Tommy Hilfiger Close to a $3 Billion Sale