Pier 1 Imports First Quarter Sales Down – Double The Loss Compared To Analysts Expectations – One Liquidation Through Big Lots

Pier 1 Imports First Quarter Sales Down – Double The Loss Compared To Analysts Expectations – One Liquidation Through Big Lots

Pier 1 Imports

(Best Syndication) Pier 1 Imports Inc, the Fort Worth based furniture company, reported a steeper-than-expected first-quarter loss. While analysts were expected a loss of 32 cents per share, the company reported that the losses were actually double that.

Pier One says that their quarterly loss was 64 cents per share, and revenue decreased 5 percent to $356.4 million. Even though the company liquidated its modern craftsman merchandise, same-store sales, or sales in stores open at least one year, dropped 5.4 percent. Overall the decline was 5.2 percent.

The slowdown in sales is prompting the company to close 100 of its stores. Previously the company said that they would be closing only 60 stores. For the first quarter ending June 2nd, Pier 1 Imports says they had a net loss continuing operations of $56,378,000, and that sales declined from 356,375,000 from $376,092,000 in the year-ago quarter.

Pfizer Drug Approved For Treatment of Fibromyalgia – Symptoms Relieved Using Lyrica Capsules CV – Pain Management

Pfizer Drug Approved For Treatment of Fibromyalgia – Symptoms Relieved Using Lyrica Capsules CV – Pain Management

Lyrica®

(Best Syndication) The Food and Drug Administration (FDA) Thursday approved the drug Lyrica® (pregabalin) capsules CV for the management of fibromyalgia. Fiberomyalgia is a common chronic, widespread pain condition in the United States. The symptoms for Fibermyalgia include, but are not limited to, diffuse or specific muscle, joint, or bone pain, fatigue (see Videos Below).

It is believed that fibromyalgia is a result of neurological changes in how the patients perceive pain. Sufferers will have a heightened sensitivity to stimuli which are not normally painful. Lyrica binds with a specific protein within overexcited nerve cells and works to calm damaged nerves. The company admits that they are not sure exactly how the mechanism works.

Rupert Murdoch Stirs Interest In Dow Jones By CNBC And Pearson – Fox Will Launch Competing News Channel Later This Year

Rupert Murdoch Stirs Interest In Dow Jones By CNBC And Pearson – Fox Will Launch Competing News Channel Later This Year

Dow Jones

(Best Syndication) Rupert Murdoch has been working on a deal to buy Dow Jones and has made an unsolicited $5 billion offer for the company. Others have expressed interest in the company including General Electric (GE) and Pearson, which has stakes in both the Financial Times and the Economist.

The Bancroft Family, which controls the majority of the voting stocks of Dow Jones, has expressed concerns over the loss of editorial control of the Wall Street Journal. The Journal is the flagship paper of the Dow. Pearson said on June 19th that it was considering a sale of Les Echos, a French business paper. Some speculated that this was an effort to raise cash to finance the purchase Dow Jones.

Outdoor Storage Sheds To Tidy Up Your Back Yard

Outdoor Storage Sheds To Tidy Up Your Back Yard

Stock Photo

Let’s talk about the outdoor storage shed. There are several things that the buyer needs to know about these structures before making a final purchase. Doing a little homework will help you save money and find the perfect outdoor storage shed for your property.

One thing to realize before purchasing an outdoor storage shed is the building codes for your area. Some places have size limits for additional outdoor structures. There are building ordinances in the majority of locations. Check with a building code inspector or with someone familiar with buildings before purchasing one and placing it on your land. You do not later want to have to move it because it did not meet building spec requirements.

Prince William gets Inheritance for Birthday Present

Prince William gets Inheritance for Birthday Present

Stock Photo

[Best Syndication] Prince William’s birthday is today and he is now 25 years old, which entitles him to an increase in money available to him. The money was left by his mother, Princess Diana, whom passed away from the tragic car accident in 1997.

Diana left him access to the interest of $13 million that was left to him. The interest is an estimated $500,000 to $600,000 a year. When he turns 30 he will gain full access to the money at that time.

His younger brother, Harry, 22, will also has a similar inheritance scheduled which was set forth in their mother’s will.

Syndicate content
Share/Save/Bookmark

      

Post to Facebook

Important: The material on Best Syndication is for informational purposes only and is not meant to be advice. Authors may have or will receive monetary compensation from the company's product/s mentioned. You should always seek professional advice before making any legal, financial or medical decisions and this website cannot substitute or replace any trained professional consultation.
Use of this site means that you agree to our TERMS OF SERVICE

Advertise On This Site
Copyright © 2006-2015 By Best Syndication All Rights Reserved