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Re: iconoclassic post# 360747

Monday, 03/31/2014 12:56:12 PM

Monday, March 31, 2014 12:56:12 PM

Post# of 376171
CWTR Bk story, mystery @0.20
Wonder what it says for the JOEZ WTSL ones this time around. They were bouncers in past when <1 but I bet less fluff this time, esp WTSL.
Can Use a Few Less Women's Apparel Chains -- Market Talk
12:51 EDT - Women's apparel has seen lots of struggles dating back to before the financial crisis, yet few chains have found themselves in serious-enough trouble to close the doors. Time will tell if Coldwater Creek (CWTR) can avoid that fate as it's poised to file for bankruptcy protection as soon as next week. But retail can certainly do with a few less women's apparel sellers, many of which have lots of overlap in their product offerings and not enough sales to warrant stand-alone status. CWTR, which has had to release F4Q results and has been paring stores in recent years, said in mid-October it would review its options and disclosed weeks later that 3Q same-store sales slumped 17%. It hasn't been profitably since mid-2010. Shares tumble 71% to 20c. ( kevin.kingsbury@wsj.com; @kevinkingsbury)

(END) Dow Jones Newswires
03-31-14 1251ET
Copyright (c) 2014 Dow Jones & Company, Inc.
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Women's retailer Coldwater Creek Inc. is preparing to file for bankruptcy- court protection within about a week as it contends with a high debt load, declining sales and broader industry struggles, people familiar with the matter said.
Coldwater Creek , known for its catalogs selling a variety of women's clothes and accessories as well as mall-based retail stores, has struggled for months. Attempts to avoid a bankruptcy filing by refinancing debt or selling itself to a private-equity buyer were ultimately unsuccessful, these people said.
The company's postbankruptcy strategy isn't clear. Coldwater Creek carries about $353 million in total debt, which includes about $180 million in current liabilities, according to its most recent earnings filing.
In addition to its catalog business and retail stores, Coldwater Creek operates factory stores, an e-commerce business and seven spas in the U.S., according to its website.
The company, which is publicly traded but partially owned by private-equity firm Golden Gate Capital , posted sales of about $155 million for the quarter ended Nov. 2, 2013 , compared with $188 million in the year-earlier period, according to its most recent filing.
Coldwater Creek's struggles mirror those of the broader retail sector. Many retailers posted underwhelming holiday sales, and some face severe distress.
Brookstone Inc. is preparing to file for bankruptcy in the coming days, with plans to be sold to another specialty retailer. In March, plus-size women's retailer Ashley Stewart Holdings Inc. filed for bankruptcy protection. Women's clothing retailer Dots LLC filed for bankruptcy in January, and about a month earlier discount retailer Loehmann's Holdings Inc. filed for Chapter 11 protection and is now shutting down its stores.
Write to Emily Glazer at emily.glazer@wsj.com and Dana Mattioli at dana.mattioli@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires
03-31-14 1233ET
Copyright (c) 2014 Dow Jones & Company, Inc.
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LONDON , March 26, 2014 /PRNewswire/ --
On Tuesday, March 25, 2014 , the NASDAQ Composite finished at 4,234.27, up 0.19%, the Dow Jones Industrial Average gained 0.56% to end the session at 16,367.88, and the S&P 500 closed at 1,865.62, up 0.44%. The gains were broad based with nine out of ten sectors ending the session in positive. The S&P 500 Consumer Discretionary Sector Index finished the day at 512.49, down 0.64%, and the same has declined 1.83% in the last one month. Investor-Edge has initiated coverage on the following equities: The Wet Seal Inc. (NASDAQ: WTSL), Abercrombie & Fitch Co. (NYSE: ANF), ANN Inc. (NYSE: ANN) and Chico's FAS Inc. (NYSE: CHS). Free technical research on WTSL, ANF, ANN and CHS can be downloaded upon signing up at: http://www.investor-edge.com/515-register Shares in The Wet Seal Inc. closed at $1.11 on Tuesday, which is 11.90% lower than the previous day's closing price of $1.26 . A total of 6.90 million shares were traded as compared with three months average volume of 0.94 million. The company's shares oscillated between $1.08 and $1.31 during the trading session. Wet Seal Inc.'s shares have fallen by 36.57% each, in the previous three trading sessions and in the last one month, while the stock is down 59.34% on YTD basis. The company stock is trading below its 50-day and 200-day moving averages of $2.05 and $3.36 , respectively. Furthermore, the stock is trading at a Relative Strength Index (RSI) of 22.41. Sign up today to read free research on WTSL at: http://www.investor-edge.com/515-WTSL-26Mar2014.pdf On Tuesday, shares in Abercrombie & Fitch Co. edged 1.75% lower, finishing the session at $38.66 . The stock recorded a trading volume of 1.87 million shares which is below the three months average volume of 2.85 million. The company's shares fluctuated between $38.26 and $39.86 during the session. The stock traded at a PE ratio of 19.01. Shares in Abercrombie & Fitch Co. have declined 1.98% in the previous three trading sessions, while the same has gained 7.42% in the last one month and 17.47% on YTD basis. The stock is trading above its 50-day moving average. Abercrombie & Fitch Co.'s 200-day moving average of $39.19 is above its 50-day moving average of $36.85 . Moreover, shares of the company are trading at an RSI of 56.65. Sign up today to read free research on ANF at: http://www.investor-edge.com/515-ANF-26Mar2014.pdf ANN Inc.'s stock recorded a trading volume of 1.54 million shares, as compared with a three months average volume of 1.02 million shares. The stock ended the session at $41.35 , down 1.64%, after vacillating between $41.03 and $42.62 . Shares of the company traded at a PE ratio of 18.88. ANN Inc.'s shares have advanced 11.07% in the previous three trading sessions, 18.14% in the last one month and 13.10% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $34.91 and $34.68 , respectively. Furthermore, the stock is trading at an RSI of 79.14. Sign up today to read free research on ANN at: http://www.investor-edge.com/515-ANN-26Mar2014.pdf Chico's FAS Inc.'s stock witnessed trading of 2.09 million shares on Tuesday, which is below the three months average volume of 2.11 million shares. The stock ended the day at $16.08 , down 1.71% after trading between $16.06 and $16.46 . Shares of the company traded at a PE ratio of 22.85. Chico's FAS Inc.'s shares have fallen by 1.11% in the previous three trading sessions, 8.64% in the last one month and 14.65% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $16.82 and $17.06 , respectively. Additionally, shares of the company are trading at an RSI of 44.58. Sign up today to read free research on CHS at: http://www.investor-edge.com/515-CHS-26Mar2014.pdf EDITOR'S NOTES: 1. This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. 3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public. 4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com. 5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com. 6. Are you a public company? Would you like to see similar coverage on your company? 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