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Tuff-Stuff

05/16/12 9:56 AM

#461692 RE: Tuff-Stuff #461691

FISCAL CLIFF>>The United States’ economy could shrink as much as 4 percentage points in the first half of 2013 if Congress fails to address the expiration of $600 billion worth of tax breaks and jobless benefits by the end of this year, according to Goldman Sachs.


full http://www.cnbc.com/id/47439851

HoosierHoagie

05/16/12 9:58 AM

#461694 RE: Tuff-Stuff #461691

Abercrombie slumps; Europe leads to sales miss


By Andria Cheng May 16, 2012, 9:53 a.m. EST

NEW YORK (MarketWatch) -- Teen retailer Abercrombie & Fitch Co. shares slumped 13% after its first-quarter profit and sales missed analysts' estimates. Profit declined to $3 million, or 3 cents a share, from $25.1 million, or 28 cents a share. Sales rose 10% to $921.2...