latest news releases from the newsroom
Christopher & Banks Corporation
Christopher & Banks Corporation Updates Third Quarter Fiscal 2009 Guidance
MINNEAPOLIS, Nov 14, 2008 -- Christopher & Banks Corporation (NYSE:CBK) today announced that, as a result of weaker than expected sales through the third fiscal quarter to date, the Company now expects to report a net loss per share from continuing operations of between $0.04 and $0.07 for the third quarter ended November 29, 2008, as compared to its previous guidance of net income per share from continuing operations in the range of $0.10 to $0.13. The updated guidance assumes that the current comparable store sales trends, which are in the negative high teens on a percentage basis quarter-to-date as compared to the prior fiscal year, will remain at or near this level throughout the remainder of the third quarter. The Company also indicated that this guidance does not include the results of operations from its Acorn Division or the costs associated with the closure of its Acorn stores, which will be accounted for as discontinued operations beginning this fiscal quarter.
Plug Power, Inc.
Plug Power CEO and CFO to Present Corporate Strategy At Stephens Investment Conference
LATHAM, N.Y., Nov. 14, 2008 (GLOBE NEWSWIRE) -- Plug Power Inc. (Nasdaq:PLUG) announced today that CFO Gerry Anderson, will present the Company's strategy to investors at the Stephens Inc. Fall Investment Conference in New York City on Tuesday, November 18 at 3:30 p.m. ET. Plug Power's president and CEO, Andy Marsh, will be completing the question and answer portion of the presentation.