DUBAI / WAM Dubai Land Department (DLD) has announced the launch of Phase II of …
Read More »Foot Locker suffers worst stock decline in 8 years
Bloomberg Foot Locker Inc. suffered its worst stock decline in more than eight years after first-quarter results missed analysts’ estimates, an outcome the retailer blamed in part on slow income-tax refunds. The shares tumbled as much as 17 percent to $58.13, the biggest intraday plunge since the financial crisis was underway in November 2008. The athletic-shoe chain blamed “unprecedented challenges†…
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