American Apparel Signals It May Go Out of Business
American Apparel, facing mounting debt, declining sales and cash issues, said it may not be in operation a year from now as it released poor Q2 financials.
Financials
FedEx Q4 Net Income Up 141%, Revenue Gains 4%
FedEx reported revenue was up 4% and net income up 141% for the fourth quarter ended May 31.