Payless Shoesource News

Busineighbor.org announces cell phone drive to help children /EINPresswire.com/ Atlanta, GA - More than 58,000 Georgia children live in poor or low-income households and are considered homeless.

Pasco sheriff's detectives released a composite drawing of the suspect in Tuesday's shoe store robbery in New Port Richey.

"Our biggest order window is yet to come for international," said Guillermo Perez, general manager of the casual footwear brand.

Net sales at Collective Brands during the first quarter increased 5% to $912.1 million over the same period last year, driven in part by an 8.1% increase in comparable-store sales.

Collective Brands released its fiscal first-quarter earnings results after the closing bell on Tuesday.

The man entered Payless ShoeSource, 3034 Little Road, with a gun just after 10 a.m. and handed the clerk a note, the Pasco County Sheriff's Office said.

Shares of Collective Brands traded down 0.12% during mid-day trading on Tuesday, hitting $21.235. Collective Brands has a 52 week low of $9.11 and a 52 week high of $21.92. The company's market cap is $1.287 billion.

Pacific Sunwear of California Inc saw net losses narrow during the first quarter as the US retailer achieved better than expected margins.

Off-price retailer The TJX Companies today posted a 57.6% hike in first-quarter profit, helped by "outstanding results" in its US, Canadian and European businesses.

A Peekskill woman is facing a felony grand larceny charge after New York State Police say they received a complaint from Payless ShoeSource in Cortlandt that the woman rang false returns into the cash register to take the cash.

Just when Trinidadian company Neal & Massy is taking heat for its decision to close Almond Beach Village, another Trinidadian investor is about to pump Bds$20 million into the Barbados economy.

Collective Brands is pairing off, and Sperry's could be the first to venture out on its own.

Questions about the future of Collective Brands Inc. in Topeka appeared to be answered last week when three firms that acquired the company - founded in this city in 1956 as Payless ShoeSource - indicated its headquarters would remain here.

Other equities research analysts have also recently issued reports about the stock.

BUYINS.NET: Market Maker Surveillance Report. PSS, BSX, QCOM, S, INTC, ESIC, Bullishly Biased Price Friction For Wednesday, May 2nd 2012 BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Wednesday.

Harper Creek's Kelby Latta and Union City's Chris Maye will get to strap on their high school's... Collective Brands Inc., which owns the shoe store chains Payless and Stride Rite, is being acquired for about $1.32 billion by a group that includes the Rockford-based owner of Hush Puppies.

Shares in Garmin Ltd. gained 3.87 percent Wednesday after the company reported increases in revenue across all its product lines during the first quarter.The Olathe-based maker of global positioning systems closed at $49.33, up $1.84.Garmin was one of the few regional gainers on the day.

PSS ) is up on high volume today, trading with volume of 25.5 million, or 15.8 times its average daily volume.

Wolverine and private equity firms agreed to acquire the parent of Payless ShoeSource for $2 billion.

P.F. Chang's China Bistro Inc, which has been fighting to recover from ill-timed price increases, said it would go private in a $1.1 billion deal with Centerbridge Partners, sending its shares up 30 percent.