Dec
23

New, emerging talent kicks off Paris Fashion Week

 Fashion week in Paris is always a race against time.Paris — the last city after New York, London and Milan to host shows — is offering up 95 frenetic catwalk spectacles back-to-back over eight days at opposite ends of the French capital.So it's perhaps fitting that the spring-summer 2013 season got going behind a giant clock: The iconic timekeeper of Paris' grand Gare de l'Est train station....
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Individual shows boldly stamp Paris fashion week

 Coco Chanel once said: "The most courageous act is still to think for yourself."Day five of Paris Fashion Week showed that even today the legendary fashion designer's words ring true.Saturday presented a gold mine of eclectic and individual shows: Each one with a unique stamp of their designer.London-based Vivienne Westwood led the crowd, celebrating Queen Elizabeth II's Diamond Jubilee, but...
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Anniversary Surprise for Husband at Airport: Wife Wearing Wedding Dress

Lacy Matthews, 48, of Parker, Colo., is certainly getting more wear out of her wedding dress.On Oct. 3, she put it to good use again, exactly 14 years to the day after she originally wore it. At 8:15 in the morning, Matthews surprised her husband, Derek Matthews, 38, at the Denver airport dressed in her wedding dress and holding a huge sign that read "Derek, I'll do it all over again. I love you."Derek...
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NYC exhibition: Katharine Hepburn as fashion icon

A new exhibition is hailing the fashion sense of Katharine Hepburn, whose trademark khakis and open-collar shirts were decidedly unconventional in the 1930s and 40s, when girdles and stockings were the order of the day.The fiercely independent Hepburn famously once said: "Anytime I hear a man say he prefers a woman in a skirt, I say, 'Try one. Try a skirt.'"But skirts and dresses abound in "Katharine...
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Cancer Strikes 4 Times Before Bride Gets Wedding Dress

Lori Allen, who runs a successful bridal shop featured in the reality show Bridals By Lori, got a 7:05 a.m. telephone call in April that changed her life -- she had breast cancer."I was not even going to go get a mammogram this year," said the 53-year-old from Georgia. "I am healthy as a horse and haven't missed a day of work in five years. I had no lump. I was just busy running a business."Her business...
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Dec
22

Sun Life sells U.S. annuity business, shares drop

TORONTO (Reuters) - Sun Life Financial Inc will sell its U.S. annuity business for $1.35 billion to a firm connected to Guggenheim Partners in a deal that should reduce the exposure of the insurer's earnings to market swings and boost its cash levels.While the deal could bring long-term benefits to Sun Life, whose earnings have been derailed by wild market swings during recent years, investors pulled...
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FactSet forecasts second-quarter results largely below estimates, shares fall

(Reuters) - FactSet Research Systems Inc reported lower-than-expected first-quarter revenue, and the financial information provider forecast current-quarter results largely below estimates as banks and brokerages cut costs.FactSet shares fell 5 percent before the bell on Tuesday.The company, which provides data to portfolio managers, research analysts and investment bankers, forecast second-quarter...
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Jefferies results beat estimates on higher fixed-income revenue

(Reuters) - Jefferies Group Inc reported a higher-than-expected adjusted quarterly profit as the investment bank benefited from higher earnings from its fixed-income unit, and said its business expansion in Asia has started delivering.The midsized investment bank has been expanding in China and India and recently poached bankers from the Royal Bank of Scotland to expand its business in China.Jefferies...
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Oracle 2Q earnings rise 18 pct as tech spending up

SAN FRANCISCO (AP) — Oracle says its latest quarterly earnings rose 18 percent as companies splurged on more software and other technology toward the end of the year.The results announced Tuesday are an improvement from Oracle's previous quarter, when the company's revenue dipped slightly from a year earlier.The latest quarter spanned September through November. That makes Oracle the first technology...
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Oracle sees third-quarter profit of 64 to 68 cents per share

OSTON (Reuters) - Oracle Corp, the world's No. 3 software maker, said it expects to report non-GAAP earnings per share of 64 cents to 68 cents in its fiscal third quarter.Oracle forecast that third-quarter new software sales and cloud subscriptions sales will rise 3 percent to 13 percent from a year earlier.The company said its sees third-quarter hardware products sales flat to down 10 percent from...
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