RadioShack Corporation Announces Growth in Revenues and Income for the First Quarter 2009

RadioShack Corporation (NYSE: RSH ) today announced preliminary net income for the first quarter ended March 31, 2009, of $43.1 million, or $0.34 per diluted share, compared with net income of $38.8 million, or $0.30 per diluted share, for the first quarter ended March 31, 2008.

Operating income for the first quarter increased 25 percent to $80.1 million, or 8.0 percent of sales, compared with $64.2 million, or 6.8 percent of sales, last year.

Total net sales and operating revenues were up 5.6 percent to $1,002.1 million compared with $949.0 million for the same period last year. Comparable same-store sales for company-operated stores and kiosks increased 5.0 percent during the first quarter compared with the first quarter of 2008.

The Gymboree Corporation Updates First Quarter Sales and Earnings Guidance

The Gymboree Corporation (Nasdaq: GYMB) today announced better than previously anticipated sales and earnings expectations for the first fiscal quarter ending May 2, 2009.

Comparable store sales for the first quarter are now expected to reflect negative growth in the range of mid-teens. This represents an improvement from the prior guidance of negative comparable store sales growth of 20% to 25%.

"Compared to the trends we were seeing in February, we saw a steady and significant increase in sales performance during the month of March," said Matthew McCauley, Chairman and Chief Executive Officer.

Bed Bath & Beyond Inc. Reports Results for Fiscal Year Ended February 28, 2009

- Net Earnings per Diluted Share of $.55 for Q4; $1.64 for Full Year
- Quarterly Comparable Store Sales Decrease by 4.3%
- Quarterly Net Sales Decrease by 0.5%

Bed Bath & Beyond Inc. today reported net earnings of $.55 per diluted share ($141.4 million) in the fiscal fourth quarter ended February 28, 2009, compared with net earnings of $.66 per diluted share ($172.9 million) in the same quarter a year ago. Net sales for the fiscal fourth quarter of 2008 were approximately $1.923 billion, a decrease of approximately 0.5% from net sales of approximately $1.933 billion reported in the fiscal fourth quarter of 2007. Comparable store sales in the fiscal fourth quarter of 2008 decreased by approximately 4.3%.

Harry Winston announces US$150 million strategic investment by Kinross

Harry Winston Diamond Corporation (TSX-HW; NYSE-HWD) ("Harry Winston") is pleased to announce a strategic investment by Kinross Gold Corporation (TSX-K; NYSE-KGC) ("Kinross"), whereby Kinross will make a net investment of US$150 million to acquire an indirect interest in the Diavik diamond mine and a direct equity stake in the company. As part of the transaction the parties have agreed to jointly consider other opportunities in the diamond mining industry.

According to the terms of the agreement signed today, Kinross has agreed to subscribe for 15.2 million treasury shares from Harry Winston at a price of US$3.00 per share, being approximately 19.9% of the company's issued equity post the transaction. Kinross has the right to maintain this equity level by participating in future equity financings.