Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
Women's apparel retailer Ann Inc's quarterly profit topped analysts' estimates again as shoppers snapped up the trendy merchandise sold at its Loft chain, sending its shares up more than 7 percent.
Apparel retailer Express Inc said it expected its profit to slide by more than half in the current quarter, blaming deep discounts and a decline in store traffic.
Men's Wearhouse Inc said it would acquire rival Jos. A. Bank Clothiers Inc for about $1.8 billion, ending a five-month saga that started with Jos. A. Bank offering to buy its larger menswear rival.
Close-out retailer Big Lots Inc said same-store sales would stop falling in the current fiscal year as its investments to boost sales start paying off.
Target Corp announced an overhaul of its information security practices and the resignation of its chief information officer as the retailer tries to reassure customers and investors after a massive data breach late last year.
Teen apparel retailer Abercrombie & Fitch Co said it would lower prices to deal with intense competition, after discounts in the holiday season helped quarterly revenue fall less than expected.
Chipmaker Marvell Technology Group Ltd reported a more-than-expected 112 percent rise in profit, helped by strong demand from storage and networking companies, and said it expected its mobile business to pick up in the current quarter.
Apparel retailer Gap Inc said it would raise the hourly pay for its U.S. employees to $9 in June 2014 and $10 in June 2015, after the White House said the minimum wage for federal contract workers would be raised to $10.10 an hour in 2015.
Weight Watchers International Inc , facing increasing competition from diet apps and calorie-counting gadgets, forecast a full-year adjusted profit far below estimates, sending its shares down as much as 20 percent after the bell.
Designer clothing company Ralph Lauren Corp said it expects increased promotions to eat into gross margins, spooking investors who had earlier pushed the stock higher on a strong sales outlook.