NEW YORK Elizabeth Taylor surpassed Michael Jackson as the highest-earning dead celebrity in the past year, with her estate pulling in $ 210 million, much of it from the auction of her jewels, costumes and artwork, Forbes said on Wednesday. Jackson, who died in 2009, dropped into second place with earnings of $ 145 million, followed by Elvis Presley with $ 55 million. In addition to the Taylor auction, which totaled $ 184 million, the actress, who passed away in 2011 at the age of 79, also earned $ 75 million from sales of her top selling perfume White Diamonds. [...]
Strong sales from its Ann Taylor and Loft brands boosted Ann Inc.’s fiscal second-quarter revenue, pushing the women’s clothier’s net income up 24 percent. The performance easily beat analysts’ estimates. The retailer also lifted its fiscal 2012 revenue outlook Friday. Its stock gained more than 6 percent in premarket trading. For the period ended July 28, Ann Inc. earned $ 30.7 million, or 63 cents per share. That’s up from $ 24.8 million, or 47 cents per share, a year ago. Analysts surveyed by FactSet predicted 51 cents per share. Revenue for the New York company rose 7 percent to [...]
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