<p>Abercrombie & Fitch Co. (NYSE: ANF) reported second quarter net income fell to $11.4 million, or 14 cents per share, from $17.1 million, or 20 cents per share, a year ago. The teen retailer issued earnings of 16 cents per share, below Wall Street estimates for 28 cents, according to analysts polled by Reuters.</p><p>Revenue in the second quarter fell 1 percent to $945.7 million, compared with revenue of $996.2 million analysts expected.</p><p>On Thursday, shares of Abercrombie & Fitch Co. plunged 18.23 percent to $38.27 in morning trade.</p><p>Sears Holdings Corp. (NASDAQ: SHLD) reported a second quarter loss of $194 million, or $1.83 a share, compared with a loss of $132 million, or $1.25 a share, in the year-ago period. The company booked an adjusted loss of $1.46 a share. Revenue fell 6 percent to $8.87 billion, down from $9.47 billion a year earlier.</p><p>Shares of Sears Holdings Corp. dropped 8.13 percent to $39.75.</p><p>On the earnings calendar for Thursday: Pandora Media Inc. (NYSE:P), Marvell Technology Group Ltd. (NASDAQ:MRVL), Aeropostale Inc. (NYSE:ARO), The Gap Inc. (NYSE:GPS), GameStop Corp. (NYSE:GME), Ross Stores Inc. (NASDAQ:ROST), The Buckle Inc. (NYSE:BKE).</p><p>Wall Street edged up on Thursday, after U.S. stocks plunged in the previous session, as investors weighed better-than-expected manufacturing data in China and the Eurozone. The Dow fell under 15,000 on Wednesday, after investors and traders were unclear on when the Federal Reserve planned to taper its $85 billion-a-month bond-buying program. Minutes released by the Fed revealed FOMC members were split on when to reduce the central bank’s asset purchasing program.</p><p>The Dow Jones industrial average rose 43.77 points, or 0.29 percent, at 14,941.32. The S&P 500 Index was up 10.42 points, or 0.63 percent, at 1,653.19. The Nasdaq Composite Index gained 31.54 points, or 0.88 percent, at 3,631.72.</p>
