Ladies Love Bebe
Bebe Stores Inc. (Nasdaq: BEBE)reported fourth quarter profits today taht caused a buying spree. The earnings came in at $22.1 million, or $.24 per share. This is an increase of 13% over last years fourth quarter of $19.5 million or $.21 per share. On top of the earnings news investors were excited to find out the Bebe will be paying a dividend of $.05 on September 29th. Shares of Bebe closed Thursday at $18.45 and have so far today gained over 22% to prices over $22 per share.