Francesca's Holdings Corp. (FRAN) announced Friday morning that Michael W. Barnes has been named Chairman, President, and Chief Executive Officer, effective immediately. He succeeds Neill Davis, who has resigned as President, CEO and a Director.
Francesca's Holdings gapped open sharply higher Friday and has risen steadily in early trade on above average volume. Shares are now up 2.84 at $14.40. The stock has surged to over a 2-month high.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.