Stanley Furniture Co Inc. (STLY) announced that it expects third-quarter operating results to be worse than the second quarter of 2009. The company expects third-quarter operating loss to widen from second-quarter operating loss.
The company expects sales to be less than the second-quarter sales.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.