Foot Locker shares sink after weak quarterly results

Foot Locker shares fell on Wednesday after the retailer severely missed Wall Street's quarterly earnings estimates and cut its full-year sales and earnings forecast.  The retailer's stock fell by as much as 16% during morning trading as the company reported that it incurred a loss of $33 million, or 34 cents per share, for the three-month period ending on Nov. 2. That's down significantly from the$28 million it reported in the same period a year ago. Total sales for the quarter slipped 1.4% to $1.96 billio ...