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Remember American Apparel's Dov Charney? He's Back With A New Business Idea
Thursday, September 14, 2017 - 2:44pm | 369One of the last times many investors heard the name Dov Charney was early 2016 when the ex-CEO of American Apparel Inc was mounting an offensive to regain control of the company he founded — and was ultimately fired from. Charney was fired from American Apparel for alleged misconduct and...
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Gildan Investors Have Much To Be Thankful For
Wednesday, November 23, 2016 - 10:35am | 717The first quarter of 2017 could prove to be one of inflection for Gildan Activewear Inc (USA) (NYSE: GIL). While its Q3 earnings report missed the mark on both the top and bottom lines, investors quickly forgave and forgot, as evidenced by the rebound in share price from a low of $24.80 the day of...
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Peer Pressure: Who's Left In Teen Retail?
Thursday, September 1, 2016 - 1:56pm | 370Abercrombie & Fitch Co. (NYSE: ANF) continued its post-earnings slide on Thursday morning, falling another 1.6 percent. The stock is now down 24.1 percent after reporting a loss of $0.25 per share on revenue of $783.1 million, well short of consensus estimates of -$0.02 and $787.7 million. The...
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The Struggle Is Real For Malls As Teen Retail Bankruptcies Pile Up
Friday, August 19, 2016 - 10:58am | 360The world seems to be changing faster than teen retailers can adjust. A number of popular brands have already declared bankruptcy, and several others could be next. Since the beginning of 2015, four major teen retailers have opted for bankruptcy: Seal123 Inc (OTC: WTSLQ) (Wet Seal) filed...
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American Apparel OTC Shares Surge On $300 Million Takeover Bid
Tuesday, January 12, 2016 - 9:08am | 224Shares of OTC-listed American Apparel Inc (OTC: APPCQ) surged higher by more than 17 percent on January 8 after various media sources reported that the company's ousted CEO, Dov Charney, is teaming up with investors to regain control of the company through an acquisition. See Also: Ex-...
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Ex-American Apparel CEO Eyes $200 Million Purchase Of Company, OTC Listed Shares Surge
Friday, January 8, 2016 - 12:14pm | 216Shares of OTC-listed American Apparel Inc (OTCMKTS: APPCQ) surged higher by more than 17 percent at $0.0265 on Friday after The Wall Street Journal reported that the company's former CEO, Dov Charney, is teaming up with investors to acquire the bankrupt retailer. According to The Wall...
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3 Retail Stocks Worth Watching This Holiday Season
Thursday, December 18, 2014 - 4:28pm | 652There are two main things that will help retail stocks during this holiday shopping season, according to Ann Logue. The first is weather. There’s been remarkably better weather in the upper Midwest this winter compared to the last. Logue said that makes people a little more interested in...
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'Day Trading For Dummies' Author Talks RadioShack Corporation, American Apparel Inc
Thursday, September 25, 2014 - 9:36am | 413“Day Trading For Dummies” Author Ann Logue visited Benzinga’s #PreMarket Prep show earlier this week to talk about RadioShack Corporation (NYSE: RSH) and American Apparel Inc (NYSE: APP). RadioShack's Grim Prospects RadioShack could have been a great contender, Logue...
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Markets Gather Some Momentum As Volume Remains Light, Geopolitical Tension Improving
Thursday, August 14, 2014 - 4:37pm | 2822U.S. stocks rose to close the day with moderate gains despite a larger than expected increase in jobless claims. “The end of 2015 Q1 is still my preferred liftoff date,” St. Louis Fed President Jim Bullard told The Wall Street Journal. The end of the first quarter is ahead of the...
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Markets Steady Despite Mixed Economic Data
Thursday, July 24, 2014 - 4:42pm | 2792U.S. stocks were little changed as economic data came in mixed. The Commerce Department reported that new home sales fell in the month June, while initial jobless claims came in better than expected. Investors and traders cheered positive quarterly results from Facebook and Ford, while news...
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#PreMarket Primer: Tuesday, July 8: Putin Silent Despite Separatist Pleas For Help
Tuesday, July 8, 2014 - 7:17am | 920With around seven thousand troops at the ready on Ukraine’s border, many are wondering why Russian President Vladimir Putin has been ignoring pro-Moscow separatists’ pleas for help. Ukrainian forces launched a renewed offensive over the weekend following a week long ceasefire and...
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Markets Marginally Lower Ahead Of Earnings Season
Monday, July 7, 2014 - 4:37pm | 1929U.S. stocks were slightly lower as investors digested a report by Goldman Sachs speculating that the Fed Funds rate may be increased in the third quarter of 2015, earlier than expected. Earnings season unofficially kicks off this week with Alcoa (NYSE: AA) reporting on Tuesday. Many Dow...
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American Apparel, Phillips 66 And Others Insiders Have Been Buying
Monday, July 7, 2014 - 12:40pm | 890American Apparel, Consolidated Edison and Phillips 66 are among the companies that have seen insider buying recently. Insiders may sell shares for any number of reasons, but conventional wisdom says that insiders really only buy shares of a company for one reason -- they believe the stock price...
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Dow Trades Above 17,000 While S&P 500 Inches Closer To 2,000
Thursday, July 3, 2014 - 1:20pm | 1238U.S. stocks rose ahead of the long weekend after the economy added a better-than-expected 288,000 jobs in June. The unemployment rate also dipped to 6.1 percent. The Fed's Janet Yellen confirmed its views that ti will not raise its interest rates on Wednesday at an International Monetary...
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#PreMarket Primer: Tuesday, June 24: Pressure On Maliki To Step Down Intensifies
Tuesday, June 24, 2014 - 7:12am | 1162US Secretary of State John Kerry traveled to Baghdad on Monday to pledge the US' “intense” and “sustained” support in Iraq's ongoing crisis. However, the promise of support came with one condition; that the Iraqi government take the necessary steps to reunite the...