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Stock Market & Financial Investment News

News Breaks
March 7, 2014
09:08 EDTAANAaron's hires Goldman Sachs to evaluate takeover offer, explore opportunities
Aaron's (AAN) provided an update on the evaluation underway by the Transaction Committee of Aaron's board. As previously announced on February 21, the Aaron's Board formed the committee to review and evaluate the unsolicited proposal by Vintage Capital Management to acquire all outstanding common shares of Aaron's for $30.50 per share in cash. In addition to evaluating the Vintage proposal, the committee has been undertaking a broad review of opportunities to enhance long-term value for all of Aaron's shareholders. The Aaron's board also announced that it has retained Goldman Sachs (GS) as an additional financial advisor to assist in this process. The Blackstone Group (BX) and Goldman, Sachs & Co. are serving as financial advisors to Aaron's.
News For AAN From The Last 14 Days
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July 28, 2014
08:19 EDTAANAaron's price target lowered to $35 from $42 at Stifel
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July 25, 2014
07:14 EDTAANAaron's sees FY14 adjusted EPS $1.65-$1.75, consensus $1.76
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07:13 EDTAANAaron's sees Q3 adjusted EPS 36c-41c, consensus 46c
Sees Q3 excluding franchisees revenue $695M, consensus $701.64M; Sees Q3 Progressive revenue $175M; Sees Q EBITDA for Progressive $15M-$17M
07:12 EDTAANAaron's identified more than $50M in potential annual cost savings
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07:10 EDTAANAaron's reports Q2 adjusted EPS 37c, consensus 35c
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July 24, 2014
19:10 EDTAANAaron's announces COO Dave Buck to retire
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15:29 EDTAANNotable companies reporting before tomorrow's open
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July 16, 2014
06:37 EDTAANConn's recent sell-off a buying opprotunity, says Piper Jaffray
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