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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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October 24, 2014
10:37 EDTAANAaron's says as Q4 progresses, expects to see margin improvements
10:21 EDTAANAaron's says retail environment remains 'challenging'
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07:15 EDTAANAaron's reports Q3 same store revenue down 2.8%
Reports Q3 customer count on a same store basis was down 3.9%. For Company-operated stores open over two years at the end of September 2014, same store revenues decreased 3.7% during the third quarter of 2014 compared to the third quarter of 2013. The Company had 1,072,000 customers and its franchisees had 574,000 customers at the end of the most recent quarter.
07:14 EDTAANAaron's expects $50M in annual cost savings achieved by 2015-end
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07:05 EDTAANAaron's sees FY14 non-GAAP EPS $1.62-$1.67, consensus $1.68
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07:04 EDTAANAaron's sees Q4 non-GAAP EPS 34c-39c, consensus 39c
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07:03 EDTAANAaron's reports Q3 non-GAAP EPS 39c, consensus 37c
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October 23, 2014
15:39 EDTAANNotable companies reporting before tomorrow's open
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October 13, 2014
14:00 EDTAANCalifornia AG announces $28.4M settlement with Aaron's
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