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Stock Market & Financial Investment News

News Breaks
April 7, 2014
08:16 EDTAEOAmerican Eagle downgraded at Cowen
As reported previously, Cowen downgraded American Eagle to Underperform from Market Perform. The firm sees a shift in consumer tastes for apparel leading to a heightened structural risk and rapidly declining returns. Price target lowered to $11.
News For AEO From The Last 14 Days
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June 24, 2015
09:11 EDTAEOAmerican Eagle says environment continues to be highly promotional
Says "pleased" with 1H15 results. Says has seen "good" sequential improvement starting from 2H14 through 1Q15 and 2Q15. Says environment continues to be highly promotional, but seeing strength across all categories and regions. Says leveraging mall traffic, says AUR continues to grow, as well as unit volume. Sees room for improved merchandise margins in 2H. Sees continued EPS growth in 2H. Says "very" optimistic going into 2H. Comments made at the Oppenheimer Annual Consumer Conference.
09:04 EDTAEOAmerican Eagle repeats Q2 EPS view 11c-14c, consensus 14c
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June 23, 2015
07:15 EDTAEOOppenheimer to hold a conference
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