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Stock Market & Financial Investment News

News Breaks
February 20, 2014
08:26 EDTANFEngaged Capital nominates five candidates to Abercrombie & Fitch board
Engaged Capital, an investment firm specializing in small and mid-cap North American equities and stockholder of Abercrombie & Fitch, has nominated five candidates to Abercrombie's board at the upcoming 2014 Annual Meeting of Stockholders. Engaged Capital believes that despite recent incremental governance improvements, enacted only after substantial pressure from stockholders, the Board still lacks a majority of qualified, independent and accountable voices. Additionally, Engaged notes that this public nomination follows the failure of weeks of private outreach to the Board to arrive at a negotiated settlement. Engaged believes this is yet another example of the incumbent directorsí unwillingness to put the interests of the company and stockholders ahead of their own pecuniary interests.
News For ANF From The Last 14 Days
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April 15, 2015
14:58 EDTANFAbercrombie & Fitch June calls active
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10:00 EDTANFOn The Fly: Analyst Initiation Summary
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06:56 EDTANFAbercrombie & Fitch initiated with a Neutral at Guggenheim
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April 13, 2015
06:22 EDTANFGap, Target, others scrutinized by NY AG over staffing practices, WSJ says
Several major retailer including Gap (GPS) and Target (TGT) are under investigation by New York Attorney General Eric Schneiderman over their staffing practices and whether they require workers to show up or stay home with little notice, The Wall Street Journal reports. Schneiderman sent letters warning Abercrombie & Fitch (ANF), JC Penney (JCP), Urban Outfitters (URBN), TJX Cos (TJX), Ann Inc (ANN), L Brands (LB), Burlington Stores (BURL), Sears Holdings (SHLD), Williams-Sonoma (WSM) and J Crew Group that he believes the chains are using on-call scheduling and that such practices may be in violation of New York laws. Reference Link
April 9, 2015
10:03 EDTANFAbercrombie & Fitch call activity attributed to unconfirmed LBO speculation
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10:02 EDTANFAbercrombie & Fitch spikes higher, levels to watch
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09:58 EDTANFRumor: Abercrombie & Fitch strength attributed to unconfirmed LBO speculation
09:18 EDTANFBofA/Merrill retail analysts hold an analyst/industry conference call
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