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Stock Market & Financial Investment News

News Breaks
February 26, 2014
07:40 EDTANFAbercrombie & Fitch approves $150M accelerated share repurchase
The company announced that the Board of Directors has approved a $150M Accelerated Share Repurchase to be executed during the first quarter of FY14, pursuant to the existing open share repurchase authorization of 16.3M shares. "The Accelerated Share Repurchase reflects the Board of Directors and the Company's confidence in the Company's ability to achieve significantly improved performance and create sustainable value for shareholders. The Company anticipates additional share repurchases over the course of the year, utilizing free cash flow generated from operations in addition to utilization of existing or additional credit facilities," A&F said.
News For ANF From The Last 14 Days
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October 17, 2014
10:43 EDTANFUrban Outfitters slumps after warning on continued retail sales weakness
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October 16, 2014
17:10 EDTANFAbercrombie & Fitch, American Eagle lower after Urban Outfitters warns on sales
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October 9, 2014
10:50 EDTANFGap falls after announcing CEO Murphy will step down, weak September sales
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09:41 EDTANFBofA/Merrill retail analysts hold an analyst/industry conference call
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