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Stock Market & Financial Investment News

News Breaks
November 26, 2012
08:03 EDTANNAnn Inc. likely to report an in-line Q3, says UBS
UBS said higher than expected markdowns at Ann Taylor could cap Ann Inc's earnings for Q3 and expects an in-line report. The firm believes Q4 started off slow due to hurricane exposure but sees an opportunity from improved pricing, favorable holiday product, and easier comps. Shares are Buy rated with a $43 price target.
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April 15, 2014
15:47 EDTANNAnn Inc. leverage buyout 'likely' this year, The Deal says
A leveraged buyout of Ann Inc. is "likely to get done this year," according to industry sources, said The Deal, which listed Golden Gate Capital as the most likely buyer. The report, citing a source, said Ann is already working with a financial adviser. Ann Inc. shares are up about 2% in late day trading. Reference Link
15:45 EDTANNAnn Inc. LBO 'likely to get done' this year, Deal.com says
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April 10, 2014
07:32 EDTANNAlliance Data signs long-term renewal agreement with Ann Inc.
Alliance Data's (ADS) Retail Services business has signed a long-term renewal agreement to continue providing private label and co-branded credit card services for Ann Inc. (ANN) brands Ann Taylor and LOFT.
April 7, 2014
10:00 EDTANNOn The Fly: Analyst Downgrade Summary
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09:41 EDTANNAnn Inc. management to meet with JPMorgan
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07:12 EDTANNAnn Inc. downgraded at Oppenheimer
As noted earlier, Oppenheimer downgraded Ann to Perform from Outperform. The firm downgraded the stock based on valuation, lack of catalysts, and challenging comps after Q1. Target $40.
06:59 EDTANNAnn Inc.price target raised to $48 from $40 at UBS
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06:29 EDTANNAnn Inc. downgraded to Perform from Outperform at Oppenheimer
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