New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 6, 2014
07:47 EDTANNAnn Inc. sees FY13 revenue $2.49B, consensus $2.51B
The total net sales guidance reflects total net sales increase of 5% and a comparable sales increase of 2%; Sees FY13 effective annual tax rate expected to be 40.5%; Sees FY13 CapEx $150M; Sees FY13 gross margin rate performance expected to be 53.9%.
News For ANN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
March 27, 2015
05:52 EDTANNAmerican Eagle downgraded to Sell from Neutral at Goldman
Goldman Sachs downgraded American Eagle (AEO) to Sell saying it sees 29% downside risk over the next six months. Goldman believes declining mall traffic and "aggressive competition" from low cost stores puts the retailer in a multi-year period of diminishing productivity, margins, and returns. Its six-month price target for American Eagle is $12. Shares of the retailer closed yesterday up 17c to $16.92. Goldman lists Ann Inc. (ANN), Abercrombie & Fitch (ANF) and American Eagle as its top sell ideas in the Specialty Apparel space. Its lone Buy rated name in the group is Urban Outfitters (URBN).

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use