New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 14, 2014
07:31 EDTANNAnn Inc. announces strategic realiagnment of organization
Ann Inc. announces strategic realiagnment of organizationto support an integrated stores/ecommerce structure and position the company for accelerated growth and efficiency. The realignment is expected to result in ongoing annualized pre-tax operating savings of approximately $25M, of which approximately $15M is expected to be realized in fiscal 2014. As a result of the strategic realignment, the company has streamlined its operations, eliminating approximately 100 positions from its corporate workforce. The company expects to record a pre-tax restructuring charge of approximately $15M in connection with the realignment, the vast majority of which is expected to be incurred in the fiscal first quarter.
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.
December 15, 2014
09:18 EDTANNAnn Inc. management to meet with Oppenheimer
Subscribe for More Information

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