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Stock Market & Financial Investment News

News Breaks
May 13, 2014
08:46 EDTAPPAmerican Apparel price target raised to 85c from 75c at Roth Capital
Roth Capital raised its price target on American Apparel after the company reported stronger than expected Q1 results and reiterated its 2014 EBITDA guidance. The firm thinks the company's backing of its guidance suggests that its April and May trends are tracking to expectations, and it thinks the company's turnaround is progressing. The firm keeps a Buy rating on the stock.
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May 15, 2015
17:31 EDTAPPAmerican Apparel sues Dov Charney for violations of Standstill Agreement
American Apparel filed suit in the Delaware Court of Chancery against Dov Charney, the former CEO, for violations of his Standstill Agreement with the company.
May 13, 2015
09:27 EDTAPPAmerican Apparel sued by former CEO Charney, alleging defamation
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