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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.
News For APP From The Last 14 Days
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January 23, 2015
09:10 EDTAPPAmerican Apparel rumored to prepare to accept $1.30 per share bid, FT blog says
American Apparel, which previously rejected a $1.40 per share takeover bid as too low, appears to have had a "rethink" and it "appears that $1.30 is just right now" and "a deal is just about done," according to posts in a Financial Times Alphaville Markets Live chat. The chat cautioned that the comments are "market chatter information that has not been formally tested through traditional journalistic channels." Reference Link

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