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Stock Market & Financial Investment News

News Breaks
July 6, 2014
15:49 EDTAPPLion Capital demands Charney reinstated to American Apparel, Bloomberg says
Lion Capital, an investor in American Apparel, is threatening to call in a $10M loan it made to to the retailer unless ousted CEO Dov Charney is reinstated, says Bloomberg. According to the report, Lion is in discussions with another American Apparel investor, Standard General, to make its case that Charney's return will benefit the business in the short term. Lion said it will file a notice to accelerate payment of the loan before U.S. markets open tomorrow if it is not satisfied with Standard General's response, added Bloomberg. Reference Link
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February 27, 2015
10:12 EDTAPPGap rises after Q4 earnings top forecast, capital return plans announced
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February 23, 2015
16:33 EDTAPPAmerican Apparel announces two leadership appointments
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