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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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August 28, 2014
16:30 EDTAPPLion/Hollywood designated Robert Mintz to be a director of American Apparel
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12:03 EDTAPPGuess hits 52-week low as Q2 results miss estimates, FY15 outlook lowered
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06:19 EDTAPPLion Capital picks Robert Mintz to join American Apparel board, WSJ reports
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August 19, 2014
09:15 EDTAPPAmerican Apparel price target raised to $1.25 from $1 at Roth Capital
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