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Stock Market & Financial Investment News

News Breaks
August 19, 2014
09:15 EDTAPPAmerican Apparel price target raised to $1.25 from $1 at Roth Capital
Roth Capital increased its price target on American Apparel after the company reported higher than expected core EPS. The firm continues to have an upbeat view on the stock as it thinks the company has broad global appeal, while cost cuts could boost its profitability. Roth keeps a Buy rating on the shares.
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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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