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Stock Market & Financial Investment News

News Breaks
May 23, 2014
10:00 EDTAROAeropostale falls 18.4%
Aeropostale is down 18.4%, or 83c, to $3.68
News For ARO From The Last 14 Days
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January 29, 2016
14:39 EDTAROAeropostale by-law change suggests potential for 'go-private' deal, says Stifel
Stifel analyst Richard Jaffe noted that Aeropostale amended and restated its by-laws earlier this week so that any director, or the entire board, may be removed, with or without cause, by the holders of a majority of the shares, which he believes makes the possibility of the company getting bought out, perhaps in a "go-private" deal led by Sycamore, both easier and more likely. However, Jaffe keeps a Hold rating on shares as he believes the stock is fully valued based on its fundamentals.

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