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Stock Market & Financial Investment News

News Breaks
January 6, 2014
10:07 EDTCHKE, TGTCherokee enters renewal, amendment to license agreement with Target
Cherokee (CHKE) disclosed in a regulatory filing that on January 2, the company and Target (TGT) entered into a renewal and amendment to their existing license agreement. Concurrent with the execution of amendment, Target exercised its right to renew the Target License Agreement through January 31, 2017, Cherokee said. Under the amendment, Target now has the right to renew the agreement for successive two year periods, provided that it satisfied the minimum guaranteed royalty payment of $10.5M for the preceding fiscal year, by providing written notice of renewal at least one year prior to the end of the then current extended restated term.
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April 17, 2014
16:03 EDTCHKECherokee reports Q4 EPS 20c, one estimate 7c
Reports Q4 revenue $6.4M vs. $6.0M a year ago
April 14, 2014
06:53 EDTTGTTarget breach sparks retail push to upgrade card technology, Bloomberg says
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