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Stock Market & Financial Investment News

News Breaks
June 13, 2014
07:44 EDTEXPRExpress volatility expected to move on Sycamore Partners reporting 9.9% stake
Express options volatility expected to move after Sycamore Partners reported a 9.9% stake and said its it interested in conducting due diligence that could lead to a buyout. Overall options implied volatility of 51 is above its 26-week average of 45 according to Track Data, suggesting large near term price movement.
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September 19, 2014
10:06 EDTEXPROn The Fly: Analyst Downgrade Summary
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08:14 EDTEXPRExpress downgraded to Neutral from Buy at Goldman
Goldman downgraded Express to Neutral based on lackluster fundamentals as the pace of promotions in the quarter indicate a less robust margin recovery. The analyst believes shares reflect fundamentals and upside risk of a potential takeover. Price target lowered to $17 from $18.
September 10, 2014
11:49 EDTEXPRExpress looks cheap, likely to be acquired by Sycamore, Barron's says
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