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Stock Market & Financial Investment News

News Breaks
November 13, 2009
06:45 EDTICON, PLAPlayboy reportedly in talks with buyers including Iconix, WSJ reports
Playboy Enterprises (PLA) is said to be in talks to sell itself with a number of buyers, including Iconix Brand (ICON), the Wall Street Journal's "Deal Journal" reports. Playboy's entertainment revenue rose to $2.3M in Q3 from last year, a 37% increase, making the cable television network a bright spot; print revenue fell 44% in Q3 and its core magazine has been hurt by online competitors. Analysts believe Iconix has about $200M for acquisitions left after paying $109M for a stake in a joint venture for the Ecko portfolio. Reference Link
News For PLA;ICON From The Last 14 Days
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April 21, 2015
07:18 EDTICONIconix Brand price target lowered to $34 from $42 at Brean Capital
Brean Capital lowered its price target on Iconix Brand to $34 from $42 following the departure of its COO, which was the second major executive departure in less than a month. The uncertainty causes Brean Capital to lower its price target, but the firm maintains its Buy rating, as they believe the company's licensing is one of the more attractive business models in the consumer discretionary space.
April 20, 2015
10:03 EDTICONHigh option volume stocks
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09:52 EDTICONIconix Brand drops sharply on COO departure, levels to watch
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09:04 EDTICONIconix Brand COO departure increases uncertainty, says Roth Capital
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April 17, 2015
17:16 EDTICONIconix Brand announces resignation of COO Seth Horowitz
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