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Stock Market & Financial Investment News

News Breaks
June 10, 2014
06:05 EDTURBNUrban Outfitters says Q2 comp sales to date 'approximately flat'
Urban Outfitters disclosed last night in a regulatory filing that thus far during Q2, its comparable Retail segment net sales are "approximately flat."
News For URBN From The Last 14 Days
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March 29, 2015
18:01 EDTURBNInvestors should use caution with Urban Outfitters, Barron's says
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March 27, 2015
05:52 EDTURBNAmerican Eagle downgraded to Sell from Neutral at Goldman
Goldman Sachs downgraded American Eagle (AEO) to Sell saying it sees 29% downside risk over the next six months. Goldman believes declining mall traffic and "aggressive competition" from low cost stores puts the retailer in a multi-year period of diminishing productivity, margins, and returns. Its six-month price target for American Eagle is $12. Shares of the retailer closed yesterday up 17c to $16.92. Goldman lists Ann Inc. (ANN), Abercrombie & Fitch (ANF) and American Eagle as its top sell ideas in the Specialty Apparel space. Its lone Buy rated name in the group is Urban Outfitters (URBN).

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