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Stock Market & Financial Investment News

News Breaks
May 28, 2014
07:29 EDTWTSLWet Seal near-term catalysts limited, says Brean Capital
Brean Capital remains buyers of Wet Seal but realizes that near-term catalysts will be limited. The firm lowered its estimates to reflect weaker than expected guidance but remains positive on the closing of the Arden B. chain, the strengthening e-commerce channel, and a shift to a high-low strategy to drive traffic. The firm maintains its Buy rating and $2.00 price target on the shares.
News For WTSL From The Last 14 Days
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November 20, 2014
16:33 EDTWTSLWet Seal names Thomas Hillebrandt Interim CFO
Wet Seal announced that Thomas R. Hillebrandt will assume the role of Interim CFO, effective December 1, concurrent with the previously announced resignation of Steven H. Benrubi, the company’s current CFO. Hillebrandt has served as vice president and corporate controller at Wet Seal since September 2013.
November 19, 2014
15:39 EDTWTSLWet Seal urged by Clinton Group to engage alternate lenders, explore other deals
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November 17, 2014
05:44 EDTWTSLWet Seal downgraded to Neutral from Buy at B. Riley
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