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Goldman Sachs Considers Ollie's A Bargain, Initiates With A Buy Rating
Wednesday, May 16, 2018 - 10:44am | 338Read More...Ollie’s Bargain Outlet Holdings Inc (NASDAQ: OLLI) has consistently beat earnings and demonstrated resilience amid an expanding e-commerce scene. Goldman Sachs thinks its rise is just beginning. The Rating Analysts Christopher Prykull and Bryan Caronia initiated coverage on Ollie’s...
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Abercrombie No Longer In Talks For Sale
Monday, July 10, 2017 - 9:02am | 412Read More...Abercrombie & Fitch Co. (NYSE: ANF) shares plummeted as much as 16.4 percent in Monday’s premarket trading on news that it had terminated talks for a potential sale. The board announced in a press release that the best conceived way to increase shareholder value is through pursuit of its...
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Amid Takeover Reports, Abercrombie & Fitch Flies On Eagle's Wings
Wednesday, May 24, 2017 - 1:41pm | 391Read More...Abercrombie & Fitch Co. (NYSE: ANF) soared more than 12 percent Wednesday afternoon on a Dow Jones report that Cerberus Capital Management and American Eagle Outfitters (NYSE: AEO) were collaborating on a joint acquisition and intend to close a deal within a month. None of the involved parties...
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Why Would Anyone Buy Abercrombie?
Thursday, May 11, 2017 - 3:07pm | 437Read More...Abercrombie & Fitch Co. (NYSE: ANF) is up for sale, but Wunderlich Securities can’t figure out why anyone would want to buy the struggling retailer. The iconic teen brand is in preliminary talks for a potential transaction after receiving interest from “several parties.” The...
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Why Parting Ways With Macy's Just Gave Tailored Brands A Shot Of Credibility
Thursday, May 4, 2017 - 3:13pm | 365Read More...With the recent announcement of leaving a partnership with Macy’s Inc (NYSE: M), Tailored Brands Inc (NYSE: TLRD) may see a step forward in credibility, according to Wunderlich Securities. The tuxedo rental company announced the parting of ways right in the middle of wedding season,...
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Why The Street Believes Kate Spade Will Be Acquired, But Has Doubts On Angie's List
Friday, February 17, 2017 - 10:19am | 724Read More...Local services marketplace Angie's List Inc (NASDAQ: ANGI) and apparel & accessories company Kate Spade & Co (NYSE: KATE), although proceeding toward the same goal, are presenting a contrasting picture, at least as far as their stocks are concerned. Seeking Strategic Alternatives In...
