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Abercrombie No Longer In Talks For Sale
Monday, July 10, 2017 - 9:02am | 412Abercrombie & 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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Abercrombie & Fitch Top Executive Admits Things Aren't Great Overseas
Thursday, May 26, 2016 - 1:05pm | 282Shares of Abercrombie & Fitch Co. (NYSE: ANF) plummeted more than 17 percent on Thursday after the company reported a poorer-than-expected first-quarter print. The company said that it lost $0.59 per share in the first quarter on revenue of $685.5 million. Wall Street analysts were expecting...
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Should Abercrombie Investors Worry Over Ramsden's Departure?
Thursday, May 5, 2016 - 4:40pm | 487Shares of Abercrombie & Fitch Co. (NYSE: ANF) fell more than 7 percent after the retailer said its Chief Operating Officer Jonathan Ramsden will resign from the company, effective June 15, 2016. The departure of Ramsden, who joined the company as executive vice president and chief financial...
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Abercrombie Fires Executive Who Was Considered To Be Company's Next CEO, Appoints Other Executive As President
Tuesday, December 22, 2015 - 1:55pm | 216Shares of Abercrombie & Fitch Co. (NYSE: ANF) were trading at $27.04, up nearly 6 percent on the day and near session highs of $27.24. Bloomberg reported Tuesday morning that Abercrombie & Fitch fired Christos Angelides, head of its namesake brand. The publication noted that Angelides was...
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Abercrombie & Fitch Shares Rise On CEO Retirement
Tuesday, December 9, 2014 - 10:45am | 70On Tuesday, Abercrombie & FItch (NYSE: ANF) announced that Chief Executive Officer Mike Jeffries is retiring effective immediately; the company’s BOD is currently undergoing a search for the new CEO. In addition, the company has appointed Arthur Martinez as Executive Chairman....
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Market Wrap For January 28: Markets Snap Losing Streak, Apple Tumbles
Tuesday, January 28, 2014 - 5:42pm | 2932U.S. stocks reversed its multi-day losing streak as investors found enough positives in Tuesday's earnings to end the Dow's five day losing streak. The FOMC began its first day of a two-day meeting. The Wall Street Journal's Jon Hilsenrath believes that the central bank will reduce...