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Remember American Apparel's Dov Charney? He's Back With A New Business Idea
Thursday, September 14, 2017 - 2:44pm | 369Read More...One of the last times many investors heard the name Dov Charney was early 2016 when the ex-CEO of American Apparel Inc was mounting an offensive to regain control of the company he founded — and was ultimately fired from. Charney was fired from American Apparel for alleged misconduct and...
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American Apparel OTC Shares Surge On $300 Million Takeover Bid
Tuesday, January 12, 2016 - 9:08am | 224Read More...Shares of OTC-listed American Apparel Inc (OTC: APPCQ) surged higher by more than 17 percent on January 8 after various media sources reported that the company's ousted CEO, Dov Charney, is teaming up with investors to regain control of the company through an acquisition. See Also: Ex-...
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Ex-American Apparel CEO Eyes $200 Million Purchase Of Company, OTC Listed Shares Surge
Friday, January 8, 2016 - 12:14pm | 216Read More...Shares of OTC-listed American Apparel Inc (OTCMKTS: APPCQ) surged higher by more than 17 percent at $0.0265 on Friday after The Wall Street Journal reported that the company's former CEO, Dov Charney, is teaming up with investors to acquire the bankrupt retailer. According to The Wall...
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Why American Apparel Could Be Good For Day Traders
Wednesday, May 27, 2015 - 11:56am | 388Read More...Ann Logue was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Logue is the author of "Day Trading For Dummies." She holds a B.A. in economics from Northwestern University, an MBA with concentrations in finance and accounting...
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Report: American Apparel Struggles To Pay Suppliers, Shares Tumble 4%
Wednesday, December 31, 2014 - 11:58am | 163Read More...The New York Post reported on Wednesday that troubled fashion retailer American Apparel Inc (NYSE: APP) is struggling to meet its financial obligations. According to the publication, the company has been delaying payments to key suppliers by as much as 60 days. The situation hasn't reached...
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Lion Capital Presses American Apparel To Explore Strategic Options
Monday, December 29, 2014 - 9:58am | 214Read More...Lion Capital, the hedge fund that formerly backed American Apparel Inc (NYSE: APP) continues to urge the company to consider its strategic alternatives, including a sale of itself, according to The Wall Street Journal. WSJ stated that the company received a letter from Lion Capital, a key investor...
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American Apparel Shares Gain, Confirms Interest From Private Equity
Monday, December 22, 2014 - 11:47am | 257Read More...American Apparel Inc (NYSE: APP) shares rose sharply Monday after it confirmed getting a $1.30 to $1.40 a share buyout proposition just a day after announcing a shareholder rights plan with a 10 percent trigger. The retailer and manufacturer was up more than 5 percent recently, changing hands...
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Rumor: Dov Charney Wants To Buy American Apparel
Thursday, December 18, 2014 - 6:41pm | 217Read More...American Apparel Inc's (NYSE: APP) controversial co-founder Dov Charney is part of a group that recently bid between $1.30 and $1.40 per share to acquire the company, according to a rumor published by the New York Post. The company's shares gained 58 percent on the rumor, but fell $0.03...
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3 Retail Stocks Worth Watching This Holiday Season
Thursday, December 18, 2014 - 4:28pm | 652Read More...There are two main things that will help retail stocks during this holiday shopping season, according to Ann Logue. The first is weather. There’s been remarkably better weather in the upper Midwest this winter compared to the last. Logue said that makes people a little more interested in...
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American Apparel Fires Dov Charney, Names New CEO
Tuesday, December 16, 2014 - 8:24pm | 171Read More...American Apparel Inc (NYSE: APP) shares jumped in after-market action Tuesday after the company fired its controversial founder Dov Charney. Charney served as a consultant to American Apparel following his suspension in June as chief executive for alleged misconduct and violations of company...
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#PreMarket Primer: Tuesday, July 8: Putin Silent Despite Separatist Pleas For Help
Tuesday, July 8, 2014 - 7:17am | 920Read More...With around seven thousand troops at the ready on Ukraine’s border, many are wondering why Russian President Vladimir Putin has been ignoring pro-Moscow separatists’ pleas for help. Ukrainian forces launched a renewed offensive over the weekend following a week long ceasefire and...
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Dow Trades Above 17,000 While S&P 500 Inches Closer To 2,000
Thursday, July 3, 2014 - 1:20pm | 1238Read More...U.S. stocks rose ahead of the long weekend after the economy added a better-than-expected 288,000 jobs in June. The unemployment rate also dipped to 6.1 percent. The Fed's Janet Yellen confirmed its views that ti will not raise its interest rates on Wednesday at an International Monetary...
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Markets Little Changed As The Quarter Comes To An End
Monday, June 30, 2014 - 4:34pm | 2316Read More...U.S. stocks were little changed as the second quarter comes to an end. Investors and traders are likely spending the last day of the quarter the same way they did to ring in the quarter: questioning the direction of the U.S. economy and wondering what is in store in the coming quarter. One...
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American Apparel Drops 20%; Charney Still Won't Go Away
Tuesday, June 24, 2014 - 3:56pm | 213Read More...American Apparel (NYSE: APP) shares have fallen over 20 percent after its former chairman filed a request for arbitration over his firing. The Wall Street Journal reported former chairman Dov Charney filed the request Tuesday with the American Arbitration Association. American Apparel said...
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Bulls Take A Break As Dow's Winning Streak Ends At 7 Days
Monday, June 23, 2014 - 4:40pm | 2213Read More...U.S. stocks were slightly lower as positive housing data proved to be not enough to boost the Dow's winning streak to eight days. The National Association of Realtors reported that previously-owned home sale posted strong growth in May compared to April. U.S. Secretary of State John Kerry...
