Ascena Retail Group (ASNA) Stock News
NASDAQ:ASNA - Nasdaq -
ASNA Latest News, Press Relases and Analysis
ACADIA Pharmaceuticals, Ocular Therapeutix, Asana And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
U.S. stock futures were mixed this morning, with the Nasdaq futures gaining by around 50 points on Tuesday.
Ascena Retail Group to emerge from Chapter 11 (NASDAQ:ASNA)
Ascena Retail Group (NASDAQ:ASNA) and certain subsidiaries announced recent milestones achieved in the company’s court-supervised restructuring process for emerging from Chapter 11 with stronger balance sheet and operating structure.With the U.S.
Lord & Taylor, Men’s Wearhouse Owner Are the Latest Covid-Linked Retail Bankruptcies
The coronavirus pandemic is speeding up the demise of weaker players, as forced store closures have caused painful declines in sales. Both the high and low ends are feeling the heat. Lord & Taylor is a storied brand, while Tailored Brands owns Mens Wearhouse and Jos. A Bank.
Mentions: TLRD
Summertime Sadness: Resurgent Virus Dims Recovery Hopes
Summertime Sadness: Resurgent Virus Dims Crisis Recovery Hopes
Dress Shoe Sales May Never Recover to Pre-Covid Levels in U.S.
Americans don’t want to get all dressed up with nowhere to go. They may not even want to when there is.
52 Stocks Moving In Wednesday's Regular-Market Session
Gainers Eastman Kodak (NYSE: KODK) shares rose 430.46% to $42.49 during Wednesday's regular session. The market value of their outstanding shares is at $1.8 billion....
RIOT, SOGO, NAK and VXRT among midday movers
Gainers: Wilhelmina International (NASDAQ:WHLM) +192%.Socket Mobile (NASDAQ:SCKT) +95%.MediciNova (NASDAQ:MNOV) +67%.Ocugen (NASDAQ:OCGN) +49%.Sogou (NYSE:SOGO) +48%.Marathon Patent (NASDAQ:MARA) +47%.Sohu.com (NASDAQ:SOHU) +37%.Amira Nature Foods (NYSE:RYCE) +35%.Riot Blockchain (NASDAQ:RIOT) +30%.Pacific Ethanol (NASDAQ:PEIX) +27%.Losers: WiMi Hologram Cloud (NASDAQ:WIMI) -36%.Ascena Retail (NASDAQ:ASNA) -28%.Professional Diversity Network (NASDAQ:IPDN) -27%.Sequential Brands (NASDAQ:SQBG) -21%.Vaxart (NASDAQ:VXRT) -21%.Lion Financial (NASDAQ:LGHL) -19%.WISeKey International (NASDAQ:WKEY) -19%.China Finance Online (NASDAQ:JRJC) -16%.Northern Dynasty Minerals (NYSEMKT:NAK) -14%.Diffusion Pharmaceuticals (NASDAQ:DFFN) -13%.
Sogou leads consumer gainers; Ascena Retail and Caesars Entertainment among losers
Gainers: Sogou (NYSE:SOGO) +48%. Sohu.com (NASDAQ:SOHU) +38%.
HAS, IBN among premarket losers
WISeKey International (NASDAQ:WKEY) -20%.Ascena Retail Group (NASDAQ:ASNA) -19% following company’s voluntary Chapter 11 petitions filed on July 23.BioHiTech Global (NASDAQ:BHTG) -11% on equity offering.Vaxart (NASDAQ:VXRT) -11%.CNX Resources (NYSE:CNX) -10% on buy out remaining shares in CNX Midstream Partners.Hasbro (NASDAQ:HAS) -9% on Q2 earnings.Global Eagle Entertainment (NASDAQ:ENT) -6%.eMagin (NYSEMKT:EMAN) -6% despite being awarded $33.6M DoD contract.ICICI Bank (NYSE:IBN) -6% on Q1 results.PolarityTE (NASDAQ:PTE) -6%.Sunworks (NASDAQ:SUNW) -5%.WiMi Hologram Cloud (NASDAQ:WIMI) -5%.XpresSpa Group (NASDAQ:XSPA) -5% on mixed shelf registration.iBio (NYSEMKT:IBIO) -5%.
These retailers filed for bankruptcy in 2020
A number of retailers were already teetering on the brink of collapsing prior to the coronavirus pandemic slamming the industry.
Ascena receives court approval for 'First Day' motions (NASDAQ:ASNA)
Ascena Retail Group (NASDAQ:ASNA) announces that it received approvals from the United States Bankruptcy Court for its 'First Day' motions related to the company’s voluntary Chapter 11 petitions filed on July 23.Court granted approval to access and use its more than $430M in cash collateral.The company entered into a restructuring support agreement with over 68% of its secured term lenders.
Robinhood traders eye bankrupt Ascena Retail (NASDAQ:ASNA)
Ascena Retail (NASDAQ:ASNA) says it has started store closing sales in a number of Ann Taylor, Loft and Lane Bryant stores as the company starts to work its way through the bankruptcy process.
Mall owner Simon and Authentic Brands make $305 million bid for bankrupt Brooks Brothers, aiming to keep over 125 stores open
Simon, which is the biggest U.S. mall owner by the number of malls it operates, had already teamed up with ABG to supply financing to carry Brooks Brothers through its restructuring, as the retailer searched for a buyer.
Ann Taylor and Lane Bryant Owner Joins Growing List of Retailers Filing for Bankruptcy
Ascena Retail Group will close 1,600 of its 2,800 stores in an effort to eliminate its debt by $1 billion, according to court documents.
Stocks making the biggest moves after hours: Intel, Disney, Skechers and more
See which stocks are posting big moves after the bell.
Authentic Brands, Sycamore Partners Weigh Bids for Ann Taylor Parent
Authentic Brands Group and Sycamore Partners are among the parties considering buying bankrupt Ann Taylor parent Ascena Retail Group Inc., according to people familiar with the matter.
Under Armour helps apparel outperform some green shoots emerge (NASDAQ:GIII)
A number of mall retailers are trading higher even with Ascena Retail (ASNA -25.2%) filing to reorganize under bankruptcy protection earlier today.Investors could still be reacting to the positive vaccine news out this week, but a sleeper report out of Hibbett Sports (HIBB -1.4%) shouldn't be ignored.
Apparel outperforms on the day as some green shoots emerge (NASDAQ:GIII)
A number of mall retailers are trading higher even with Ascena Retail (ASNA -25.2%) filing to reorganize under bankruptcy protection earlier today.Investors could still be reacting to the positive vaccine news out this week, but a sleeper report out of Hibbett Sports (HIBB -1.4%) shouldn't be ignored.
Ann Taylor's Owner Files for Bankruptcy
Ascena is the latest retailer to be felled by the pandemic.
Ascena Retail joins the retail graveyard with bankruptcy filing (NASDAQ:ASNA)
Ascena Retail (NASDAQ:ASNA) files for Chapter 11 bankruptcy as has been expected for a few weeks. The company has struck a restructuring agreement with more than 68% of its secured lenders and will close a significant numbers of Justice stores along with some Ann Taylor and Lane Bryant stores.The company says it will continue to serve customers in some stores and through its e-commerce brand websites through the bankruptcy.
Ann Taylor parent Ascena files for Chapter 11 bankruptcy
The parent company of Ann Taylor and Loft, Ascena Retail Group, filed for Chapter 11 bankruptcy protection Thursday morning, marking the latest apparel maker to be pushed to the brink during the coronavirus pandemic.
Ann Taylor Parent Files for Bankruptcy, Adds to Retail Wreck
Ascena Retail Group, the owner of the Ann Taylor and Lane Bryant apparel chains, filed for bankruptcy protection on Thursday after its business was thrown into disarray by the Covid-19 pandemic.
Ann Taylor Parent Files for Bankruptcy, Adding to Retail Wreck
Ascena Retail Group, the owner of the Ann Taylor and Lane Bryant apparel chains, filed for bankruptcy protection after its business was thrown into disarray by the Covid-19 pandemic.
Ann Taylor Parent Seeks New Loan, Board as It Nears Bankruptcy
Ascena Retail Group Inc., the struggling owner of the Ann Taylor and Lane Bryant clothing chains, is seeking $150 million of new capital from its lenders to fund operations during a bankruptcy reorganization, according to people with knowledge of the plans.
Mall Owner CBL Prepares to File for Bankruptcy Protection
CBL & Associates Properties Inc., the owner of more than 100 shopping malls across the U.S., is preparing to file for bankruptcy, according to people with knowledge of the plans.
The Law Offices of Frank R. Cruz Announces Investigation on Behalf of Ascena Retail Group Investors (ASNA)
Executives at Bankrupt Companies Scored $131 Million in Bonuses
Before the bankruptcies came the bonuses: $10 million at J.C. Penney Co., $25 million at Chesapeake Energy Corp., $1.5 million at Hertz Global Holdings Inc.
Mentions: BGG