Home Videos Photos

All tag results for investors

Urban Outfitters Sees Drop In Stock

urban-outfitters-store.jpg

Urban Outfitters is dealing with investors who have sold off their shares today after earlier reports stated the company missed its third-quarter sales forecasts.

The company has also reorganized its management team at the Anthropologie, Terrain and flagship divisions.

In fact, stock was down 5% this morning.

One analyst reveals:

Tags: , , , , , ,

Permalink / Comments Off / Email this  »

Will Netflix Go Bankrupt In A Year???

netflix may go bankrupt in a year

Don't spend TOO much time creating an extensive Netflix queue…you MAY not make it through the whole thing!

Yesterday, we reported that Netflix stock prices hit a 52-week low EVEN THOUGH the company admitted they wrong and announced that they wouldn't split into two separate entities for DVDs-by-mail and streaming service.

Now, investors' blog SeekingAlpha.com is saying that they believe Netflix could be bankrupt WITHIN A YEAR!:

Tags: , , , , , , , , , , ,

Permalink / 15 comments / Email this  »

Uh Oh! American Apparel Investors Want To Sell Their Shares!

american-apparel-investors-selling-43-million-shares.jpg

The Canadian investors who pumped $15 million into American Apparel last April is having a serious case of buyer's remorse.

According to WWD, Michael Serruya filed paperwork with the SEC on Tuesday that would allow the group of investors to sell their shares — all 43.2 million of them.

Ouch.

And to think Serruya was praising Dov Charney only 4 months ago.

[Image via Ramey Pix.]

Tags: , , , , , ,

Permalink / Comments Off / Email this  »

No Country For Old Men Lawsuit Heads to Trial

Filed under: Film FlickersLegal Matters

tommy-lee-jones.jpg

And its all Tommy Lee Jones' fault.

No, no. He deserve what was coming to him. Fair is fair.

Awhile back, Tommy Lee sued all the suits associated with the acclaimed film No Country for Old Men, including its studio, Paramount Pictures, claiming he was owed over $10 million for the movie. In the end, the studio coughed up $15 million, but now, an investor in the movie is suing the studio for the reason. They too feel like they were short-changed by Paramount. Difference is, Paramount is paying them off - they're taking them to trial!

Marathon Funding sued the studio last year over this matter and the dueling sides have been in litigation ever since. Marathon claims its arrangement with Paramount Vantage entitled it to 25% of "net distribution revenue" from movie and they sued after noticing an unusual $3.75 mil deduction in a profit statement, which ended up being a result of the $15 million payout to Tommy.

A judge ruled in favor of sending the matter to trial and the case should begin before the year is out.

DRAMA!!!!

[Image via WENN.]

Tags: , , , , , , , , ,

Permalink / 8 comments / Email this  »

Proenza Schouler Might Be Selling 45% Stake In Its Company

proenza-selling-stock.jpg

For several months now, reports have been that Andrew Rosen, the founder of Theory, was buying 45% stock in Proenza Schouler, along with a few other investors.

But new reports now say the deal could happen as early as the end of this week.

The remaining 65% of the brand would stay with designers and founders of Proenza, Jack McCollough and Lazaro Hernandez (pictured above).

The new deal could mean a new line of goodies for Proenza, like perhaps jeans or eyewear.

We'll just have to wait and see what happens.

[Image via Flashpoint/WENN.]

Tags: , ,

Permalink / Comments Off / Email this  »