Tag Archives: AEO

American Eagle Outfitters Appoints Kitty Yung to EVP/President of Asia Pacific, Promotes Simon Nanke

By Business Wirevia The Motley Fool

Filed under:

American Eagle Outfitters Appoints Kitty Yung to EVP/President of Asia Pacific, Promotes Simon Nankervis to SVP Americas and Global County Licensing

New Appointments Build Global Capabilities; Aligning With Strategic Vision

PITTSBURGH–(BUSINESS WIRE)– American Eagle Outfitters, Inc. (NYS: AEO) today announced the appointment of Kitty Yung to Executive Vice President/President of Asia Pacific and Simon Nankervis has been promoted to Senior Vice President, Americas and Global Country Licensing.

“Kitty and Simon are proven retail executives with extensive brand management, retail development and multi-national operations experience, each spanning over 20 years. These appointments support our global geographic and channel growth, while aligning with our strategic plan of fortifying core assets, growing North America and transforming to a global omni-channel competitor focused on delivering top-tier shareholder returns,” said CEO, Robert Hanson.

Previously, Kitty Yung was President, Asia Pacific at Guess Inc., with responsibility across the region, including China, India, South East Asia and australia/New Zealand. While at Guess Inc., she grew the business to over 200 stores in Greater China. Kitty previously held a number of leadership roles in apparel general management, supply chain and consumer goods in the Asia Pacific region. With in-depth experience and business development skills, Kitty will be instrumental in the expansion of AEO‘s brands and company-operated stores across China.

In his new role, Simon Nankervis will assume responsibility for the company’s U.S., Canada and Mexico stores, as well as real estate and country licensing. Simon has extensive management, business development and global store experience and has been the leading architect of AEO‘s successfully growing country-licensing program. Additionally, he launched AEO‘s company-owned and operated stores in Mexico. Simon is an accomplished apparel leader, having led businesses for Guess, Gap, Aldo and Tumi in his native australia after an earlier career in apparel general management and consultancy.

About American Eagle Outfitters, Inc.

American Eagle Outfitters, Inc. (NYS: AEO) is a leading global specialty retailer offering high-quality, on-trend clothing, accessories and personal care products at affordable prices under its American Eagle Outfitters® and Aerie® brands. The company operates more than 1,000 stores in North America, and ships to 81 countries worldwide through its websites. American Eagle Outfitters and Aerie merchandise also is available at approximately 55 international franchise …read more

Source: FULL ARTICLE at DailyFinance

24/7 Wall St. Closing Bell — March 14, 2013: Markets Climb to New Highs Today (AMZN, EBAY, WFC, VMW, ETFC, BFAM, MW, VRA, LODE, SOL, AEO, MCP, ZUMZ, BWS, MGM, SD)

By 24/7 Wall St.

Bull and Bear figures

Filed under:

U.S. equity markets opened higher this morning following a better-than-expected report on new jobless benefits claims in the U.S. and a mostly inline report on producer prices (more coverage here). In Europe, eurozone unemployment fell a bit more than expected and Spanish retail sales were not as bad as expected. In Asia, key interest rates in New Zealand and South Korea remained unchanged. The Shanghai index closed higher for the first time in six days. The DJIA closed with a tenth straight day of gains and the S&P closed within a couple of bucks of its all-time high.

The U.S. dollar index fell 0.41% today, now at 82.553. The GSCI commodity index is down 0.4% at 647.17, with commodities prices mostly higher today on the weaker dollar. WTI crude oil closed up 0.6% today, at $93.03 a barrel. Brent crude trades up 0.7% at $109.00 a barrel. Natural gas is up 3.8% today at about $3.82 per million BTUs following a relatively large draw on stocks last week (more coverage here). Gold settled up 0.1% today at $1,590.70 an ounce.

The unofficial closing bells put the DJIA up more than 82 points to 14,538.99 (0.58%), the NASDAQ rose nearly 14 points (0.43%) to 3,258.93, and the S&P 500 rose 0.56% or nearly 9 points to 1,563.20.

There were a several analyst upgrades and downgrades today, including Amazon.com Inc. (NASDAQ: AMZN) cut to ‘neutral’ at J.P. Morgan; eBay Inc. (NASDAQ: EBAY) reiterated as ‘buy’ with a price target of $65 at Argus and raised to ‘overweight’ at Evercore; Wells Fargo & Co. (NYSE: WFC) started as ‘market perform’ at BMO Capital; VMware Inc. (NYSE: VMW) raised to ‘outperform’ at William Blair and maintained on Focus List at Credit Suisse; and E*Trade Financial Corp. (NASDAQ: ETFC) cut to ‘underperform’ at KBW.

Earnings reports since markets closed last night resulted in several price moves today, including these: Bright Horizons Family Solutions Inc. (NYSE: BFAM) is up 11.2% at $33.35 after posting a post-IPO high of $33.49 earlier today; Men’s Wearhouse Inc. (NYSE: MW) is up 19% at $34.60; Vera Bradley Inc. (NASDAQ: VRA) is down 8.4% at $22.81; Comstock Mining Inc. (NYSEMKT: LODE) is down 7.1% at $1.97; and ReneSola Ltd. (NYSE: SOL) is up 1.4% at $2.17.

Before markets open tomorrow morning we are scheduled to hear from Aeropostale Inc. (NYSE: AEO), Molycorp Inc. (NYSE: MCP), Zumiez Inc. (NASDAQ: ZUMZ), and Brown Shoe Co. Inc. (NYSE: BWS).

Some standouts among heavily traded stocks today include:

MGM Resorts International Inc. (NYSE: MGM) is up 6.5% at $13.21. The casino and resort operator is a likely target for further investment by Kirk Kerkorian’s Tracinda Corp. More coverage here.

SandRidge Energy Inc. (NYSE: SD) is down 3.3% at $5.66. The energy exploration and production company caved in to demands from a large investor and it looks the company’s CEO is headed for the door. More coverage here.

E*Trade Financial Corp. (NASDAQ: ETFC) is down 8.3% at $10.84. The online financial firm got battered after its largest investor said it would …read more
Source: FULL ARTICLE at DailyFinance

American Eagle Outfitters Breaks Above 200-Day Moving Average – Bullish for AEO

By DividendChannel.com

In trading on Friday, shares of American Eagle Outfitters, Inc. (NYSE: AEO) crossed above their 200 day moving average of $20.59, changing hands as high as $20.79 per share. American Eagle Outfitters, Inc. shares are currently trading up about 2.5% on the day. The chart below shows the one year performance of AEO shares, versus its 200 day moving average: …read more
Source: FULL ARTICLE at Forbes Markets

AEO Makes Notable Cross Below Critical Moving Average

By DividendChannel.com In trading on Wednesday, shares of American Eagle Outfitters, Inc. (NYSE: AEO) crossed below their 200 day moving average of $20.33, changing hands as low as $20.30 per share. American Eagle Outfitters, Inc. shares are currently trading down about 2.8% on the day. The chart below shows the one year performance of AEO shares, versus its 200 day moving average:
Source: FULL ARTICLE at Forbes Markets

American Eagle Outfitters Breaks Below 200-Day Moving Average – Notable for AEO

By DividendChannel.comIn trading on Wednesday, shares of American Eagle Outfitters, Inc. (NYSE: AEO) crossed below their 200 day moving average of $20.02, changing hands as low as $19.99 per share. American Eagle Outfitters, Inc. shares are currently trading down about 2.4% on the day. The chart below shows the one year performance of AEO shares, versus its 200 day moving average:
Source: Forbes Markets