Total : 62 View more »
The Dress Barn Inc. (DBRN) recently reported fiscal 2010 first-quarter results. The company recorded a GAAP net income of $21.7 million, a growth of nearly 10% over GAAP net earnings of $19.7 million posted in the year-ago period.
http://seekingalpha.com/article/175036-dress-barn-beats-lifts-outlook?source=feed
Among the stock activity stories for Friday, Nov. 20, from AP Financial News:SAN FRANCISCO (AP) -- Shares of Dress Barn Inc. climbed a day after the
http://finance.yahoo.com/news/Movers-roundup-Dress-Barn-apf-429831140.html?x=0
Retail stocks key on financial results reported by apparel chains including Gap and Ann Taylor Stores, but the sector is mixed overall.
Learn when companies announce their quarterly, annual earnings as well as other types of announcements. Listen to the conference call and remind yourself by adding it to your calendar.
Total : 63 View more »
SUFFERN, N.Y., Nov 25, 2009 (BUSINESS WIRE) --
The Dress Barn, Inc. (NASDAQ - DBRN) today announced that it has completed its merger with Tween Brands, Inc. Tween Brands stockholders will receive 0.47 shares of Dress Barn common stock for each share of Tween Brands.
Tween Brands, Inc., which operates the Justice retail store brand, will operate as a separate subsidiary of The Dress Barn, Inc. and, as of the merger, will be free of bank debt. The combined company operates 2,492 locations and, on a trailing twelve month basis, generated $2.5 billion of pro forma net sales.
Through its well known brand, Justice, Tween Brands provides the hottest fashion merchandise and accessories for tween (age 7-14) girls and is the largest premier tween specialty retailer in the world. Its management team, led by Michael Rayden, Chief Executive Officer of Tween Brands, will continue to lead Justice's future growth and operations. Mr. Rayden will join the Board of Directors of Dress Barn, Inc. and report directly to David Jaffe, President and Chief Executive Officer of Dress Barn, Inc. The corporate headquarters of Dress Barn will remain in Suffern, New York and Tween Brands will remain headquartered in New Albany, Ohio.
With the completion of the merger, Tween Brands shares were delisted from the NYSE and trading ceased at the close of business on Wednesday, November 25th.
"I am delighted to announce the completion of this exciting merger with Tween Brands," said David Jaffe. "We have worked diligently to complete this transaction and we look forward to working together with the Tween Brands team to fully realize the significant potential of this business. I believe that our combined company will be formidable and have significant competitive advantages."
Michael Rayden commented, "Our Justice customers embrace the value proposition of our brand because Justice has everything our girl needs at a competitive price, with the fun shopping experience and industry-leading fashion assortment she wants. Our success has allowed us to continue to increase our share of the $12 billion Tween Girl apparel market.
"This momentum, combined with the completion of the merger and partnership with dressbarn and maurices, has us energized as we look forward to the future. Our efforts can now be solely focused on our customers and we plan to utilize this exciting and powerful new platform to further our growth. And we are excited that our former Tween Brands stockholders can continue along with us on this journey, investing in our future through their Dress Barn shares," said Rayden.
Banc of America Merrill Lynch Securities acted as financial advisor and Proskauer Rose LLP as legal advisors for Dress Barn, Inc. Peter J. Solomon Company acted as financial advisor and O'Melveny & Myers LLP as legal advisors for Tween Brands, Inc.
About Dress Barn, Inc.
The Dress Barn, Inc. (NASDAQ - DBRN), is a leading national specialty apparel retailer offering quality career and casual fashion apparel through its dressbarn and maurices brands. As of November 25, 2009, the Company operates 846 dressbarn stores in 47 states and 741 maurices stores in 44 states. For more information, please visit www.dressbarn.com and www.maurices.com.
About Tween Brands, Inc.
Headquartered in New Albany, Ohio, Tween Brands, Inc. is the largest premier tween specialty retailer in the world. Through its powerhouse brand Justice, Tween Brands provides the hottest fashion merchandise and accessories for tween (age 7-14) girls. Tween Brands operates 905 Justice stores located throughout the United States and internationally. Additionally, Tween Brands offers its fashions to tween girls and their parents through its e-commerce site, www.shopjustice.com.
For more information visit www.tweenbrands.com and www.shopjustice.com.
Dress Barn Forward-Looking Statement Disclosure
Certain statements made within this press release may constitute "forward-looking statements", within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially. The Company does not undertake to publicly update or review its forward-looking statements even if experience or future changes make it clear that our projected results expressed or implied will not be achieved. Detailed information concerning a number of factors that could cause actual results to differ materially from the information contained herein is readily available on our most recent report on Form 10-K for the year ended July 25, 2009 and Form 10-Q for the quarter ended October 24, 2009.
SOURCE: The Dress Barn, Inc.
Dress Barn, Inc. Investor Relations 845-369-4600
Tags: apparel bank business ceo debt ecommerce fashion legal market merger nasdaq new_york ohio partnership president retail securities
Nov 25, 2009 (M2 PRESSWIRE via COMTEX) --
Xtremepicks.com Alerts include The Dress Barn, Inc. (NASDAQ - DBRN), Partner Communications Company Ltd. (Nasdaq:PTNR)(TASE: PTNR), Quantum Fuel Systems Technologies Worldwide Inc. (NASDAQ: QTWW) and Electronic Arts Inc. (NASDAQ: ERTS)
The Dress Barn, Inc. (NASDAQ - DBRN) trading at $22.24 per share on trading volume of 358,033 shares.
In a press release out on November 25, Dress Barn Completes Merger with Tween Brands
SUFFERN, N.Y., Nov 25, 2009 -- The Dress Barn, Inc. (NASDAQ - DBRN) today announced that it has completed its merger with Tween Brands, Inc. Tween Brands stockholders will receive 0.47 shares of Dress Barn common stock for each share of Tween Brands.
About Dress Barn, Inc.
The Dress Barn, Inc. (NASDAQ - DBRN), is a leading national specialty apparel retailer offering quality career and casual fashion apparel through its dressbarn and maurices brands. As of November 25, 2009, the Company operates 846 dressbarn stores in 47 states and 741 maurices stores in 44 states. For more information, please visit www.dressbarn.com andwww.maurices.com.
Partner Communications Company Ltd. (Nasdaq:PTNR)(TASE:PTNR) trading at $18.70 per share on trading volume of 47,816 shares.
In a press release out on November 25, Partner Communications Announces It Received a Lawsuit Requesting Certification as a Class Action
ROSH HA'AYIN, Israel, Nov 25, 2009 -- Partner Communications Company Ltd. ("Partner" or "the Company") (Nasdaq:PTNR)(TASE:PTNR), a leading Israeli mobile communications operator, announced today that it was served with a lawsuit requesting certification as a class action, filed against Partner, Pelephone Communications Ltd, Cellcom Israel Ltd. (all together: the "Cellular Operators") and the Minister of Communication in the District Court of Jerusalem.
About Partner Communications
Partner Communications Company Ltd. ("Partner") is a leading Israeli provider of telecommunications services (cellular, fixed-line telephony and internet services) under the orange(TM) brand. The Company provides mobile communications services to over 3million subscribers in Israel (as of September 30, 2009). Partner's ADSs are quoted on the NASDAQ Global Select Market(TM) and its shares are traded on the Tel Aviv Stock Exchange (Nasdaq:PTNR)(TASE:PTNR).
Quantum Fuel Systems Technologies Worldwide Inc. (NASDAQ: QTWW) trading at $1.31 on a volume of 1.29M shares
In a press release out on November 25, Quantum Technologies to Acquire Schneider Power
Business Combination to create North American alternative energy company
IRVINE, CALIFORNIA AND TORONTO, ONTARIO, Nov 25, 2009 -- Quantum Fuel Systems Technologies Worldwide Inc. (NASDAQ: QTWW) ("Quantum" or the "Company") and Schneider Power Inc. (TSX VENTURE: SNE) ("Schneider Power") today announced the signing of a definitive business combination agreement under which Quantum has agreed to acquire in a stock-for-stock exchange all of the outstanding common shares of Schneider Power.
About Quantum Technologies:
Quantum Fuel Systems Technologies Worldwide, Inc., a fully integrated alternative energy company, is a leader in the development and production of advanced propulsion systems, energy storage technologies, and alternative fuel vehicles. Quantum's portfolio of technologies includes advanced lithium-ion battery systems, electronic controls, hybrid electric drive systems, hydrogen storage and metering systems, and alternative fuel technologies that enable fuel efficient, low emission hybrid, plug-in hybrid electric, fuel cell, and alternative fuel vehicles. Quantum's powertrain engineering, system integration, vehicle manufacturing, and assembly capabilities provide fast-to-market solutions to support the production of hybrid and plug-in hybrid, hydrogen-powered hybrid, fuel cell, alternative fuel, and specialty vehicles, as well as modular, transportable hydrogen refueling stations. Quantum's customer base includes automotive OEMs, dealer networks, fleets, aerospace industry, military and other government entities, and other strategic alliance partners.
Electronic Arts Inc. (NASDAQ: ERTS) trading at $17.31 on a volume of 1.43M shares
In a press release out on November 25, Madden NFL Arcade Now Available on the PlayStation Store and Xbox LIVE Arcade
5-on-5 Pure Adrenaline NFL Football Arrives Just in Time for Thanksgiving
REDWOOD CITY, Calif., Nov 25, 2009 -- Electronic Arts Inc. (NASDAQ: ERTS) announced today that Madden NFL Arcade is now available for download on the PlayStation(R) Store, and on Xbox LIVE Arcade. Perfect for pick-up-and-play action during halftime, Madden NFL Arcade provides an all-new way to experience the Madden NFL franchise, featuring a unique art style and fast-paced gameplay. Madden NFL Arcade is available on the PlayStation Store and Xbox LIVE for $14.99 and 1200 MS points respectively.
About Electronic Arts
Electronic Arts Inc. (EA), headquartered in Redwood City, California, is a leading global interactive entertainment software company. Founded in 1982, the Company develops, publishes, and distributes interactive software worldwide for video game systems, personal computers, wireless devices and the Internet. Electronic Arts markets its products under four brand names: EA(TM), EA SPORTS(TM), EA Mobile (TM) and POGO(TM). In fiscal 2009, EA posted GAAP net revenue of $4.2 billion and had 31 titles that sold more than one million copies. EA's homepage and online game site is www.ea.com. More information about EA's products and full text of press releases can be found on the Internet at http://info.ea.com.
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Tags: acquisition aerospace alternative energy apparel art automotive business california cellular communications dealer email e-mail energy engineering entertainment fashion football fuel cell gaap government internet investment investment opinion israel lawsuit manufacturing market merger military nasdaq nfl online ontario products profit software sports technology telecommunications telephony toronto video web wireless
Companies: Dress Barn, Inc. (DBRN), Electronic Arts Inc. (ERTS), Partner Communications Company Ltd. (PTNR), Quantum Fuel Systems Technologies Worldwide, Inc. (QTWW)
Nov 25, 2009 (SmarTrend(R) News Watch via COMTEX) --
11/25/2009 - The Dress Barn (NASDAQ:DBRN) announced that it has completed its merger with Tween Brands, Inc. Tween Brands stockholders will receive 0.47 shares of Dress Barn common stock for each share of Tween Brands. Dress Barn's President and CEO David Jaffe said, "I am delighted to announce the completion of this exciting merger with Tween Brands. We have worked diligently to complete this transaction and we look forward to working together with the Tween Brands team to fully realize the significant potential of this business. I believe that our combined company will be formidable and have significant competitive advantages."
Write to Chip Brian at cbrian@tradethetrend.com
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Tags: business ceo market merger nasdaq president securities
Companies: Dress Barn, Inc. (DBRN)
Nov 25, 2009 (M2 PRESSWIRE via COMTEX) --
Picksthatmove.com Alerts include The Dress Barn, Inc. (NASDAQ - DBRN); Partner Communications Company Ltd. (NASDAQ: PTNR); GLG Life Tech Corporation (NASDAQ: GLGL); Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW); Simulations Plus, Inc. (NASDAQ: SLP) and GeoResources, Inc., (NASDAQ: GEOI)
-- November 25, 2009 The Dress Barn, Inc. (NASDAQ - DBRN) trading at $22.28 on a volume of 858,429 shares
In a press release on November 25, Dress Barn Completes Merger with Tween Brands
SUFFERN, N.Y., Nov 25, 2009 The Dress Barn, Inc. (NASDAQ - DBRN) today announced that it has completed its merger with Tween Brands, Inc. Tween Brands stockholders will receive 0.47 shares of Dress Barn common stock for each share of Tween Brands. Tween Brands, Inc., which operates the Justice retail store brand, will operate as a separate subsidiary of The Dress Barn, Inc. and, as of the merger, will be free of bank debt. The combined company operates 2,492 locations and, on a trailing twelve month basis, generated $2.5 billion of pro forma net sales.
About Dress Barn, Inc.
The Dress Barn, Inc. (NASDAQ - DBRN), is a leading national specialty apparel retailer offering quality career and casual fashion apparel through its dressbarn and maurices brands. As of November 25, 2009, the Company operates 846 dressbarn stores in 47 states and 741 maurices stores in 44 states. For more information, please visit www.dressbarn.com and www.maurices.com.
-- November 25, 2009 Partner Communications Company Ltd. (NASDAQ: PTNR) trading at $28.74 on a volume of 72,355 shares
In a press release on November 25, Partner Communications Announces It Received a Lawsuit Requesting Certification as a Class Action
ROSH HA'AYIN, Israel, Nov 25, 2009 Partner Communications Company Ltd. ("Partner" or "the Company") (Nasdaq:PTNR)(TASE:PTNR), a leading Israeli mobile communications operator, announced today that it was served with a lawsuit requesting certification as a class action, filed against Partner, Pelephone Communications Ltd, Cellcom Israel Ltd. (all together: the "Cellular Operators") and the Minister of Communication in the District Court of Jerusalem.
The claim alleges that the Cellular Operators discriminate against the non-religious subscribers by not offering them certain tariffs and terms that are offered to the religious sector.
If the lawsuit is certified as a class action, the total amount claimed from the Defendants is estimated by the plaintiffs to be approximately NIS 900 million (for all Defendants together). Partner is reviewing and assessing the lawsuit and at this preliminary stage is unable to evaluate the probability of success of the lawsuit or the range of potential exposure, if any, with any degree of certainty.
About Partner Communications
Partner Communications Company Ltd. ("Partner") is a leading Israeli provider of telecommunications services (cellular, fixed-line telephony and internet services) under the orange(TM) brand. The Company provides mobile communications services to over 3million subscribers in Israel (as of September 30, 2009). Partner's ADSs are quoted on the NASDAQ Global Select Market(TM) and its shares are traded on the Tel Aviv Stock Exchange (Nasdaq:PTNR)(TASE:PTNR).
-- November 25, 2009 GLG Life Tech Corporation (NASDAQ: GLGL) trading at $7.99 on a volume of 39,190 shares.
In a press release out on November 25, GLG Life Tech Corporation Completes US$27.5 Million Equity Offering
VANCOUVER, BRITISH COLUMBIA, Nov 25, 2009 GLG Life Tech Corporation (TSX: GLG)(NASDAQ: GLGL) ("GLG" or the "Company"), the vertically integrated leader in the agricultural and industrial development of high quality stevia extracts, announced today that it has completed its previously announced equity offering (the "Offering"). Under the terms of the Offering, GLG issued and sold 3,625,000 common shares at US$7.60 per share for aggregate gross proceeds of approximately US$27.5 million and net proceeds to the Company of approximately US$25.8 million, before deducting the expenses of the Offering. The underwriters of the Offering have been granted an over-allotment option to purchase up to an additional 543,750 common shares.
About GLG Life Tech Corporation
GLG Life Tech Corporation is a global leader in the supply of high purity stevia, an all natural, zero-calorie sweetener used in food and beverages. The Company's operations cover each step in the stevia supply chain including non-GMO stevia seed breeding, natural propagation, stevia leaf growth and harvest, proprietary extraction and refining, marketing and distribution of finished product.
-- November 25, 2009 Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW) last at $1.29 a volume of 2.11M shares
In a press release out on November 25, Quantum Announces Letter of Intent for $20 Million
Investment for Solar Manufacturing Facility
IRVINE, Calif., Nov 25, 2009 Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW), today announced that it and its subsidiary, Quantum Solar Energy, Inc. ("Quantum Solar"), has entered into a non-binding letter of intent with New Energy Systems, LLC ("NES"), which sets forth the terms by which NES would invest $20 million in Quantum Solar in exchange for a 34% ownership interest in Quantum Solar. Quantum Solar will use the investment proceeds to establish a state of the art solar photovoltaic module manufacturing facility in Irvine, California, with an expected annual capacity of 45 MW.
About Quantum
Quantum Fuel Systems Technologies Worldwide, Inc., a fully integrated alternative energy company, is a leader in the development and production of advanced propulsion systems, energy storage technologies, and alternative fuel vehicles. Quantum's portfolio of technologies includes electronic controls, hybrid electric drive systems, hydrogen storage and metering systems and alternative fuel vehicle technologies that enable fuel efficient, low emission hybrid, plug-in hybrid electric, fuel cell, and alternative fuel vehicles. Quantum's powertrain engineering, system integration, vehicle manufacturing, and assembly capabilities provide fast- to-market solutions to support the production of hybrid and plug-in hybrid, hydrogen-powered hybrid, fuel cell, natural gas, and specialty vehicles, as well as modular, transportable hydrogen refueling stations. Quantum's customer base includes automotive OEMs, aerospace industry, military and other government entities, and other strategic alliance partners. More information can be found about Quantum's products and services at www.qtww.com.
-- November 25, 2009 Simulations Plus, Inc. (NASDAQ: SLP) last at $1.44 on a volume of . 2,783 shares
In a press release out on November 25, Simulations Plus Releases GastroPlus(TM) Version 6.1
Flagship Product Features New Routes of Administration & Numerous User Conveniences
LANCASTER, Calif., Nov 25, 2009 Simulations Plus, Inc. (NASDAQ: SLP), a leading provider of simulation and modeling software for pharmaceutical discovery and development, announces the release of GastroPlus Version 6.1, the latest version of its state-of-the-art software used by pharmaceutical research scientists for simulation of oral absorption, intravenous dosing, pharmacokinetics, and pharmacodynamics.
About Simulations Plus, Inc.
Simulations Plus, Inc., is a premier developer of groundbreaking drug discovery and development software, which is licensed to and used in the conduct of drug research by pharmaceutical, biotechnology, and drug delivery companies worldwide. The Company's Words+ subsidiary, which provides assistive technology for persons with disabilities, as well as two retail products, Abbreviate! and FutureLab(TM), comprise the remainder of the business. Simulations Plus, Inc., is headquartered in Southern California and trades on the NASDAQ under the symbol "SLP." For more information, visit our Web site at www.simulations-plus.com.
-- November 25, 2009 GeoResources, Inc., (NASDAQ: GEOI) trading at $10.60 on a volume of 865,091 shares
In a press release out on November 25, GeoResources, Inc. Prices Public Offering of Common Stock
HOUSTON, Nov 25, 2009 GeoResources, Inc., (NASDAQ: GEOI), today announced that it has priced its public offering of 3.0 million shares of its common stock at a public offering price of $10.20 per share (before underwriting discounts and commissions). GeoResources has granted the underwriters a 30-day option to purchase up to 450,000 additional shares of common stock to cover any over-allotments. Closing of the offering is expected to occur on or about December 1, 2009, subject to customary closing conditions. GeoResources intends to use substantially all of the net proceeds from the offering to reduce outstanding indebtedness under its credit agreement.
About GeoResources, Inc.
GeoResources, Inc. is an independent oil and gas company engaged in the acquisition and development of oil and gas reserves through an active and diversified program which includes purchases of reserves, re-engineering, and development and exploration activities, currently focused in the Southwest, Gulf Coast and the Williston Basin.
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Tags: advisor aerospace alternative energy apparel art automotive bank beverages biotechnology british columbia broker california cellular communications dealer debt e-mail energy engineering equity exploration fashion food fuel cell government industrial internet investment investment opinion israel lawsuit manufacturing market marketing merger military nasdaq natural gas oil and gas pharmaceuticals prices products profit public offering research retail small cap software solar power state of the art technology telecommunications telephony vancouver web
Companies: Dress Barn, Inc. (DBRN), GeoResources, Inc. (GEOI), GLG Life Tech Corp (GLGL), Partner Communications Company Ltd. (PTNR), Quantum Fuel Systems Technologies Worldwide, Inc. (QTWW), Simulations Plus, Inc. (SLP), Simulations Plus, Inc. (SLP)
Total : 78 View more »
Dress Barn entered into an agreement to buy Tween Brands, owner of the Justice and Limited Too labels, in a stock deal worth $157 million. In the deal, Dress
http://www.licensingexpo.com/index.php/dress-barn-to-buy-tween-brands/
Clothing retailer Dress_Barn has become the latest US company to cut full year earnings guidance after disappointing sales during the holiday period. The company said it believed it was "prudent" to assume that the difficulties of the current retail environment would continue into 2008.
The Duluth, Minn.-based specialty chain dropped its poorly performing menswear line in favor of a plus-size line for women. This gave the little-known chain a chance to rebrand itself as a fashion-trendy destination for females between 17 and 34 in small-town and suburban markets.
This company listing from Chain Store Guide includes headquarter information including mailing address, phone number, year company founded, annual sales, units and the names and titles of key personnel.
Total : 66 View more »
Information about Dress Barn Incorporated (The) ... RSS feeds allow Web site content to be gathered via feed reader software.
RSS feeds allow Web site content to be gathered via feed reader software. ... Dress Barn Incorporated (The)
Dress Barn Incorporated (The) ... SUFFERN, N.Y. (AP) — Women's clothing retailer Dress Barn Inc. said its ...
http://www.baltimoresun.com/business/sns-ap-us-earns-dress-barn,0,6753983.story
Dress Barn Incorporated (The) ... NEW YORK (AP) — Standard & Poor's said Wednesday it will add City Holding ...
http://www.baltimoresun.com/business/sns-ap-us-sp-index-changes,0,3486376.story