Town Sports Int'l (CLUB) Tops Q4 EPS by 5c
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Town Sports (CLUB) Target Lifted to $7 at Piper Jaffray
February 26, 2015 10:09 AM ESTPiper Jaffray analyst Sean Naughton reiterated a Neutral rating and raised his price target on Town Sports (NASDAQ: CLUB) to $7.00 (from $6.00) after the company announced Q4 results and that it is evaluating strategic alternatives.
Naughton commented, "While still early in the... More
Town Sports Int'l (CLUB) Taps Advisor to Explore Strategic Alternatives
February 25, 2015 4:03 PM ESTTown Sports Int'l (NASDAQ: CLUB) announced that Daniel Gallagher has been appointed Chief Executive Officer and Robert Giardina has been appointed Executive Chairman of the Board. Mr. Gallagher had been TSIs President and Chief Operating Officer since January 2014, and prior to that the Chief Financial Officer. Mr. Giardina had been TSIs CEO since 2010. The Company also announced that its Board of Directors is evaluating strategic alternatives, including a possible sale of the Company, and has retained Deutsche Bank Securities, Inc. to assist it in this process.
Mr. Giardina will work... More
