ANN, Inc. (ANN) Tops Q4 EPS by 3c; Guides Q1, FY14 Sales

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UPDATE: Janney Upgrades Ann Inc. (ANN) to Buy

March 14, 2014 11:40 AM EDT

(Updated - March 14, 2014 1:06 PM EDT)

Janney Montgomery Scott upgraded Ann Inc. (NYSE: ANN) from Neutral to Buy with a price target of $43.

"We are upgrading shares of ANN to Buy from Neutral based on 1) our belief that ANN's brands are among the... More

ANN, Inc. (ANN) Announces Realignment; Will Eliminate ~100 Positions

March 14, 2014 7:34 AM EDT

ANN, Inc. (NYSE: ANN) announced a strategic realignment of its organization to support an integrated stores/ecommerce structure and position the Company for accelerated growth and efficiency.

Commenting on the announcement, ANN INC. President and Chief Executive Officer Kay Krill stated, "Retailing has undergone a sea change over the last few years, driven by the continued rapid shift of consumers' purchasing behavior and the growth of omni-channel shopping. ANN INC. has been at the forefront of this evolution, investing... More