Your email has been successfully added to our mailing list.

×
0 0 0 0 -0.0152898389371333 -0.0141022786313366 -0.0158093965709196 -0.0186298522971869
Stock impact report

Shrink Contributed to 99 Cents' Demise, And So Did An LBO [Yahoo! Finance]

Ares Management Corporation Class A (ARES) 
Last ares management corporation class a earnings: 2/13 06:00 am Check Earnings Report
US:NYSE Investor Relations: ares-ir.com
Company Research Source: Yahoo! Finance
Increases in operating costs, such as rising minimum wage in some states, also contributed to the extreme value retailer's demise. But the biggest impact that triggered the entire chain of events was a leverage buyout that occurred in 2012, an event that stacked the deck against the retailer's fate. More from Sourcing Journal Florida Governor Signs Harsher Retail Crime Laws Into Action U.K. Cracks Down on Retail Crime and Worker Assault, Sets Tougher Punishments Federal Ruling Mandates 2-Person Crews for Railroads Private equity firms had been circling around the retailer. The company in March 2011 received a $1.3 billion offer in a management-led buyout from Leonard Green & Partners and the Schiffer-Gold family, which founded the retail operation. Family member Eric Schiffer was CEO at the time. But in October of that same year, the Schiffer-Gold family switched buyout partner and agreed to be acquired for $1.6 billion, this time moving its allegiance to private equity fir Show less Read more
Impact Snapshot
Event Time:
ARES
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for ARES alerts
Opt-in for
ARES alerts

from News Quantified
Opt-in for
ARES alerts

from News Quantified