UPDATE 1-Neiman Marcus bondholder says company may be in default [Reuters (UK)]
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: Reuters
Neiman Marcus bondholder says company may be in default | Reuters 3 Min Read NEW YORK (Reuters) - Distressed investor Marble Ridge Capital LP said in a letter to Neiman Marcus Group Ltd LLC that the luxury department store company may be in default on its debt after it moved its Mytheresa business into an entity belonging to the retailer’s private equity owners. “These recent actions threaten the viability of a storied franchise that includes marquee brands such as Neiman Marcus and Bergdorf Goodman,” another luxury department store also owned by the retailer, said Dan Kamensky, managing partner of Marble Ridge, in a statement about the letter, parts of which were made public on Friday. Marble Ridge is working with law firm Brown Rudnick LLP and plans to organize with other creditors to look into the Mytheresa move, according to a person familiar with the matter. The hedge fund last year pursued a similar strategy with Singapore-based Global A&T; Electronics Ltd. “We believe a more re
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ARES alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ARES alerts
High impacting Ares Management Corporation Class A news events
Weekly update
A roundup of the hottest topics
ARES
News
- Ares Management Co. (NYSE: ARES) had its price target raised by analysts at UBS Group AG from $156.00 to $160.00. They now have a "buy" rating on the stock.MarketBeat
- Shrink Contributed to 99 Cents' Demise, And So Did An LBO [Yahoo! Finance]Yahoo! Finance
- Is Now The Time To Put Ares Management (NYSE:ARES) On Your Watchlist? [Yahoo! Finance]Yahoo! Finance
- The rise and fall of 99 Cents Only [Los Angeles Times (CA)]Los Angeles Times
- Challenged Athletes Foundation Marks 30th Year with Historic $8.1 Million Grant Distribution [Yahoo! Finance]Yahoo! Finance
ARES
Earnings
- 2/8/24 - Miss
ARES
Sec Filings
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- 4/15/24 - Form 144
- ARES's page on the SEC website