Aaron's Inc (AAN) 29.41 $AAN
Aaron's Makes Comeback, Franchisees Support - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Apr 17, 4:55PM CDT
Aaron's Inc. made a comeback armed with profound support from franchisees for its Progressive Finance Holdings LLC acquisition as well as the newly formulated strategic plans.
Vintage Capital withdraws $2.2B offer for Aaron's
AP - Thu Apr 17, 11:02AM CDT
NEW YORK (AP) — Vintage Capital Management said Thursday it is withdrawing its offer to buy retailer Aaron's, citing the company's continued struggles and its decision to buy lease-to-own furniture seller Progressive Finance.
Vintage Capital Management Responds to Latest Entrenchment Action by Aaron's
PR Newswire - Thu Apr 17, 9:11AM CDT
Vintage Capital Management, LLC (together with its affiliates, "VCM"
, the second largest shareholder of Aaron's, Inc. (NYSE: AAN), today announced that it has delivered a letter to the independent directors of Aaron's. In the letter, VCM withdrew its previously-announced offer to acquire Aaron's for $30.50 per share in cash in light of the company's recent acquisition of Progressive Finance and continued poor performance. The letter also corrected the numerous misstatements by Aaron's about VCM's offer. Finally, the letter confirmed that VCM will proceed with a proxy contest at this year's annual meeting and asked Aaron's to allow shareholders to choose the candidates of their choice at the annual meeting.
Aaron's Shares Fall, Guidance Cut the Culprit? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 16, 9:50AM CDT
Shares of Aaron's Inc. rolled down 4% during yesterday's trade, to close at $29.25 per share.
Aaron's, Inc. Receives Strong Support From Franchisees
PR Newswire - Wed Apr 16, 8:20AM CDT
Aaron's, Inc. (NYSE: AAN), the leading lease-to-own specialty retailer that offers flexible payment options for credit-challenged individuals, today announced that it has received strong support from its franchisees in connection with the Company's acquisition of Progressive Finance Holdings, LLC ("Progressive", and Aaron's new strategic plan.
Why Aaron's (AAN) Stock Is Falling Today
at The Street - Tue Apr 15, 9:35AM CDT
Aaron's (AAN) stock is falling Tuesday after the company rejected a $2.3 billion buyout offer from a shareholder and acquiring Progressive Finance Holdings for $700 million.
Aaron's, Inc. Reduces 2014 First Quarter Revenue and Earnings Guidance
PR Newswire - Tue Apr 15, 6:02AM CDT
Aaron's, Inc. (NYSE: AAN), the leading lease-to-own specialty retailer that offers flexible payment options for credit-challenged individuals, today announced it is reducing the Company's 2014 first quarter revenue and earnings guidance.
Aaron's, Inc. Issues Open Letter to Shareholders
PR Newswire - Tue Apr 15, 6:01AM CDT
Aaron's, Inc. (NYSE: AAN), the leading lease-to-own specialty retailer that offers flexible payment options for credit-challenged individuals, today issued a letter to its shareholders. The full text of the letter is below.
Aaron's, Inc. Acquires Progressive Finance Holdings, LLC, A Leading Virtual Lease-To-Own Company
PR Newswire - Tue Apr 15, 6:00AM CDT
Aaron's, Inc. (NYSE:AAN) the leading lease-to-own specialty retailer that offers flexible payment options for credit-challenged individuals, today announced that it has acquired Progressive Finance Holdings, LLC ("Progressive", a merchandise lease-to-own company from Summit Partners, in an all-cash transaction valued at approximately $700 million. Aaron's expects the transaction to be double digit accretive to cash earnings per share in 2014 and significantly more accretive in 2015.
Aaron's, Inc. Announces First Quarter 2014 Earnings Call and Webcast
PR Newswire - Wed Apr 09, 3:30PM CDT
Aaron's, Inc. (NYSE: AAN), a leader in the sales and lease ownership and specialty retailing of residential furniture, consumer electronics, home appliances and accessories, today announced it will host a conference call on Friday, April 25, 2014, at 10:00 am Eastern Time to discuss its first quarter 2014 financial results. The public is invited to listen to the conference call by webcast accessible through the Company's website, www.aaronsinc.com, in the "Investor Relations" section. The webcast will be archived for playback at that same site.
Acquisitions, Product Offering, Milestone Achievement, and Statement Release - Analyst Notes on United Rentals, Avis Budget Group, Ryder, Aaron's, and GATX
PR Newswire - Tue Apr 08, 1:20AM CDT
Today, Analysts Review released its analysts' notes regarding United Rentals, Inc. (NYSE: URI),
SHAREHOLDER ALERT: The Law Firm of Morgan & Morgan P.C. Launches an Investigation into Aaron's Inc. Regarding Possible Breaches of Fiduciary Duty
PR Newswire - Mon Apr 07, 8:18AM CDT
Morgan & Morgan P.C. is investigating Aaron's Inc. (NYSE: AAN) in connection with possible claims of breaches of fiduciary duty by certain of the members of the board of directors of the Company.
Aaron's, Inc. Provides Update To Shareholders
PR Newswire - Tue Apr 01, 7:55AM CDT
Aaron's, Inc. (NYSE: AAN), a lease-to-own retailer specializing in the sales and lease ownership of residential furniture, consumer electronics, home appliances and accessories, today issued the following statement:
Vintage Capital Management Sends Letter to Aaron's Independent Directors
PR Newswire - Fri Mar 28, 10:38AM CDT
Vintage Capital Management, LLC (together with its affiliates, "VCM", the second largest shareholder of Aaron's, Inc. (NYSE: AAN), today announced that it has delivered a letter to the independent directors of Aaron's. In the letter, VCM appeals to Aaron's Board of Directors to immediately correct Aaron's illegal board structure and improve other governance failings. In addition, VCM strongly questions the business justification for shifting $7.5 million of annual costs from franchisees to Aaron's shareholders, as this latest entrenchment action does nothing to fix Aaron's business. Finally, the letter notes the comments of Aaron's director John Schuerholz, who recently spoke to Aaron's senior leaders on the topic of turning around a losing team.
Consumer Discretionary Equities Technical Commentary -- Research on Five Below, CST Brands, Rent-A-Center, and Aaron's
PR Newswire - Fri Mar 28, 2:38AM CDT
On Wednesday, March 26, 2014, the NASDAQ Composite finished at 4,173.58, down 1.43%, the Dow Jones Industrial Average fell by 0.60% to close the session at 16,268.99, and the S&P 500 ended the day at 1,852.56, down 0.70%. The losses were broad based with nine out of ten sectors ending the session in negative. The S&P 500 Consumer Discretionary Sector Index finished the day at 508.44, down 0.79%, and the same has declined 3.17% in the last one month. Investor-Edge has initiated coverage on the following equities: Five Below Inc. (NASDAQ: FIVE), CST Brands Inc. (NYSE: CST), Rent-A-Center Inc. (NASDAQ: RCII) and Aaron's Inc. (NYSE: AAN). Free technical research on FIVE, CST, RCII and AAN can be downloaded upon signing up at:
ANN Soars on Golden Gate Stake Buy - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 24, 1:00PM CDT
Golden Gate buys 9.5% stake in ANN.
Interesting AAN Put And Call Options For November 22nd
DividendChannel.com - Mon Mar 24, 10:49AM CDT
Investors in Aaron's, Inc. saw new options become available today, for the November 22nd expiration.
Aaron's Gives Back to Orlando Community with Day of Outreach
PR Newswire - Mon Mar 24, 9:41AM CDT
More than 2,000 managers from Aaron's, Inc. (NYSE: AAN), a lease-to-own retailer specializing in the sales and lease ownership of residential furniture, consumer electronics, home appliances and accessories, will give back to the community on Monday, March 24, as a day of service to hundreds of Orlando-area families.
Downgrade Alert for Aaron's (AAN)
Comtex SmarTrend(R) - Mon Mar 17, 7:02AM CDT
Aaron's (NYSE:AAN) was downgraded from Outperform to Market Perform at Raymond James today. The stock closed yesterday at $32.11 on volume of 511,000 shares, below average daily volume of 1.9 million. Based on a current price of $32.11, Aaron's is currently 8.9% above its average consensus analyst price target of $29.25. The stock should find initial support at its 50-day moving average (MA) of $29.00 and further support at its 200-day MA of $28.51.
Aaron's Makes Comeback, Franchisees Support - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Apr 17, 4:55PM CDT
Aaron's Inc. made a comeback armed with profound support from franchisees for its Progressive Finance Holdings LLC acquisition as well as the newly formulated strategic plans.
Vintage Capital withdraws $2.2B offer for Aaron's
AP - Thu Apr 17, 11:02AM CDT
NEW YORK (AP) — Vintage Capital Management said Thursday it is withdrawing its offer to buy retailer Aaron's, citing the company's continued struggles and its decision to buy lease-to-own furniture seller Progressive Finance.
Vintage Capital Management Responds to Latest Entrenchment Action by Aaron's
PR Newswire - Thu Apr 17, 9:11AM CDT
Vintage Capital Management, LLC (together with its affiliates, "VCM"
, the second largest shareholder of Aaron's, Inc. (NYSE: AAN), today announced that it has delivered a letter to the independent directors of Aaron's. In the letter, VCM withdrew its previously-announced offer to acquire Aaron's for $30.50 per share in cash in light of the company's recent acquisition of Progressive Finance and continued poor performance. The letter also corrected the numerous misstatements by Aaron's about VCM's offer. Finally, the letter confirmed that VCM will proceed with a proxy contest at this year's annual meeting and asked Aaron's to allow shareholders to choose the candidates of their choice at the annual meeting. Aaron's Shares Fall, Guidance Cut the Culprit? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 16, 9:50AM CDT
Shares of Aaron's Inc. rolled down 4% during yesterday's trade, to close at $29.25 per share.
Aaron's, Inc. Receives Strong Support From Franchisees
PR Newswire - Wed Apr 16, 8:20AM CDT
Aaron's, Inc. (NYSE: AAN), the leading lease-to-own specialty retailer that offers flexible payment options for credit-challenged individuals, today announced that it has received strong support from its franchisees in connection with the Company's acquisition of Progressive Finance Holdings, LLC ("Progressive"
, and Aaron's new strategic plan. Why Aaron's (AAN) Stock Is Falling Today
at The Street - Tue Apr 15, 9:35AM CDT
Aaron's (AAN) stock is falling Tuesday after the company rejected a $2.3 billion buyout offer from a shareholder and acquiring Progressive Finance Holdings for $700 million.
Aaron's, Inc. Reduces 2014 First Quarter Revenue and Earnings Guidance
PR Newswire - Tue Apr 15, 6:02AM CDT
Aaron's, Inc. (NYSE: AAN), the leading lease-to-own specialty retailer that offers flexible payment options for credit-challenged individuals, today announced it is reducing the Company's 2014 first quarter revenue and earnings guidance.
Aaron's, Inc. Issues Open Letter to Shareholders
PR Newswire - Tue Apr 15, 6:01AM CDT
Aaron's, Inc. (NYSE: AAN), the leading lease-to-own specialty retailer that offers flexible payment options for credit-challenged individuals, today issued a letter to its shareholders. The full text of the letter is below.
Aaron's, Inc. Acquires Progressive Finance Holdings, LLC, A Leading Virtual Lease-To-Own Company
PR Newswire - Tue Apr 15, 6:00AM CDT
Aaron's, Inc. (NYSE:AAN) the leading lease-to-own specialty retailer that offers flexible payment options for credit-challenged individuals, today announced that it has acquired Progressive Finance Holdings, LLC ("Progressive"
, a merchandise lease-to-own company from Summit Partners, in an all-cash transaction valued at approximately $700 million. Aaron's expects the transaction to be double digit accretive to cash earnings per share in 2014 and significantly more accretive in 2015. Aaron's, Inc. Announces First Quarter 2014 Earnings Call and Webcast
PR Newswire - Wed Apr 09, 3:30PM CDT
Aaron's, Inc. (NYSE: AAN), a leader in the sales and lease ownership and specialty retailing of residential furniture, consumer electronics, home appliances and accessories, today announced it will host a conference call on Friday, April 25, 2014, at 10:00 am Eastern Time to discuss its first quarter 2014 financial results. The public is invited to listen to the conference call by webcast accessible through the Company's website, www.aaronsinc.com, in the "Investor Relations" section. The webcast will be archived for playback at that same site.
Acquisitions, Product Offering, Milestone Achievement, and Statement Release - Analyst Notes on United Rentals, Avis Budget Group, Ryder, Aaron's, and GATX
PR Newswire - Tue Apr 08, 1:20AM CDT
Today, Analysts Review released its analysts' notes regarding United Rentals, Inc. (NYSE: URI),
SHAREHOLDER ALERT: The Law Firm of Morgan & Morgan P.C. Launches an Investigation into Aaron's Inc. Regarding Possible Breaches of Fiduciary Duty
PR Newswire - Mon Apr 07, 8:18AM CDT
Morgan & Morgan P.C. is investigating Aaron's Inc. (NYSE: AAN) in connection with possible claims of breaches of fiduciary duty by certain of the members of the board of directors of the Company.
Aaron's, Inc. Provides Update To Shareholders
PR Newswire - Tue Apr 01, 7:55AM CDT
Aaron's, Inc. (NYSE: AAN), a lease-to-own retailer specializing in the sales and lease ownership of residential furniture, consumer electronics, home appliances and accessories, today issued the following statement:
Vintage Capital Management Sends Letter to Aaron's Independent Directors
PR Newswire - Fri Mar 28, 10:38AM CDT
Vintage Capital Management, LLC (together with its affiliates, "VCM"
, the second largest shareholder of Aaron's, Inc. (NYSE: AAN), today announced that it has delivered a letter to the independent directors of Aaron's. In the letter, VCM appeals to Aaron's Board of Directors to immediately correct Aaron's illegal board structure and improve other governance failings. In addition, VCM strongly questions the business justification for shifting $7.5 million of annual costs from franchisees to Aaron's shareholders, as this latest entrenchment action does nothing to fix Aaron's business. Finally, the letter notes the comments of Aaron's director John Schuerholz, who recently spoke to Aaron's senior leaders on the topic of turning around a losing team. Consumer Discretionary Equities Technical Commentary -- Research on Five Below, CST Brands, Rent-A-Center, and Aaron's
PR Newswire - Fri Mar 28, 2:38AM CDT
On Wednesday, March 26, 2014, the NASDAQ Composite finished at 4,173.58, down 1.43%, the Dow Jones Industrial Average fell by 0.60% to close the session at 16,268.99, and the S&P 500 ended the day at 1,852.56, down 0.70%. The losses were broad based with nine out of ten sectors ending the session in negative. The S&P 500 Consumer Discretionary Sector Index finished the day at 508.44, down 0.79%, and the same has declined 3.17% in the last one month. Investor-Edge has initiated coverage on the following equities: Five Below Inc. (NASDAQ: FIVE), CST Brands Inc. (NYSE: CST), Rent-A-Center Inc. (NASDAQ: RCII) and Aaron's Inc. (NYSE: AAN). Free technical research on FIVE, CST, RCII and AAN can be downloaded upon signing up at:
ANN Soars on Golden Gate Stake Buy - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 24, 1:00PM CDT
Golden Gate buys 9.5% stake in ANN.
Interesting AAN Put And Call Options For November 22nd
DividendChannel.com - Mon Mar 24, 10:49AM CDT
Investors in Aaron's, Inc. saw new options become available today, for the November 22nd expiration.
Aaron's Gives Back to Orlando Community with Day of Outreach
PR Newswire - Mon Mar 24, 9:41AM CDT
More than 2,000 managers from Aaron's, Inc. (NYSE: AAN), a lease-to-own retailer specializing in the sales and lease ownership of residential furniture, consumer electronics, home appliances and accessories, will give back to the community on Monday, March 24, as a day of service to hundreds of Orlando-area families.
Downgrade Alert for Aaron's (AAN)
Comtex SmarTrend(R) - Mon Mar 17, 7:02AM CDT
Aaron's (NYSE:AAN) was downgraded from Outperform to Market Perform at Raymond James today. The stock closed yesterday at $32.11 on volume of 511,000 shares, below average daily volume of 1.9 million. Based on a current price of $32.11, Aaron's is currently 8.9% above its average consensus analyst price target of $29.25. The stock should find initial support at its 50-day moving average (MA) of $29.00 and further support at its 200-day MA of $28.51.
