div > div.group > p:first-child"> American Eagle Outfitters — American Eagle reported quarterly profit of 43 cents per share, beating estimates by a penny a share. The apparel retailer's revenue fell slightly short of Wall Street forecasts, however and American Eagle forecast weaker-than-expected current-quarter profit as it spends more on marketing and new store openings.
General Electric — GE has hired an investment bank to explore a possible sale of its stake in a renewable energy joint venture, according to a Reuters report. GE is partners with Italy's Enel in the venture, and the stake is said to be worth more than $1 billion. Five Below — Oppenheimer initiated coverage of the discount retailer with an"outperform" rating, citing Five Below's continued ability to thwart unfavorable trends within the retail sector.
hard to believe AGN was Cramers pick of the year in 2016!!!! He was so close to CEO Brent Saunders. Cramer was being played by him and he lost a fortune for all his followers!!!
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