Red Alder

Shares of Ann (NYSE: ANN) were trading higher on Monday as news reports surfaced that investors including Engine Capital and Red Alder have engaged the company's management to explore strategic alternatives. The group of investors believe that the women's apparel retailer could be...

Ann (NYSE: ANN) gained more than five percent in pre-market activity after a one percent stakeholder went public with its desire to boost shareholder value. The apparel retailing chain, which has seen flat or declining same-store sales recently, could be worth between $50 and $55 per share to a...