|Bid||0.6958 x 1200|
|Ask||0.6996 x 900|
|Day's Range||0.6900 - 0.7238|
|52 Week Range||0.5800 - 7.0600|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 7, 2018 - Aug 13, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.50|
FBN's Kristina Partsinevelos on the SEC asking Jay-Z to answer questions in court related to the sale of his Roc brand to Iconix.
Moody's Investors Service (Moody's) affirmed DHX Media Ltd.'s (DHX) B2 corporate family rating, B2-PD probability of default rating, B2 senior secured credit facilities ratings and SGL-3 speculative grade liquidity rating, while also maintaining the company's stable ratings outlook. "We affirmed DHX's ratings because the Peanuts/Sony transaction shares the risks and cash flow related to the Peanuts property while simultaneously reducing debt. Moody's estimates that company-defined March 31 2018 leverage, pro forma for the pay-down from the partial Peanuts divesture, is about 4.7x.
Jay-Z did not appear in court on Tuesday after being subpoenaed by the SEC on Thursday. The SEC is investigating his involvement with the Iconix Brand Group, which is being investigated for potential violations of federal securities laws related to financial reporting. Jay-Z was ordered to appear in court on Tuesday to testify in an investigation into the Iconix Brand Group ICON but the rapper did not appear.
Jay-Z must testify in a U.S. Securities and Exchange Commission probe of a retailer that bought assets of his Rocawear brand 11 years ago, a federal judge said Tuesday. The SEC has shown that a face-to-face interview with the hip-hop mogul, whose given name is Shawn Carter, is relevant to its accounting investigation of Iconix Brand Group Inc., U.S. District Judge Paul Gardephe said at a hearing in federal court in Manhattan. Alex Spiro, an attorney for the rapper, said his client agreed to answer questions from the agency on May 15.
Rapper Jay-Z has been ordered to appear at a hearing in Manhattan federal court on Tuesday, after the U.S. Securities and Exchange Commission accused him of twice defying subpoenas calling him to testify in an investigation of the sale of his Rocawear clothing line. In a court filing last week, the SEC said Jay-Z, whose real name is Shawn Carter, had failed to respond to subpoenas served in November and February.
Lawyers for Jay-Z are accusing the U.S. Securities and Exchange Commission of engaging in a “celebrity hunt” by trying to compel the hip-hop mogul to testify in the agency’s probe of a firm he did business with more than a decade ago. Jay-Z, whose given name is Shawn Carter, was willing to testify for a full day, but not “day-to-day until completed” as the SEC is seeking, his attorneys wrote in a court filing dated Monday. The SEC sought a court order last week to compel the rapper to provide testimony as part of its investigation of accounting practices at Iconix Brand Group Inc. The retailer paid $200 million to acquire assets from his Rocawear apparel brand in 2007.
Iconix's (ICON) Q1 results depict softness, thanks to lower revenues in the Men's, Women's and Home units. Efforts to enhance Umbro and Starter brand sales bode well.
LOS ANGELES, CA / ACCESSWIRE / May 4, 2018 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Iconix Brand Group, Inc. ("Iconix" or the "Company") (NASDAQ: ICON) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. On May 3, 2018, the SEC announced an enforcement action against Shawn Carter, the entertainer known as "Jay-Z." This SEC enforcement action is part of an investigation of potential securities law violations in relation to Iconix.
Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Iconix Brand Group, Inc. (ICON) resulting from allegations that Iconix may have issued materially misleading business information to the investing public. On May 3, 2018, the Securities and Exchange Commission (“SEC”) announced that it had filed a subpoena enforcement action against Shawn “Jay-Z” Carter as part of an investigation of potential violations of the federal securities laws related to Iconix. According to the SEC, Iconix paid Jay-Z more than $200 million to acquire intangible assets associated with his Rocawear clothing label, only to write down $169 million of that investment in March 2016 and an additional $34 million in March 2018.
On a per-share basis, the New York-based company said it had profit of 51 cents. Earnings, adjusted for non-recurring gains, came to 10 cents per share. The clothing brand licensing company posted revenue ...
NEW YORK , May 4, 2018 /PRNewswire/ -- First quarter results in line with Company's expectations 1.50% Convertible Note debt refinancing complete Projecting stable cash position and debt covenant compliance ...
NEW YORK (AP) — A federal judge has ordered Jay-Z to appear in court next week to say why he's dodging a subpoena related to a Securities and Exchange Commission investigation of a company that bought his Rocawear clothing line.
The SEC has said the New York rapper didn’t comply with a February subpoena seeking his testimony. Jay-Z, born Shawn Carter, was ordered to appear before U.S. District Judge Paul Gardephe on Tuesday to argue why he shouldn’t have to provide testimony to the SEC. Iconix bought the rights to sell and license Rocawear in March 2007 for $200 million.
The Securities and Exchange Commission has filed a lawsuit trying to compel the rap star popularly known as Jay-Z to testify about an apparel deal that soured. Iconix paid the now-husband of Beyonce more than $200 million in 2007 to acquire intangible assets associated with Carter’s Rocawear apparel brand.
Music mogul and businessman Jay-Z must explain details of the sale of his clothing line to determine whether it violated federal securities laws, the U.S. Securities and Exchange Commission (SEC) said on Thursday. The SEC said it wants to question Jay-Z, originally named Shawn Corey Carter, about the $200 million sale of his Rocawear clothing label in 2007 to the Iconix Brand Group, Inc (ICON.O).
Music mogul and businessman Jay-Z must explain details of the sale of his clothing line to determine whether it violated federal securities laws, the U.S. Securities and Exchange Commission (SEC) said on Thursday. The SEC said it wants to question Jay-Z, originally named Shawn Corey Carter, about the $200 million sale of his Rocawear clothing label in 2007 to the Iconix Brand Group, Inc.
Jay-Z may landed in hot water with the SEC after he failed to testify as part of an ongoing investigation into alleged financial reporting violations at Iconix Brand Group Inc (NASDAQ: ICON). A representative for Jay-Z told Bloomberg the artist is aware the SEC is looking into Iconix's financials.
The rapper and businessman — born Shawn Carter — was issued the subpoena after he failed to testify during an investigation of accounting practices at Iconix, which paid $200 million to buy assets from his apparel brand Rocawear in 2007. The SEC is seeking Jay-Z’s testimony after the company wrote down the value of Rocawear by $169 million in March 2016 and another $34 million this year. The initial SEC subpoena came in November, while the agency issued a second subpoena in February after the hip-hop mogul retained new counsel.
NEW YORK , May 3, 3018 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP ( www.kaplanfox.com ) is investigating claims on behalf of investors of Iconix Brand Group, Inc. ("Iconix" or the "Company") ...
The U.S. Security and Exchange Commission (SEC) on Thursday ordered music mogul and businessman Jay-Z to explain details of the sale of his clothing line to determine whether it violated federal security laws. The regulator wants to question Shawn "Jay-Z" Carter about the $200 million sale of his Rocawear clothing label in 2007 to the Iconix Brand Group, Inc, the SEC said in a statement. "The Commission seeks Carter's testimony to inquire about, among other things, Carter's joint ventures with Iconix," the SEC said, adding that it had questions about whether federal securities laws were breached.