Charles Payne In The Media

Charles Payne's Regular Media Appearances
Charles is featured on the Fox Business Network Monday-Friday at 2 PM ET on "Making Money with Charles Payne". He is a member and occasional host of "Varney & Co". In addition, he guest-host several shows including "Cavuto on Business" and "Your World".

The "Making Money with Charles Payne" show can also be heard on channel 113 on Sirius radio.

Friday, March 19, 2010

American Eagle, Minus Martin + Osa = Buy

TheStreet.com

On Tuesday, American Eagle announced that it will shutter its Martin + Osa concept. This highly-anticipated news overshadowed what was a strong fourth-quarter for Eagle.

The news sent shares of American Eagle climbing 8% to $18.52 in morning trading.
All 28 Martin + Osa stores will close, as well as its online business -- moves that should be completed by American Eagle by the end of the year.

This announcement has been a long-time coming, as Martin + Osa has been a drag on American Eagle's business since its inception in 2006. In 2009, Martin + Osa recorded a loss of about $44 million.

Still, it's unclear why the decision to discontinue the concept was so difficult for American Eagle, Wall Street Strategies analyst Brian Sozzi wrote in a note. He plans on inquiring about the company's review process for underperforming brands.

Link to full article: http://www.thestreet.com/story/10699490/1/american-eagle-minus-martin-osa-buy.html?cm_ven=GOOGLEFI

Posted by Brian Sozzi, Research Analyst

Charles' Fox Business Video Clips