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, June 4, 2010

American Eagle's weak Q2 view drags down shares

Reuters

During the quarter, total merchandise inventory for the company, that has leaned heavily on denims to attract girls, was $326 million, an increase of $47 million.

Wall Street Strategies analyst Brian Sozzi said the rising inventory would probably mean that the company would have to discount more, putting margins under pressure.

However, American Eagle was planning to cut down inventory in the second half of the year, as it looks to manage pricing and units better, it said on a conference call with analysts.

Link to full article: http://www.reuters.com/article/idUSN2513165120100526

Posted by Brian Sozzi, Research Analyst

Charles' Fox Business Video Clips