NEW YORK — Morgan Stanley has reduced its holdings in Abercrombie & Fitch Co. below the 5 percent threshold, but mutual fund giant FMR LCC has more than picked up the slack.
According to documents filed with the Securities and Exchange Commission on Friday, FMR, popularly known as Fidelity, has boosted its holdings in A&F to nearly 9.5 million shares, or 10.9 percent of the shares outstanding, since June, when it reported less than a 4 percent stake in the trendy teen retailer. Companies with a stake of 5 percent or more in a public company are required to report changes in their ownership to the SEC.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)