Anxiety building over Aeropostale

|By:, SA News Editor

Cowen Research is out with a warning on Aeropostale (ARO -14.5%).

The investment firm notes a new $150M senior secured credit deal now stands in front of equity shareholders in the reworked capital structure.

Shares are diving today with the retailer's "ballooned" accounts payable figure creating as many worries as its soft sales patterns.