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Stock Market & Financial Investment News

News Breaks
February 4, 2014
11:52 EDTBID, WTW, JCPOptions with increasing implied volatility: UVXY BID WTW JCP SVXY
News For BID;WTW;JCP From The Last 14 Days
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July 22, 2014
11:44 EDTWTWWeight Watchers August volatility elevated into Q2 and enrollment guidance
Weight Watchers August call option implied volatility is at 57, September is at 43, January is at 37; compared to its 26-week average of 44 according to Track Data, suggesting larger near term price movement into the expected release of Q2 results on July 30.
July 18, 2014
14:29 EDTBIDSotheby's board approves restructuring plan, sees $13M related charge in Q3
Sotheby's disclosed in a regulatory filing that on July 16, 2014 the executive committee of the company's board of directors approved a restructuring plan principally impacting Sotheby's operations in the United States and the United Kingdom. The restructuring plan is the result of a strategic review conducted by management and will result in the reallocation of resources to collecting categories and regions with the highest growth opportunity in the future. The restructuring plan is expected to result in employee-related restructuring charges in the range of approximately $13M recognized in Q3 and the corresponding headcount reductions are expected to be fully implemented by the end of 2014. "Sotheby’s will provide specific guidance on the anticipated cost savings in due course; upon full implementation, management expects a net benefit to Sotheby’s cost base as a result of this restructuring plan and resource reallocation," the company said.
10:40 EDTJCPJ.C. Penney call active on renewed takeover chatter
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10:28 EDTJCPRumor: J.C. Penney moves up on renewed takeover chatter
06:39 EDTBIDSotheby's planning to lay off 'modest' number of global workforce, WSJ reports
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