New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 4, 2014
18:24 EDTBIDCourt denies Loeb's efforts to remove Sotheby's poison pill, Reuters says
A U.S. court has denied activist hedge fund manager Daniel Loeb's attempts to end Sotheby's shareholder rights plan that limits the size of the stake his fund can own in the auction house, says Reuters. Reference Link
News For BID From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
January 21, 2015
15:41 EDTBIDSotheby's Q1 catelogs accelerating topline potential, says Stifel
Stifel said Sotheby's may be regaining some traction and believes Q1 catalogs indicate accelerated top-line trend potential. The analyst said upcoming aggregated auction estimates imply sales up 9% year-over-year vs. the firm's prior estimate of +6%. Stifel believes Sotheby's is a mispriced trophy asset with potential improved execution and balance sheet structure. Shares are Buy rated with a $50 price target.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use