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Stock Market & Financial Investment News

News Breaks
January 7, 2013
07:22 EDTLZBLa-Z-Boy is one of top ideas for 2013, says KeyBanc
KeyBanc expects La-Z-Boy to benefit from the recovery in home-related spending and market share gains. The firm maintains a Buy rating on the stock.
News For LZB From The Last 14 Days
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July 15, 2015
06:19 EDTLZBLa-Z-Boy aims to present itself as more fashionable, WSJ reports
La-Z-Boy is aiming to address a larger share of the market by presenting itself as a provider of fashionable furniture, the Wall Street Journal reports. The company has devoted more of its retail space over the last year to its Urban Attitudes line, the report says. The company is also experimenting with smaller stores in urban areas, including one set to open in Washington, D.C. in November, the report adds. Reference Link
July 14, 2015
06:59 EDTLZBLa-Z-Boy initiated with a Neutral at Longbow
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06:08 EDTLZBEthan Allen, La-Z-Boy rival Ashley Furniture won't be sold, WSJ reports
Ashley Furniture CEO Todd Wanek and Chairman Ron Wanek say that their family has decided not to sell the furniture retailer and will retain their controlling stake, The Wall Street Journal reports. The publication previously said Ashley was working with Goldman Sachs to explore a potential deal, with possible bidders including several private equity firms. The company confirmed that several potential suitors indicated interest in Ashley. Reference Link

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