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Stock Market & Financial Investment News

News Breaks
January 24, 2014
18:25 EDTSIGSignet Jewelers had 'constructive meeting' with Corvex Management
Signet Jewelers issued the following statement: "Signet regularly engages in dialogue with its shareholders to understand their perspective and views on our collective goal of enhancing long-term shareholder value. Over the course of the first month of 2014, we have had such meetings with many of our shareholders, including a constructive meeting with Corvex Management where Corvex shared its views regarding the company's balance sheet and capital structure. Management and the board, along with our advisors, regularly review our balance sheet and capital structure and we are open to ideas that may contribute to our efforts to prudently enhance long-term shareholder value. Value-optimizing strategies related to our receivables portfolio and our corporate structure are among the items we have been evaluating and will continue to evaluate as part of this ongoing work. In addition to delivering consistently positive retail operating results, we continue to focus on deploying capital in ways that maximize long-term value for shareholders, including acquisition activity, reinvestment in the core business, share buybacks and dividends. Since 2010, we have taken steps to eliminate non-optimized debt structure, re-initiate a regular dividend, repurchase stock and make strategic acquisitions. Total Shareholder Return was 185.7% during this time period. The company's management, with the assistance of the company's advisors, will continue to carefully review these matters taking into account, among other things, viewpoints shared with us in our discussions with shareholders. We look forward to continuing constructive dialogues with our shareholders and working collectively to enhance long-term value for the company's shareholders."
News For SIG From The Last 14 Days
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October 21, 2014
08:06 EDTSIGSignet Jewelers remains a top pick at Nomura
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October 20, 2014
11:40 EDTSIGSignet Jewelers management to meet with Sterne Agee
Group breakfast to be held in New York on October 24 hosted by Sterne Agee.
October 17, 2014
10:00 EDTSIGOn The Fly: Analyst Initiation Summary
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05:32 EDTSIGSignet Jewelers initiated with an Overweight at Barclays
Target $120.
October 14, 2014
12:55 EDTSIGSignet Jewelers pullback a buying opportunity, says Stephens
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08:04 EDTSIGSignet Jewelers reaffirms Q2 guidance
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08:03 EDTSIGSignet Jewelers CEO Barnes resigns effective October 31, COO Light to succeed
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