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Stock Market & Financial Investment News

News Breaks
February 19, 2014
11:10 EDTTIF, ZLC, SIG, NILE, DGSEJewelry retailers advance after Signet strikes deal to buy Zale
Shares of a number of jewelry retailers are climbing after one of the companies in the space, Zale Corporation (ZLC), agreed to be acquired. WHAT'S NEW: Signet Jewelers (SIG), another jewelry retailer, agreed to buy Zale for about $1.4B, or $21 per share, the companies announced earlier this morning. The deal price represents a 41% premium over Zales' price at the close yesterday. Signet will pay the purchase price in cash, the companies noted. PRICE ACTION: In mid-morning trading, Signet jumped 16.8% to $92.60 and Zale soared 40% to $20.90. Other jewelry retailers were higher as well, as Tiffany (TIF) added 0.9% to $89.37, Blue Nile (NILE) rose 1.7% to $34.60, and DGSE (DGSE) climbed 1.2% to $2.20.
News For TIF;ZLC;SIG;NILE;DGSE From The Last 14 Days
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August 22, 2014
07:37 EDTTIFTiffany September volatility up into Q2 and outlook
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August 21, 2014
08:45 EDTTIFTiffany new T Collection positive, says Sterne Agee
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August 14, 2014
17:20 EDTTIFTrian Fund gives quarterly update on stakes
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August 13, 2014
10:10 EDTTIFTiffany September volatility up into Q2 and outlook
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