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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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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 EDTTIF, SIGOn The Fly: Analyst Initiation Summary
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05:32 EDTTIFTiffany initiated with an Equal Weight at Barclays
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05:32 EDTSIGSignet Jewelers initiated with an Overweight at Barclays
Target $120.
October 16, 2014
10:01 EDTTIFOn The Fly: Analyst Upgrade Summary
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05:36 EDTTIFTiffany upgraded to Outperform from Neutral at Macquarie
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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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