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Stock Market & Financial Investment News

News Breaks
May 22, 2014
07:21 EDTSIG, ZLCISS recommends Zale shareholders vote for sale to Signet Jewelers, WSJ reports
ISS has recommended that Zale (ZLC) shareholders vote for the company's sale to Signet Jewelers (SIG),t he Wall Street Journal reports. ISS says Zale investors are getting a fair price in the $21 per share deal. TIG Advisors, which owns 9.5% of Zale, has criticized the deal as unfair. Reference Link
News For ZLC;SIG From The Last 14 Days
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June 25, 2015
06:57 EDTSIGSignet Jewelers weakness a buying opportunity, says Nomura
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05:44 EDTSIGSignet Jewelers pullback a buying opportunity, says Nomura
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June 24, 2015
08:54 EDTSIGSignet Jewelers repeats Q2 adjusted EPS view $1.11-$1.16, consensus $1.15
Sees Q2 SSS up 2%-3%. Sees FY16 CapEx $275M-$325M, effective tax rate 28%-29%, net selling square footage growth 2%-3%. Says company's biggest opportunities for market share remain in the U.s. Sees $150M-$175M in cumulative 3-year operating profit synergies by end of January 2018. Says majority of synergies will be achieved by Zale division. By end of FY18, says Zale division expected to be at 9% operating margin. Says synergies alone will help achieve medium-term operating margin milestone. Comments from slides that will be presented at the company's Institutional Investor Conference.
June 20, 2015
16:25 EDTSIGSignet Jewelers to host investor meeting
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